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Supply and Demand zones for Profitable Trading | How to trade using Supply and Demand Zones — Transcript

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0:04hey guys welcome back to the channel
0:07supply and demand is one of the most
0:09popular trading systems among traders it
0:12can be regarded as one of the most
0:14profitable strategies that one can use
0:16to trade the market if done right as you
0:19all know the stock market is where
0:21traders buy and sell assets the movement
0:24of the prices is due to supply and
0:26demand forces now once you understand
0:28the dynamics of these two forces namely
0:31supply and demand you will be able to
0:33anticipate almost every price movement
0:35on any price chart you will be able to
0:38track the smart money without doing
0:40extensive quantitative analysis and
0:42crunching all those data in your excel
0:44this video aims to give you all the
0:46necessary tools you'll need to master
0:49supply and demand in the market this
0:51topic will have two video parts in this
0:53video you will learn the core ideas on
0:56how to identify draw and trade market
0:58imbalances like professional raiders and
1:01in the upcoming video we will learn how
1:03to filter supply and demand zones using
1:05odd enhancers which will help you
1:07eliminate low probability zones and keep
1:10only those with high outs of success
1:12now the objective of this video is to
1:14help you implement this particular
1:16trading concept correctly so that you
1:19can become profitable in the long run
1:21now the video will cover the following
1:23topics we'll start with what exactly is
1:26supply and demand and we will understand
1:29what a market balance and imbalance is
1:32then we will talk about how to identify
1:34supply and demand zones in the chart and
1:36what are the different structures of
1:38supply and demand zones that you will
1:40see in the chart then we will learn how
1:42to draw the supply and demand zones and
1:44how to trade these zones and finally we
1:47will identify the supply and demand
1:48curves and also learn about why it is
1:51important to identify the curve in the
1:53first place so without wasting any time
1:55let's jump right on it
1:57so what exactly is supply and demand the
2:00supply and demand concept states that if
2:03the supply of a stock or commodity is
2:05high and its demand is low this will
2:08generate excess supply which will drive
2:10the prices down and if the supply of a
2:12stock or commodity is low and the
2:14associated demand is high then this will
2:17create a scarcity in the supply which
2:19will push the prices even higher for
2:21example during times of uncertainty and
2:24fear similar to one with ukraine
2:26rashawar the investors will reduce their
2:28exposure in the equity markets and start
2:31buying safe haven currencies or they
2:33turn to low risk investment options like
2:36gold convent bonds etc to protect their
2:39investment so in such a situation the
2:41demand for these asset classes like gold
2:44and safe haven currencies will drive
2:46their prices even higher another example
2:48is when the fed or the federal reserve
2:50decides to increase the interest rates
2:53what it does is that it will make the us
2:55dollar more attractive to the investors
2:57because of the increased interest yield
2:59this is also known as a carry trade
3:01where traders buy the currencies with
3:04high interest rates and sell those
3:06currencies with low interest rates we
3:08have seen this recently when indian
3:10rupee traded against usd at an all-time
3:13high now having understood the supply
3:15and demand concept we need to define
3:17supply and demand zones and understand
3:19how prices moves on the chart basically
3:22a supply zone is located above the
3:24current price where there's a strong
3:27selling interest at a supply zone
3:29sellers exceeds buyers and price moves
3:32down as unfilled orders get absorbed so
3:35when price reaches this level or zone
3:37the orders get filled and the prices
3:39starts to move down and traders are
3:42usually selling at these supply zones
3:44and as you can see on the chart the
3:45price rallies to a certain level or a
3:48zone then it pauses for a little time
3:50and then retraces back down so as long
3:53as unfilled orders are sitting in the
3:55zone prices will keep coming back to the
3:58supply zone until all these orders are
4:00filled now talking about a demand zone
4:03demand zone is a price area below the
4:05current market price where there is a
4:07strong buying interest and at the demand
4:09zone the buyers exceeds the sellers and
4:12the prices goes up as unfilled orders
4:14get absorbed so we can see a lot of
4:17buying interest in the demand zone this
4:19is most likely caused by a large number
4:21of buying orders at that level and the
4:23traders are buying at demand zones most
4:26often when the price reaches the demand
4:27zone some of these orders get executed
4:30and what you will see in the chart is a
