Traders need to focus

 Traders determining the strength of a zone is how price left that zone volume and the number of trades.  It is important to learn charts and a couple indicators in your trading. Price works the same way.  Traders need to focus on the strength at which price left the origin of the supply or demand zone.  If price leaves quickly, it shows a large imbalance of supply and demand and therefore a stronger zone. Did some kind of news just effect the trade?

Scalping Strategy Course (DVD + Online)

USD/ZAR forex chart

 

	The following assumptions that have been made: - At least 20 pip forecast - The key level and chart pattern were at most 5 candles apart at time of identification

	Symbol : USDZAR

Direction : Identified time : 2021-01-21 21:30 EST Breakout price : 14.98001 Forecast price : 15.0236 Forecast pips : 44 Probability : 66.13 %

Pattern : Triangle Interval : 15 Min Pattern : Resistance Interval : 15 Min

EUR/JPY

 

EUR/JPY 24-Dec-02:00 -> 20-Jan-22:00 Target Level: 125.0905

SL: (A) 125.0905 Last TP of Falling Wedge RL: (B) 126.2100 Last TP of Falling Wedge Target Period: 2 days   Interval 4 hour Pattern Falling Wedge Length 61 Candles Identified 19-Jan-22:00

Falling Wedge identified at 19-Jan-22:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 125.0905 within the next 2 days. Supported by Downward sloping Moving Average

EUR/CHF

 

EUR/CHF 30-Dec-02:00 -> 20-Jan-22:00 Target Level: 1.0740

SL: (A) 1.0740 Last TP of Channel Down RL: (B) 1.0792 Last TP of Channel Down Target Period: 2 days   Interval 4 hour Pattern Channel Down Length 49 Candles Identified 20-Jan-14:00

Channel Down identified at 20-Jan-14:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.0740 within the next 2 days. Supported by Downward sloping Moving Average

Two key components of the different markets.

  Before showing you the details of the strategy, it’s important to understand two key components of the different markets. Why do prices move in any market? Price in any market turns at price levels where demand and supply are out of balance. The consistently profitable trader is able to identify a demand and supply imbalance which means knowing where the actual buyers and sellers are in a market. By quantifying institutional demand and supply areas on a price chart, you can identify market turns and market moves in advance with a very high degree of accuracy.