Find the recording to our latest free supply and demand webinar below. During the session we gave a brief introduction to Pure Financial Academy and covered some of the basic concepts that any and all supply and demand traders should be aware of to make high probability trade decisions.
The most important thing is being able to have an accurate read on the markets to determine the upcoming direction. By locating the abundance of buy and sell orders in any given market we are able to follow the institutions with consistency. When trying to determine where the institutional orders reside we use a set of filters that help to alleviate low probability trades. A few of those filters include:
1. Arrival - Tells us what the thought process was before the abuncance of upcoming orders are filled.
-If price moved into the area clean, there are likely no orders to stop it from returning to the origin which offers more profit potential.
2. Time Spent - Was there an indecision? Why trade an area that is not CLEAR & PRECISE?
-When an area of orders spends little time, it is indicating there are not many traders willing to take the opposing side of the current direction.
3. Departure - Tells us how far and fast price was capable of moving as well as if there was any opposing orders that did not agree.
-When prices moves a large distance from an area this displays orders that were violated & therefore are no longer valid which means there should be no problem going there again.
As discussed in the video the above filters are some of the basic filters that all traders using supply and demand techniques should know. They are however only a microscopic part of what it takes for high probability trading. In combination make sure to include the perceived value of the market along with the direction among many other measures of confluence. There is only so much time in a day and especially a webinar so as always if you have any questions please do not hesitate to contact us.
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