Brandon Wendell, CMT
Brandon Wendell
From time to time I discuss more advanced trading tactics and even technical indicators that I feel may enhance a newer trader’s ability to read price. However, you must realize that these techniques are designed to help you with identifying the price levels for trading. They are not to be your sole decision making process.
We need to keep our trading as simple as possible. Focus our decisions on when to buy or sell based on Online Trading Academy’s Core Strategy involving trend with supply and demand. That is the core strategy that we base our trading on and what we teach in our Professional Trader course. When we are sitting down to find trades, the first thing we need to do is to identify the trend we are trading in and even the trend of the larger timeframe. The trend will tell us whether we will have greater probability taking longs or shorts in our trading.
Once we discover the probable direction, we then need to identify the best entry and exit zones. I equate trading to riding a train. You first find a train moving in the direction you want, (the trend), and then board at a station (supply & demand zones). Trying to board the train between stations while it is in full motion is extremely risky just as it is financially risky to jump into a trend when it is not at a supply or a demand level.
We buy at demand and sell at supply for several reasons:
It is the area where we expect prices to resume a fast movement after a pause in the trend. If we are wrong, then we will have very small risk as our stops will be in a logical place that is very close to our entry.
By entering near the beginning of an impulse, (the dominant move in the trend after a correction), we are going to have greater profits than if we jumped in later as the trend was already moving.
If we buy or sell with the trend and in those supply or demand zones, we will have a higher probability of the trade working out.
When we trade, we want high profit potential, low risk, and high probability for our trades. This is a key to success. So how do the advanced techniques fit into our trading? They give us another perspective of price and can increase our confidence in taking a trade. You have to use those indicators properly though. Buy and sell signals in the indicators will always happen after we are moving away from the supply or demand levels so they are late. Divergence between an indicator and the price of your security or the indicator sitting in an overbought or oversold zone when we are hitting a supply or demand zone is an odds enhancer for your trade.
Trading is rules-based and needs to be as emotionless as possible. If you are unsure of the rules or how to identify the trend, supply or demand, then visit your local Online Trading Academy center and take a course. Proper education is the best way to protect your capital and grow your money consistently.
Neither Freedom Management Partners nor any of its personnel are registered broker-dealers or investment advisers. I will mention that I consider certain securities or positions to be good candidates for the types of strategies we are discussing or illustrating. Because I consider the securities or positions appropriate to the discussion or for illustration purposes does not mean that I am telling you to trade the strategies or securities. Keep in mind that we are not providing you with recommendations or personalized advice about your trading activities. The information we are providing is not tailored to any individual. Any mention of a particular security is not a recommendation to buy, sell, or hold that or any other security or a suggestion that it is suitable for any specific person. Keep in mind that all trading involves a risk of loss, and this will always be the situation, regardless of whether we are discussing strategies that are intended to limit risk. Also, Freedom Management Partners’ personnel are not subject to trading restrictions. I and others at Freedom Management Partners could have a position in a security or initiate a position in a security at any time.
Editors’ Picks
EUR/USD posts modest gains above 1.1700 as ECB signals pause
The EUR/USD pair posts modest gains around 1.1710 during the early Asian session on Monday. The Euro strengthens against the Greenback after the European Central Bank left its policy rates unchanged and took a more positive view on the Eurozone economy, which has shown resilience to global trade shocks. Financial markets are likely to remain subdued as traders book profits ahead of the long holiday period.
GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data
GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling holds ground ahead of the release of the United Kingdom Gross Domestic Product for the third quarter.
USD/JPY drops below 157.50 as Yen recovers BoJ-led losses
USD/JPY loses ground and drops below 157.50 in the Asian session on Monday. The Japanese Yen recovers the BoJ's expected rate hike decision-led losses amid a minor US Dollar uptick and a risk-on market mood.
Editors’ Picks
Gold refreshes record highs, eyes $4,400 amid renewed geopolitical tensions
Gold is closing in on $4,400 early Monday, renewing lifetime highs, helped by renewed geopolitical tensions. Israel-Iran conflict and US-Venezuela headlines drive investors toward the traditional store of value, Gold.
AUD/USD grinds higher above 0.6600 after PBOC's status quo
AUD/USD is grinding higher above 0.6600 in Monday's Asian trading. The pair cheers an upbeat market mood and a hawkish RBA monetary policy outlook for 2026. The PBOC's no rate change decision seems to have little impact on the pair as a holiday-shortened week kicks in.
USD/JPY drops below 157.50 as Yen recovers BoJ-led losses
USD/JPY loses ground and drops below 157.50 in the Asian session on Monday. The Japanese Yen recovers the BoJ's expected rate hike decision-led losses amid a minor US Dollar uptick and a risk-on market mood.
Week ahead: Key risks to watch in last days of 2025 and early 2026
The festive period officially starts next week, with many traders vacating their desks until the first full week of January, making way for thin trading volumes and very few top-tier releases.
De-dollarisation by design: Gold’s partner in the new system
You don’t need another 2008 for the system to reset. You just need enough nations to stop settling trade in dollars. And that’s already happening. "If gold is the anchor, what actually moves value in a post-dollar world?” It’s a question most gold investors overlook. We think in terms of storage and preservation, but in the new rails being built, settlement speed matters just as much as soundness of money.
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