Profit from supply zone with these 3 steps – S&P 500 day trading [Video]
|Trading the supply and demand zone is one of the popular techniques for trend trading or reversal trading as adopted by the professional insitutional traders and it is extremely profitable. Yet, 95% of the retail traders overlook one key aspect when trading the supply zone or simply misinterpret the nuances hence ends up as a losing trade.
In this video you will find out how to follow these 3 simple yet effective steps to profit from trading the supply zone without messing up with the tedious technical indicators. You can either rely on simple pullback trading or breakout trading strategy for trade entry once you follow the 3 steps. Watch the video below:
Timestamps
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1:16 Market recap.
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4:05 Trade review.
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5:30 Supply zone explained.
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10:14 Is supply or demand dominating.
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13:40 Effort vs result and volume spread analysis.
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16:09 Current stock market outlook.
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