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tradewonk
Jul 6, 2017 8:20 AM

How To Use Supply & Demand With Support And Resistance Education

British Pound/U.S. DollarFXCM

Description

Supply & demand that exceed stongly support and resistance lines,
are always stronger than supply& demand zones between support and resistance.
Comments
SunnyPawar
@tradewonk that was refreshing. Clean charts look much better.
tradewonk
@SunnyPawar, So you don't like my new chart :-) ?
SunnyPawar
@tradewonk, does it sound like I don't like your charts ? Of course not. That's was a compliment, Tradewonk. Your charts are clean and without indicators (which only give lagging info). You trade priceaction , demand-supply. That's charting at it's best.
tradewonk
@SunnyPawar, Okay misunderstood. Thank you, i appreciate it!
SunnyPawar
@tradewonk, mention not. It happens.
SunnyPawar
@tradewonk, if you look at my charts you'll notice I personally use demand supply zones and S & R lines as well. Take a look at this
:)
tradewonk
@SunnyPawar, Yes, everyone use what their eyes are most comfortable with :)
SunnyPawar
@tradewonk, yup, charting is all visual !
thetraderlady
Hi @tradewonk, so GU broke resistance by 165 pips yesterday based on your chart, that's enough for it to be a valid confirmation that it's now long trend? xx
tradewonk
@thetraderlady, This is not an idea, just an explanation. As you can read the headline: How To Use Supply & Demand With Support And Resistance.
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