Hello all, Anyone with any questions regarding with Supply and Demand zones or with price action questions can ask me. I have over 8+ years experience with 4+ years in profitability by just trading indices - using Supply & Demand Zones along with Price Action. There is a lot of misinformation out there so I thought I’ll give this a shot to get in touch with some beginners or traders in their trading journey who want to use SnD as their strategy to start making consistent returns. Whatever doubts or questions you may have can be asked and I will answer them all! Cheers
do you use any indicators? When you enter at the demand zone, where is your stop loss? Do you wait till supply zone to take profit? Or if the candle goes weak you begin to exit?
What is your average Reward-Risk-Ratio per trade and per month as net profit to max. drawdown ratio ? Are you usually profitable every week or every month ? How many consecutive loss trades do you have at maximum ?
You are the most bold preacher. Congrats to you for holding that title. Unfortunately you have yet to prove yourself a worthy preacher. There are actually many millions of newbies who preach about trading. They want to preach, and not learn how to trade for a living
Below in red are areas that are problematic with this simple "strategy". Where are the "not the zones" or "not places to trade" is MORE important in this "example". The Support-Resistance (supply-demand, by OP) does not take into account break outs, overshoots and multiple waves. Anyone who has traded ES, has tried this "method" and found it wanting for lack of details, too broad of strokes, low reliability and not integrated into order tactics. The OP cherry picked zones AFTER THE FACT. That is trading course lesson 1A. The OP does not know what "Action" is*. That is trading course 1B The OP conflates signals and order placement. That is trading course lesson 1C. If you actually try this with a tight stop, you would get chopped up. If you tried this with a wide stop, the losses would outweigh the gains, and you would miss enough profitable trades to make it a negative PL. *Price Action, has "action", hence the name. How the bar fills is the action. This is historical price with NO action.
Try to ignore the negative comments above and continue your thread. They've seen minimal comments, 1 chart and they're already doubting. Typical social media.
I use this strategy and caught the rally on this chart. Except I was using a smaller time frame. There’s more to this strategy than what OP is showing — if he trades it the way that I do.
When you see a strong setup do you go heavy to punish the market or do you take mercy and just get your quota and call it a day.