Supply and Demand Analysis

any traders using supply and demand analysis (richard wyckoff strategies, market profile, etc)?

 

http://www.elitetrader.com/vb/showthread.php?s=&threadid=9727&highlight=profile

 

Supply and demand are just resistance and support.

 

Don't you mean support and resistance are where supply and demand meet?

 

Not exactly.

What people call resistance is created by overhead supply and support is created by underlying demand.

Where similarly sized supply and demand meet results in congestion.

 

I am moving this thread to the "Technical Analysis" forum. It should get more attention there.

 

demand = buying power
supply = selling power

resistance = an area where supply overcomes demand
support = an area where demand is overcoming supply