4:32sharp move towards the upside as these
4:34orders get filled now when it comes to
4:36trading the market many traders rely
4:39heavily on technical indicators and
4:41market sentiment to spot the shift in
4:43momentum while there are other traders
4:45who simply trade the market imbalances
4:48by searching for supply and demand zones
4:50now this term is very important
4:52imbalance i will talk about it in a
4:55short while now these zones that i have
4:57discussed are actually price levels
4:59created by banks and institutions where
5:02unfilled orders are waiting to get
5:04filled now the whole concept of supply
5:06and demand is centered around finding
5:08the smart money orders on a price chart
5:10it is simply because they have the power
5:12to move the prices and they are the ones
5:15you should trade with
5:18the basic pattern associated with stock
5:20market is balance imbalance balance in
5:23balance etc and the market trades
5:25between an established excessive level
5:28until it trades above the high of the
5:30excess that is a breakout above the
5:32resistance level or it trades below the
5:34law of the excess that is a breakdown
5:36below the support level now it may seem
5:38confusing but we will clear it out as we
5:41move further in this video so talking
5:42about a balance area if the market is
5:45balanced it means that there are equal
5:48amounts of buying and selling activities
5:50and the prices keep moving up and down
5:53within a particular sideways range now
5:55when it comes to an imbalance area it is
5:58when the buyers or sellers are in
6:00control and the market is imbalanced and
6:02it will move in the direction of the
6:04predominant players so if the sellers
6:07are in control the market will move down
6:09and if the buyers are in control the
6:11market will move up now to understand
6:13this concept of balance and imbalance
6:16let's move to the chart and see how we
6:17can apply these key points as you can
6:20notice in the chart the blue colored
6:22boxes show balanced areas and these
6:24areas are areas where both buying and
6:26selling activities occur at the same
6:28time or simply the supply is equal to
6:31the demand because both the buyers and
6:34sellers are comfortable around this
6:36particular price range and you can
6:37notice the price move horizontally or in
6:40a sideways range
6:41now once the market moves from a
6:44balanced state to an imbalanced state
6:46the price leaves the area with large
6:48candles and this represents an imbalance
6:52which means that one of the players
6:54either the buyers or the sellers exceeds
6:56or dominates the other so on the chart
6:59we can see that the sellers exceed the
7:01buyers and the prices drop with a very
7:03quick momentum and with strong candles
7:06once again the market enters a balanced
7:09state waiting for the price to take a
7:11directional move to either the upside or
7:13the downside area and this cycle will
7:15continue over time so in general the
7:18cycle of the market is associated with
7:20balance imbalance balance imbalance etc
7:23so in a supply and demand strategy we
7:26will be focusing on spotting these areas
7:29of balance the reason being we want to
7:31place our buy or sell orders in these
7:34areas and we want to profit from the
7:36imbalance that will move the price in a
7:38directional point of view but in order
7:41for you to trade the market imbalances
7:43you first need to identify the supply
7:45and demand zones correctly and to do
7:47that there are a set of rules that you
7:49have to follow that will help you find
7:51these zones on any assets that you want
7:53to trade but before that let me talk
7:55about the different patterns associated
7:58with this strategy that we need to be
8:00aware of actually there are two types of
8:02structures or patterns that we need to
8:04learn the first type is reversal
8:06patterns and the second type is
8:08continuation patterns so when it comes
8:10to reversal patterns as you may already
8:12know reversal patterns are chart
8:14patterns that are formed when the trend
8:16reverses its direction that is from an
8:19up to down or a down to uptrend now when
8:21it comes to reversal patterns we have
8:24two structures the first one is a drop
8:26base rally structure in this structure
8:29the price is moving in a downtrend
8:31creating a drop in price which is
8:32followed by a base structure and then a
8:35rally in the price towards the upside
8:38the second structure associated with
8:39reversal pattern is the rally base drop
8:42structure so in this structure the price
8:45rallies up and it creates a base
8:46structure and it is followed by a big
8:49drop in price towards the downside
8:51actually these reversal patterns are
8:53very strong and the price tends to
8:55respect them over time the second
8:57category includes continuation patterns
8:59which actually signals a trend
9:00continuation here also two price
9:03structures are formed the first type is
9:05the drop based drop structure in this
9:08structure the price drops and then it
9:10forms a base structure and then it
