I am fairly new to the supply & demand concept. I have traded just pure levels & price action for a few years and wanted to take a dive into supply & demand as they can be very great turning points in the market.
We have seen our wave to the downside off our fresh supply zone which has been completed with over a 3:1 R/R. If we do see a pullback into this...
A lot of my charts are off supply & demand levels. I wait until I see price where I want it to come to or I await the next move. Right now, I am looking to short GBPUSD around the 1.30800 level or so.
Downside target of potentially 1.28000
I see so many traders already going short on this pair since last week.. why?? There is no reason to go short or go long. This is what you call being patient, let it show you where it wants to go instead of guessing.
People wonder why they lose and this is the main reason, you're basically gambling. Let it give you a clear sign. We are OVERALL bullish on this...
I believe we will see Gold continue to push downside all the way down to 1240.00 to 1230.00 . We may see a pullback before another strong push downside, but we have also broke a very strong key level . If we seem to keep rejecting, we could very well see Gold just dive bomb downside.
Look to sell the pullbacks , very simple & clean cut. Market structure has...
We have finally seen AUDJPY break out of a huge consolidation. I am waiting for AUDJPY to drop just a little further back into demand which is also where we have broke through our consolidation upside. I think we could see a nice long-term buy all the way up to around 82.000 .
Very clean cut and dry analysis. There is not too much else to really look...
We had a nice short opportunity present off a FRESH supply created a few weeks ago on the GBPUSD. As we all know, GBPUSD has been a complete mess over the weeks.. We do have a demand near lows but we have touched this point in the market too many times and the bulls keep getting weaker.
I believe we ARE going to see the bears come to town and eat up this...
