Lesson 1 = Supply and Demand
Relationship Between Buyers and Sellers Supply and Demand An area where “smart money” entered the market as buyers or as sellers. Price determination is decided by Institutional context in which retail traders (us) can employ proper concepts to track the footprints of bigger market role players. The difference between resistance/support and supply/demand is that supply and demand tend to be fresh untouched areas of interest that can potentially provide short term liquidity (price power) to temporarily give the market a reversal as for resistance/support they represent historical pivot price lines that have played a crucial point in previous price outlining. Orderblocks: (Supply and Demand) Orderblocks are zones in which price marks as a level of interest in where liquidity was injected to be used at a later time. When role players move the market away, they tend to leave footprints for us retail traders to pick up on. These market zones can aid in ensuring that when p...