Supply and Demand Trading is a method used to determine where the majority of buyers and sellers will take place. Today I want to look at trading supply and demand zones in combination with two other elements that will help you become much more consistent in your trading. When analyzing the markets it is important to get a "big picture" outlook so that you have an understanding of what the overall direction of the market is. After we determine the direction, we simply need to know where to get on board, and lastly where is it going to end. To determine this information we need to know the following three points:
1. (Big Picture Trend/ Direction) Depending on your style of trading you will want to choose a paticular chart that suits your trading time frame. For example we can look to a 60min chart to get an intraday "big picture" trend, or a daily chart for a swing trading outlook. Choose one and be consistent with it.