Friday, July 31, 2015

Intraday Trading techniques l Technical supply and demand levels for Intraday opportunites

Trading Techniques that helps to scalp and swing trading Hi,
I have shared each and every technique I know here on my blog, you can check out the blog for any help and mail me on the address mentioned below in Intro section for any help personally.
The question arise here is whether supply and demand can help trader built a portfolio based on Intraday level. The answer is big "yes", because For me Chart is a fractal and every move from Minutes to Monthly being done on same approach.
So, it seems interested to everybody and feel excited that If we can spot trend on monthly and goto lowest possible time frame pick the swing break and then pick the lowest risk entry and target the swing high. So, the answer is you can but how and that how become possible if you select pairs that have clear demand and supply levels on daily or higher time frame and LTF shows the same synchronization with the higher.

Take Closer look at this Chart that will completely change the way you thing and that being proved time and time again and again so many times.

Eur/Aud Technical Analysis Simple S/D levels





This is complete treat when you see such opportunities and this is what we all live for is that one opportunity never go bagging and we make enough that always keep our interest and confidence upto the extreme level when we compete with the best of the lot.
It is important for intraday traders that they check pairs that are trending and have syncronization with higher time frames.
These are the few points that we need to understand
* Price should have protect the true demand and supply levels

* First reaction should be crucial and wait to see if price has engulf the nearby supply or demand level.

* Price must go back to test the existing levels specially when it react fast to the level.

* Test should be strong and that level which is tested should be fresh and not tested or consumed before that test.

Trading would be a treat if you consider such points and levels as mentioned in my chart.

Trade Well.

No comments:

Post a Comment

Popular Posts