Advance Price Action Trading with Demand Supply & More

[PAtrader3]

The second part...

Thanks Alpha trader. Basic videos are very nice. Please make more such videos for new traders.

 

[AlphaT]

Thanks Alpha trader. Basic videos are very nice. Please make more such videos for new traders.

Glad you it! Yes, more to come... Thanks!

 

[AlphaT]

Amaraja MTF analysis.

Monthly down with overall Supply holding price. Next DZ far away.

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Weekly has changing dynamics, time to be cautious! A good FTR SZ that had worked nicely has been engulfed but price reacting down from upper SZ in sync with the monthly. Now price reacting from weekly FTR DZ. The Daily picture should ring more alarm bells!

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Daily has serious compression! Alarm bells ringing fully now Watch the compression video to understand what it means!

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Amararaja has broken into the compression now! Look for longs at qualified LTF zones.

 

[sabhlok_r]

Here is a tricky one for traders! Apollohospitals.

Monthly is up no doubt and previous life time high engulfed, all DZ created and respected!

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Weekly one DZ engulfed but second one sent price up, so nothing to worry, but reason to be alert! Point of Imbalance (POI) or Decision Point (DP) of engulf not a great one, but it was able to push down price. (Do we smell a Selling insti(s) around... Hmmm..)

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Result was a huge Red candle yesterday on the daily! But today the weekly DZ was able to hold and push up price causing a gap up and a Doji candle on daily. The way up was also quite compressed (CPAZ) giving an easy path to fall. Then price was held up by next DZ (inside weekly DZ). Trick situation! Should we start shorting at the good looking DZ on daily? Not yet. Look at the daily chart, we need fresh PA to tell what to do. For now just watch or ready the fishing rod

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Moving rapidly towards its supply zone, near 1500 now.

 

[AlphaT]

Just hit 100 subscribers! Thank you friends! Keep learning!

 

[AlphaT]

This was actually pointed out by a friend, in Exide. Price blasted up swiftly through the compression after hitting DZ. Very similar to Amaraja that we discussed but the price movement was much more swifter!

 

[primitivetrader]

This was actually pointed out by a friend, in Exide. Price blasted up swiftly through the compression after hitting DZ.

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now if we have a DZ/SZ which is not as per advanced PA but a good quality zone and price approach the zone with compression, is it high probability to take long trade at such zones ?

 

[AlphaT]

now if we have a DZ/SZ which is not as per advanced PA but a good quality zone and price approach the zone with compression, is it high probability to take long trade at such zones ?

Yes it is high probability my friend! The fact that price is approaching the zone in that manner speaks volumes about the intentions of the Insti(s).

 

[AlphaT]

If some is wondering what is CPAZ, see this for understanding:

 

[AlphaT]

What are your views on Tata Motors? I am holding back mine for a while.

Monthly:

Weekly:

Daily: