Enjoy the free game in this thread, study it well π
1. Break + IFVG
- Price breaks below a pivot low and reverses back up
- Wait for it to invalidate a bearish fair value gap and enter or wait and enter on the retest
- Stop Loss below the zone, Target at the previous high
Best Time To Trade : 10 AM - 12 PM EST
2. Break + FVG Pullback
- Wait for price to break above a previous high
- Wait for a fair value gap to form (or if it's already formed under the high can play that too)
- Wait for a confirmation candle (wick, etc.)
- Enter
This works best in trending markets, so give the price action one hour to settle from the open before entering
The most important thing you want to do is take trades that have a positive Risk to Reward. This means your risk (stop loss) shouldn't be more than your reward (target). You shouldn't play breakouts with smaller accounts and instead focus on
Getting trades with clear defined risk. Supply and Demand techniques are one to look into.
This is one of the most important techniques in trading/investing so do make sure to study it well.
Leave a like to save and retweet to spread the word β€
Thread starts below... π
1. What is Supply & Demand?
Supply & Demand is a way to determine where there is strong buying/selling.
Supply & Demand's show imbalances in trades and illustrate where we can expect to see another bounce or sell off from previous action.
1 continued...
It is pretty similar to a support and resistance level in that you are playing areas of buying/selling, but it includes a stronger sense of the moves and includes a wider range.
Here is a fairly simple way to understand Supply & Demand :