Determining Supply and Demand Zones

Hey Everyone!

Sharing this video on how I chart out supply and demand.
I know I am predominately a math based trader, but supply and demand has traditionally worked extremely well for me with swing trades and thus I still do supply and demand assessments when planning swing trades in addition to quantitative assessments.

I thought I would share my personal supply and demand strategy with you. This may not be the "correct" way to determine supply and demand, but this way has worked very well for me in the past. It was taught to me by a swing trader friend of mine, so I can't take all of the credit here (or criticism).

I use this in combination with quantitative analysis (forecasting and time series modelling); however, this is completely acceptable and appropriate to do independently of any other analysis.

XBI is on my watch list and interestingly enough its current demand zone lines up kind of perfectly with my time series projections.


Hope you enjoy! Let me know if you have questions/comments or critiques.