9:13continues moving down breaking through
9:14the base and second structure is a rally
9:17base rally here the price rallies up at
9:20first and then it forms a base structure
9:23which will then continue moving up
9:25forming another rally now these
9:26continuation patterns are found inside
9:29the trend and most of the time when the
9:31price tests these structures the price
9:33tends to break through them and that is
9:35why we will focus only on reversal
9:37patterns because they have good odds of
9:40success compared to the continuation
9:42patterns now with that information let
9:44us move on to identifying the supply and
9:46demand zones on the chart following a
9:48simple three-step process
9:50the first step is to identify the
9:52current market price level so this is
9:54the easiest step all we have to do is to
9:56start off by identifying the current
9:58market price the second step is to look
10:00to the left from the current market
10:02price to find extended range candles in
10:05the last drop or rally so in this step
10:08we need to find erc type of candles so
10:11erc stands for extended range candles
10:13and it is actually a candle that has a
10:15very large body with little or no wicks
10:18so if the body's length is equal to the
10:21length of the wicks it is not actually
10:23an erc candle and then we have to find
10:25the origin of the move so once we have
10:28identified an erc type of candle we have
10:30either a drop or a rally in price now we
10:33have to find the origin of that mode the
10:36origin will actually form the base of
10:38our supply or demand zone and the base
10:40is what we require to draw the zones as
10:43we will see later on this video now let
10:45us look an example of the entire
10:47identification process so in this
10:49example we will start at the current
10:51price and we look to the left to find a
10:53drop or a rally in price with at least
10:56one erc type of candle and once we
10:58identified an extended range candle we
11:01will have to identify the origin of the
11:03move the origin is actually what we call
11:05the base
11:06now that we know how to identify the
11:08supply and demand zones we need to learn
11:11how to draw our supply and demand zones
11:13but before that since the market these
11:15days is highly volatile and on most days
11:18we see the market gaps up or down in the
11:21morning it is important to include gaps
11:23in our training market gaps are
11:25extremely useful price action structures
11:28that enables us to identify the supply
11:30and demand zones so they can act as if
11:32they are indicators of the market
11:34imbalances as they indicate clearly
11:36where the market is going so that we can
11:38trade accordingly so from my point of
11:40view gaps are actually leading
11:42indicators for trading supply and demand
11:44imbalances so i have made a video on how
11:47to trade gaps from a price action
11:49perspective in my free price action
11:50trading course you can check that out to
11:52know in depth about market gaps so a
11:55general reminder a gap is an empty space
11:58between two candlesticks where the price
12:00either rises or falls from the previous
12:02candles close with no trading occurring
12:05in between them what this represent is a
12:07big supply and demand imbalance where
12:10either the supply exceeds the demand or
12:12the demand exceeds the supply this is
12:15extremely important for us as it shows
12:17exactly where the market imbalance is
12:19located on a price chart so for your
12:21information a gap up is a gap that
12:23occurs when the lowest price of a candle
12:26is above the highest level of the
12:28previous candle similarly a gap down
12:31develops when the highest price of a
12:33candle is below the lowest price of the
12:35previous candle now when we talk about
12:37gap fill a gap is considered to be
12:39closed or filled when the price comes
12:42back and fills the entire range of the
12:44gap and once the price fills the gap it
12:46generally reverts to the direction of
12:48the prevailing market trend now based on
12:51the types of gaps we can anticipate
12:53either the beginning of a new trend or a
12:55reversal of a previous trend so in
12:58supply and demand there are actually two
13:00types of gaps that are important to us
13:02number one is the professional gap and
13:04number two are the novice caps now
13:06talking about the professional gap it is
13:08a gap that occurs in the opposite
13:10direction of the prevailing trend take a
13:12look at this example we have a
13:14professional gap that is formed in the
13:15opposite direction of the prevailing
13:17trend and the price retraces back to
13:19fill the professional gap and we can see
13:21the price reverses up from there now
13:23this kind of gap signals a market
13:25imbalance is created by professional
13:28traders and it gives us a great demand
13:30zone to trade once the price returns to
13:33fill the gap now the second category of
13:35gaps are novice cap it is a gap that
13:37occurs in the direction of the
