General Trading Chat

[XRAY27]

when Demand zone is broken does it turns as supply zone (like support zone turning as resistance,when support is breaken)

i read support & resistance zones reverse but supply & demand zones remain as such.

I'm not an expert (not even a novice), may be experts on D&S can comment better

thanks

i am also not an expert but i suppose some characteristics in the market dont change , demand zone if breached will act as resistance i think , i have no doubt

maybe xray bro may tell better or manoj bro

if D zone if broken then it will turn into supply zone ..after long time posting D and S zones for BNF in TJ

 

[Pradeep Narayan]

Demand & Supply and Support & Resistances:
Here is my understanding & I reserve all rights to completely misunderstand the concept

Trades across instruments always happen at all prices, but there are some price zones that carry the bulk of the trade. These heavily traded price zones can temporarily stall price advance or decline. These zones thus offer either a support or resist price movement in the upside.

Normally, fear is a greater emotion to greed. Hence when people dispose stocks in fear, there is surge in its volume. Contrary, smart people tend to keep their purchase cost low - hence they spread their purchases in smaller lots across the target price band.

Hence we can come across heavily traded price zones with 2 characteristics - one that has a steady volume across time & another that shows volume spikes across time. One that is a demand zone & another one, a supply zone

Cheers!

 

[toocool]

if D zone if broken then it will turn into supply zone ..after long time posting D and S zones for BNF in TJ

View attachment 22581

which book tells how to draw demand and supply bro??

 

[timepass]

BNF trying to break 24000, 2-3 knocks there.

 

[XRAY27]

which book tells how to draw demand and supply bro??

Pls go through this thread

http://www.traderji.com/community/threads/demand-and-supply-zone-trading.99967/

 

[toocool]

Pls go through this thread

http://www.traderji.com/community/threads/demand-and-supply-zone-trading.99967/

I will sure

But any great book name please?

Link in thread there not working

 

[timepass]

Banknifty nearing 100DMA @23700 (spot)

 

[Pradeep Narayan]

TNB Bhai... These are based on P&F charts and hence no time line. I would hazard 9784 in 1 -2 weeks, rest I am not sure.

Edit: One other calculation is NS at 15725. This I feel should coincide with India's 75th yr of independence.

9784 has come! Sooner than expected!

 

[XRAY27]

I will sure

But any great book name please?

Link in thread there not working

Hmm !!! thats unfortunate !!! , i got lot of stuff from the link any ways refer # post 54 !!!

some books on D and S

Introduction to Basic Supply & Demand Trading for Beginners- joe Okane

High Probability Day Trading with Supply & Demand-Ricardo Calca

 

[manojborle]

I will sure

But any great book name please?

Link in thread there not working

Read about it here https://www.forexfactory.com/showthread.php?t=428204
Search for Sam Seiden in youtube or Google