DislikedTry Support and Resistance. The two are essentially the same thing.Ignored
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Trading Consultants Inc JJG
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DislikedTry Support and Resistance. The two are essentially the same thing.Ignored
DislikedAll supply and demand zones are support and resistance areas, however, all support and resistance areas are not supply and demand zones. I believe S&D is identified AFTER price Leaves an area and WHEN it actually returns to that area for the first time AND by the profit margin. ONLY when price returns to the area for the First time AND there is an acceptable profit margin is an area a S&D zone. [size=5][color=red][b]"There is a difference between S&D and S&R and it is more than just semantics. The difference and recognizing the difference can make...Ignored
DislikedThe chap named Sam Seiden would disagree and if you want to know the opinion of the Forex Educator of the Year in 2010 and 2011 then visit and learn.
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DislikedSupply and demand zones are the areas where there is aggressive buying and selling. It can come in a bullish trend (demand zone) and a bearish trend (supply zone). In a bullish Look for a minimum of three consecutive momentum candles in a bullish trend. Find the starting point of the move and use the rectangle tool to mark the high and low of the candle before the uptrend move. This creates a demand zone. Wait for the price to return to the demand zone and confirm a bullish reversal signal, such as a bullish engulfing candle. You can then enter...Ignored