13:38prevailing trend itself so a novice cap
13:41tends to form at the end of the trend
13:43which will in turn lead to a reversal of
13:45the trend for example in this chart it
13:47shows how the novice gaps are formed on
13:50the chart you can see the price rallied
13:52creating a gap in the same direction of
13:54the prevailing trend but then suddenly
13:56it reverse back down and as you have
13:58mentioned navi's gaps are located at the
14:00end of the move and in the chart we can
14:02clearly see that the move ended and the
14:04price moved in the opposite direction we
14:06can also notice that there is a zone
14:08where the reversal actually started now
14:10it is very important to understand these
14:12two types of gaps when trading supply
14:14and demand because they give us
14:16important piece of information as to
14:18where the market is willing to go next
14:20and finally we will now learn how to
14:22draw the supply and demand lines on the
14:24chart in order to draw the supply and
14:26demand zones we use two lines that we
14:29place around the base of the zones the
14:31first line is called as a digital line
14:33and the second line is called as a
14:35proximal line as i have mentioned both
14:37these lines are placed around the base
14:40to form our supply and demand zones the
14:42distal line is the outer line of the
14:44zone which is placed away from the
14:46current price and the proximal line is
14:48the inner line of the zone which is
14:49placed near the current price now let me
14:52talk about a few things that you should
14:53keep in mind when drawing the supply and
14:56demand zones the first and foremost
14:58thing is that you should have an idea
14:59about the structure of the base the base
15:02must actually have less than six candles
15:04and the candle's body should be less
15:06than or equal to fifty percentage of the
15:09candles total range and the price
15:11leaving the base should have at least
15:13two extended range candles
15:15and the base should not have the
15:17following things that is it should not
15:19have more than six candles it should not
15:21only have dodgy candles and we won't
15:24accept candles with very long tails or
15:26wicks and we don't accept tear step
15:29candles in our base so there are reasons
15:32for this for example if the base has
15:34more than 6 candles or only has 2g
15:36candles we ignore it the reason being
15:38more than 6 candles and only doji
15:40candles can simply mean that the supply
15:43is equal to the demand and most of the
15:45orders are getting filled now having
15:47less than 6 candles and not a lot of
15:49doji candles shows a great imbalance and
15:52more unfilled orders are still waiting
15:54for the price to retrace back and fill
15:56them so the zone will remain valid for
15:59them now what will happen if the base
16:00has candles with very long tails or
16:03wicks it simply means that the level is
16:05a reaction to the previous supply or
16:07demand zone now these tales shows that
16:09the market participants went all the way
16:12down to look for unfilled orders and
16:14they kept going back and forth until
16:16they got enough strength to push the
16:18prices higher so most of the liquidity
16:21in that area would have already been
16:23absorbed also a base structure that has
16:25a stair step candles is actually a low
16:28probability zone what i mean by a stair
16:30stepping structure is that one candle is
16:33closing below the close of the previous
16:34candle in case of a supply zone and one
16:37candle is closing above the close of the
16:39previous candle in case of a demand zone
16:41now when it comes to drawing supply and
16:43demand zones there are a lot of
16:45different options to choose from
16:46depending upon a person's risk appetite
16:48in general there are three methods of
16:50drawing your proximal and distal lines
16:53based on your risk appetite and how
16:55conservative are you in your trading
16:57i'll show you all the three methods that
16:59you can use to draw the supply and
17:00demand zones properly and you can choose
17:02the right method that better suits your
17:05trading according to your risk tolerance
17:07we have already discussed that supply
17:09zones can either have a rally based drop
17:12or a drop based drop structure to
17:14correctly identify a supply zone we have
17:17to start and leave from the current
17:18market price to find strong bearish
17:21candles with large bodies or bearish
17:23ercs in this chart we can see the price
17:26rallied up in a nice uptrend and it
17:28posed for a short time creating a nice
17:30base structure with a few candles then
17:33the price dropped creating long bearish
17:36erc candles conforming to a strong
17:38market imbalance around this supply zone
17:41and once you identify the zones you want
17:43to trade you can now draw your lines
17:45around the base or the origin of the
17:47move now as i have mentioned there are
17:49three ways of drawing your supply zone
17:51the first is the conservative method
17:53where the distilled line is placed at
