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    SNR Supply Demand

    Uploaded by

    Fitz
    This document discusses support and resistance levels and supply and demand zones. It provides guidance on properly marking support and resistance levels to gain clarity on the market direction and trend. Only relevant levels that the price reacts strongly to should be marked. Supply and demand zones are areas where the price will move up or down according to supply and demand rules. The basic rules are to buy at demand zones when the price is low and sell at supply zones when the price is high. Looking at higher time frames such as H4 is recommended to analyze supply and demand zones.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    SNR Supply Demand

    Uploaded by

    Fitz
    326 views10 pages
    This document discusses support and resistance levels and supply and demand zones. It provides guidance on properly marking support and resistance levels to gain clarity on the market direction and trend. Only relevant levels that the price reacts strongly to should be marked. Supply and demand zones are areas where the price will move up or down according to supply and demand rules. The basic rules are to buy at demand zones when the price is low and sell at supply zones when the price is high. Looking at higher time frames such as H4 is recommended to analyze supply and demand zones.

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    SNR_Supply_Demand

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    This document discusses support and resistance levels and supply and demand zones. It provides guidance on properly marking support and resistance levels to gain clarity on the market direction and trend. Only relevant levels that the price reacts strongly to should be marked. Supply and demand zones are areas where the price will move up or down according to supply and demand rules. The basic rules are to buy at demand zones when the price is low and sell at supply zones when the price is high. Looking at higher time frames such as H4 is recommended to analyze supply and demand zones.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    326 views10 pages

    SNR Supply Demand

    Uploaded by

    Fitz
    This document discusses support and resistance levels and supply and demand zones. It provides guidance on properly marking support and resistance levels to gain clarity on the market direction and trend. Only relevant levels that the price reacts strongly to should be marked. Supply and demand zones are areas where the price will move up or down according to supply and demand rules. The basic rules are to buy at demand zones when the price is low and sell at supply zones when the price is high. Looking at higher time frames such as H4 is recommended to analyze supply and demand zones.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 10

    Support / Resistance Vs

    Supply and Demand


    RAZ FX PRICE ACTION
    Support and Resistance

     A SNR level is a level in the market where Prices makes a reaction upon
    reaching the Level. Depending on Where the Price have travelled and at
    which point, it’s going, there is a Particular Level which validates the rest of
    the SNR that is in the Charts.
     A strong SNR level is the Level which validates Support Equals to
    Resistance. Meaning Prices intersect at THAT level Most of the time.
     Purpose of Marking relevant SNR levels is to find out
     ** Clarity of Direction and make entries based on that Dominant
    Direction,and Trend.
    Marking Proper Support Resistance
    Levels

     Proper marking of Levels of Support and Resistance is best to include the Wicks as well instead of
    Opening /Closing Prices as the wicks is Indeed the turning point of a significant SNR level NOT
    the Opening price of that candle.
     DO NOT marked too many levels in your Chart Until you are not able to see which is Valid and
    Which is Not. The purpose of marking relevant levels of your charts is for Clarity of direction of
    that pair and its possible destination and at what kind of momentum as it passes each level. If
    you are not seeing a clarity of direction after you’ve marked your levels, you may have
     * Marked Invalid Levels / Too many levels marked (we only want to mark Levels that makes a
    Strong Move after it hits that Level (Important)
     If you are looking for a Buy entry, only marked relevant Support/ or Pivot points on that pair. You
    need not marked resistance levels as you are not making a Sell order. And Vice versa
     If market is Doing More Higher Lows and Higher Highs, we are looking at an Uptrend. If it’s
    making more Lower Highs and Lower Lows, it’s a downtrend. If NO Higher Highs and Lower Lows,
    we are looking at a Ranging Market
    Improper marking of Levels

    Who is Dominant in this SNR level??


    Proper Marking Of SNR Levels

    Can you see More Clear Trend and Direction Now?


    Supply and Demand

     Supply and Demand are zones in which AFTER price entered the Zone,
    depending on that Market trends, market will moved in accordance with
    the Supply demand Rule. Examples of Supply and Demand movements
    are as follows. DBR, RBR , RBD , DBD
    Examples on the Charts
    Supply and Demand

     So in simple words, When there’s a demand, Prices will Go UP looking for a


    Supply.
     When there’s a Supply issues, Market have to come down to look for
    Demand.
     Therefore, we should be very cautious to Sell when Price is already Low as
    you may be SELLING at demand in that Way!!
     The RULE is ALWAYS , BUY at Demand and SELL at Supply.
     On a Higher timeframe entries like H4 will bear the best results for looking at
    Demand and Supply zones instead of Lower Timeframes due to Greater
    reward potential versus risk and also Higher timeframes eliminates Market
    noises and Inaccurate Data and info about Price movements.
    Summary

     Support and Resistance are Levels. Only marked relevant levels to see
    Clarity of Direction and Trend. That’s the purpose of Marking it In the First
    place.
     Do Not marked Resistance levels If you Looking for A buy and Vice versa.
     Supply and Demand Are Zones where Market will react in accordance
    with the Supply Demand Rule
     Basic Rule : Buy At Demand, Sell at Supply. Buy Low, Sell High
     Don’t look for Sell when Price is Already Low and Vice Versa.
    Thanks for Viewing. Been a Pleasure

     If you’re Looking for A Good strategy to begin with,

    Do give this a try @ bit.ly/priceaction1

    It will direct you to Christopher Lee’s Page On His Candlestick Made easy
    Approach

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