17:55the highest wick of the base and the
17:57proximal line is at the lowest of the
18:00body in the basic structure the second
18:02method is the high risk method where the
18:04distal line is placed at the highest
18:07wick of the base and the proximal line
18:09is placed at the lowest weak of the
18:11basing structure now if you decide to
18:13include both the high and low of the
18:15wick you have in turn increased your
18:17risk by making your stop losses larger
18:19than it should be now the third method
18:21is the lowest method where the distal
18:23line is placed at the highest wick of
18:25the base and proximal line is drawn at
18:28the highest body in the basing structure
18:30so in a similar manner you can draw the
18:32lines on a drop based drop structure but
18:34frankly speaking i'm not a great fan of
18:37it so i leave it up to you for the study
18:39now as the price keep retracing back to
18:41the supply zone we can take advantage of
18:43these retracements to place our traits
18:46around the base area you will notice how
18:48the price retraces up and drops as soon
18:50as it approaches the supply zone without
18:52even piercing the proximal line this
18:54means that large piles of unfilled
18:56orders are placed around the supply zone
18:58now the idea is to place your orders and
19:01wait for the price to return and trigger
19:04them now in order to identify a demand
19:06zone we need to start from the current
19:08market price and move to the left to
19:11find a nice rally in the price or a
19:13group of bullish erc candles and also a
19:16base with less than six candles now we
19:19are going to do the same thing as we did
19:21for supply zones but in the opposite
19:23manner we will start by identifying the
19:25basic structure to draw our zone then we
19:27draw the proximal line and the distal
19:29line using the three methods of drawing
19:32in the conservative method the distill
19:34line is placed at the lowest of the wick
19:36of the base and the proximal line is
19:38placed at the highest body in the basing
19:40structure in the higher risk method the
19:43digital line is placed at the lowest
19:44tweak of the base while the proximal
19:46line is placed at the highest wick of
19:48the basing structure and finally in the
19:51low risk method the distilled line as
19:53usual is placed at the lowest wick of
19:55the base while the proximal line is
19:57placed at the lowest body in the basing
20:00structure now as the price keeps
20:02retracing back up to this demand zone we
20:05can take advantage of these retracements
20:07to place our trades around the base area
20:10and you will notice how the price rate
20:11raises down and rallies as soon as it
20:14approaches the demand zone without even
20:16piercing the proximal line this means
20:18that a large piles of unfilled orders
20:20are placed around this demand zone and
20:22the idea is to place your orders and
20:24wait for the price to return to trigger
20:26then and if you decide to include only
20:29the highest fix for supply zone and only
20:31the lowest fix for the demand zone you
20:33are decreasing your odds of getting your
20:35orders filled by the market price now
20:37that is why we include a second line
20:40which largely improves our odds of
20:42entering into the position as well as
20:44keeping an eye on the risk factor also
20:47again when drawing supply and demand
20:48zones you have to keep in mind both your
20:51risk exposure and your roads of making
20:53money now when i talk about gaps the
20:55apps are actually strong price action
20:57structures so when it comes to drawing
20:59supply and demand zones that have gaps
21:01it is important to know where we need to
21:03place our distal and proximal line now
21:06as a rule of thumb we always draw our
21:09zones at the origin of the gap and not
21:11after it that is we place the distal and
21:14proximal lines at the highs and lows of
21:16the previous days closing prices
21:18accordingly now we come to the most
21:20important part how do we trade supply
21:23and demand zones we buy at the demand
21:25zones and we sell at the supply zones
21:28this strategy is pretty straightforward
21:30all you have to do is to identify fresh
21:32supply and demand zones to trade then
21:34place your limit orders either buy or
21:37sell orders at or beyond the proximal
21:39line and set your stop losses at or
21:42beyond the distance line and then wait
21:44for the price to return to your supply
21:46or demand zone to trigger your orders
21:48now take a look at this chart for the
21:50supply zone the price rallied up paused
21:53for a little while and dropped with big
21:55erc candles so we have a great imbalance
21:58at this price level we draw our supply
22:01zone and we wait for the price to come
22:03back and retest this zone and we also
22:05place our order when the price comes
22:08back the second time into the zone our
22:10sell order gets executed and as you can
22:12see it will be a great success now take
22:15a look at another example where the
22:17price drop then pause for a while and
22:19rallied again with big erc candles
22:22thereby creating a demand zone on its
22:24way up now we place our buy orders in
22:27the proximal line expecting the price to
22:29return back to the demand zone to absorb
22:32the unfilled orders now each time the
22:34price tested our demand zone it triggers
22:36our buy orders we can see how the price
22:39is attracted to the zone like a magnet
22:42now there are times when you're not sure
22:44if the zone will yield a successful
22:46trade so what you can do is to wait for
22:49the price to test the song and give you
22:51some bullish or bearish evidence before
22:53placing your order by that way you could
22:55decrease your chances of entering a
22:58losing trade again i prefer reversal
23:00structures for trading because they are
23:02powerful and the chances of success are
23:04high compared to the continuation trend
23:06structures
23:09i hope you are familiar with the supply
23:11and demand curves and their relationship
23:13with prices now to identify the curve in
23:16charts we need to look at the current
23:18price and identify the nearest supply
23:20and demand zones in control now the
23:22distance between the two proximal lines
23:25of supply and demand zone that we have
23:27identified forms the curve that we are
23:29looking for so in the chart we locate
23:32the current market price we look up and
23:34down to identify the closest supply and
23:37demand zones that we have drawn now
23:39after identifying the curve we can
23:41clearly see where the price is located
23:43if the price is located near the demand
23:46zone we say that the prices are low on
23:48the curve when the prices are located
23:50low on the curve our initial buyer
23:53should always be to buy early as the
23:55prices are low the demand is always
23:58going to be high so the price has a
24:00potential to move higher take a look at
24:02another example when the price is
24:04located near the supply zone in control
24:06here we only think of selling as the
24:09price is high on the car given the fact
24:11that the supply is expected to be on the
24:13higher side and that the price has the
24:15potential to move lower now what happens
24:18when the price is located at half the
24:20distance that is between the supply and
24:22demand zones now in such a situation we
24:24can trade in the direction of the
24:26prevailing trend but i generally don't
24:29recommend this as setting your stop
24:30losses becomes a hard task in this
24:33condition we say the price is at an
24:35equilibrium we call it an equilibrium
24:37because buyers are equal to the sellers
24:39usually the price keeps moving sideways
24:42in the area and the curve until one of
24:44the players exceeds the other that is if
24:46the buyers exceed sellers we have an
24:48uptrend movement to the upside pushing
24:50the prices higher on the curve and if
24:52the seller succeeds the bias we have a
24:54downtrend movement to the downside
24:56pushing the prices lower on the curve
24:59now you may ask me why is it important
25:01to identify the curve in the first place
25:03now this is actually what separates the
25:05winners from losers in the big game the
25:08professional traders know that when the
25:11price is high on the curve they need to
25:12sell to the retail traders who are
25:14actually excited to see an uptrend move
25:17continue so the retail traders jump onto
25:19the trade and start placing buy orders
25:22and professional traders actually use
25:24this high liquidity provided by the
25:26retail traders to actually short the
25:28market and move the prices even lower
25:30now similarly when the retail traders
25:32see the prices dropping very rapidly
25:35they think this is a great chance to
25:37short the market once again the
25:38professional traders jump on to the
25:40opportunity to place their buy orders as
25:43the price enters new low territories on
25:45the curve signaling a nice bullish
25:47reversal to the upside this is why it is
25:50important to identify the curve before
25:53placing any order so as a general rule
25:56of thumb we buy when the price is low on
25:58curve and at the demand zone and we sell
26:00when the price is high on the curve and
26:02at the supply zone so when the price is
26:04at an equilibrium we either trade with
26:06the prevailing trend or we don't trade
26:09at all with that i end the first part of
26:11this two video series and as i have
26:14mentioned the next video is going to
26:16deal with odd enhancements and scoring
26:18which will help you to better use the
26:20supply and demand concept and put it to
26:22good use with a higher probability of
26:24success in the market but in the
26:26meantime learn back test and improve
26:28this strategy if you learn something new
26:31please do like the video subscribe to
26:33the channel and enable the bell icon so
26:35that you won't miss out on any upcoming
26:37videos i will see you guys in the next
26:39video till then
26:41see you

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