Multiple Time-Frame Supply and Demand Simplified

probably tired okay you want to take off for the rest of the day and just enjoy it so we'll get you through this you know as quickly as possible I've got about an hour here to perform some supply to man techniques that hopefully will benefit you guys in your trading career all right so before we get started with any education what I'd like to do is just run you guys through our disclaimer okay so bear with us just one moment and then we'll get out to the fun part okay guys so this is for educational purposes only trading absolutely has both potential risks and rewards any trades placed upon reliance on pure financial education is taken at your own risk your account can be lost in its entirety at any time past performance is not necessarily an indication of future performance pure financial makes no representation than any account will or is likely to achieve profits or losses similar to those shown or discussed all statements and expressions of opinion made by peer financial are the opinion of and its associates and are not meant to be solicitation or recommendation to buy sell or hold securities or commodities this service is not to be interpreted as investment advice or an endorsement of any security commodity future or personal investment advice peer financial is not a commodity trading advisor or registered investment advisor or a broker dealer if your financial may have positions in any asset class I mentioned and is under no obligation to disclose the amount of the position or when it was acquired and will not necessarily announcer all over most of their transactions by participating in this education you are in fact agreeing to all of the terms above and you do accept full responsibility for your trading and investing results so I know guys it's painful got to get through the boring stuff to get to the fun stuff so what we're gonna do today is we've got a quick PowerPoint presentation anytime you're diving into education I know I get it it's great it's fun to jump out to the real charts and the live live markets and we are going to do that here just moments away so I just bear with us just a little bit and we'll get you guys out there so we can have some fun but at the same time it's education is most important right so in other words you know we could I could give you a car but if you have no idea how to drive that car it's going to be very difficult to drive down the road right so kind of the same concept here we want to learn about and then you know you can start to apply the concepts to your trading okay all right so thanks for bearing with me through this again thanks for being here Josh thanks for getting us started and as always thank you to trader kingdom who is absolutely wonderful for their content all right so hopefully you guys are utilizing as much as they have to offer all right so here we go guys we're going to talk about supply demand and it's how to consistently trade using supply demand methods all right I know that this is a terminology that probably 99% of you guys have heard and you know I would say that it's a it's it's a very powerful method of reading the markets okay so just bear with me here all right so in order to understand pure price action you need to understand supply in a man right we need to talk about you know what is supply demand what is it like on a price chart and many other key factors that we're going to discuss today so we just we just decided or better yet we just wanted to talk about what supply demand is first and foremost and then we can kind of move forward here so supply demand is nothing more than an economic model of price determination in a market it concludes it in a competitive market price will function to equalize the quantity demanded by consumers and the quantity supplied by producers this results in an economic equilibrium of price and quantity and I just sorry to giggle here guys but I'm getting a question here and I'm gonna go I will definitely try and address each and every question if possible I'm sure I'll miss a few but unless it's a kind of a pause in the in the in the webinar here if you guys don't mind just try to hold your questions towards the end and I'll get to those you know as best as possible but but do feel free to post any questions that you like and and to answer your question Joe no I'm not I'm not any relation to him whatsoever but I do get that question a lot all right as I'm sure that he may as well but but no no relation was I know actually never met the guy at all okay and yeah so let's continue on okay so supply it's it's very simple guys we talked about supply and a man being economic equilibrium right so what does that mean itself well it basically means that anything in the economy whether you're talking about you know housing you're talking about the grocery store you're talking about purchasing a new vehicle it's irrelevant doesn't matter what it is the balance of supply demand is always going to act the same in that equilibrium we've got to find the balance somewhere now we'll talk about that balance here in a little bit but I'll just I'll just tell you the balance is not where we want to be we want to be in areas where extreme supply and where extreme demand are most likely to take control right so we want to be in the areas where there's an extreme out of balance and imbalance in price that's what we want to take part in so when talking about supply you're looking at supply when it exceeds demand there's a turn in price action now gather guys here we're talking about what supply is to the financial markets all right price is driven down due to the quantity of goods being produced and the lack of demand for those particular goods I know this seems very very simple right it's just a basic concept but what I want to implore you guys to do is look at the markets know differently all right in other words if you're looking at a price chart and right here we're gonna look at we're an area where supply exceeded demand therefore it's driving prices lower so what I want you to start thinking about here on a price chart is why would I think of a price chart or better yet why would I look at a price chart and think anything different than a typical supply demand thought process right and those thought processes go into something like for example and I and I use this in my course sometimes but if you go out and you're you're purchasing a home right and we'd just love to use analogies because it really sinks in what we're trying to get across here so if you really go out you're purchasing a home I would just pose a question to any one of you would you ever go out and offer more than the value of that particular home I'm pretty sure that most of you I don't want to put where in your mouth so if anyone who disagree please feel free but I'm pretty sure that most of you say no I wouldn't I wouldn't pay more than the value of the house right but I would offer less okay and just the same if you actually own that house okay would you go out so for example let's that right here okay this is your house and you own it okay so now we know that the housing just drops astronomically for some reason all right and we don't care why it is but for some reason we have a huge drop in the value of that home but then all of the sudden six months later we're back to those highs right wouldn't you want to become a seller at that point simply because you know that there was you know the value just plummeted and you're scared of it happening again right so then you become a seller you would never turn around and buy that house it wouldn't make sense so the thing that we're looking at here is how to make supply-demand on a price chart that simple okay what do we look for on a price chart that tells us when to become a buyer and when to become a seller so we're looking at defined areas in the market to to help us know when to get on board so again this is a supply so what it looks like on a price chart we'll dive into this more in depth okay all right demand is the exact opposite guys when it when demand exceeds supply there's a turn in price action price is driven up due to the quantity of goods being demanded and the lack of supply for those particular Goods alright so you know if we go out and there's you know let's just say that 3/4 of us in this room for some reason we want to go out and we we may need dinner for tonight or something okay but nonetheless there's a particular meal let's just say we're gonna go out and buy a pizza if there are a hundred pizzas but yet there's 500 of us that want to actually buy that pizza what do you think is going to happen to the price of the pizza I think we all know the answer to that question we're gonna pay a high dollar for it right absolutely we are because there's tons of us wanting it and and I'm gonna be willing to pay maybe more or less than one of you and then so on and so forth it's a trickle effect so you may be willing to pay more than the next person and so on and so forth so the demand is clearly driving the cost of that pizza up all right so let's keep it simple here I know these are basic terminologies that I'm using here but that's what I'm trying to implement into your own trading we're trying to get you to understand that the more complex and the more complicated you make trading then that's you know exactly it's going to reflect right okay so let's look at demand on a price chart what does that actually look like so here we can see that price has reached an area where the demand clearly exceeded the supply therefore when we come back to this particular area we have a large rally and price away from it okay so if you think of supply demand you know as basic footprints left into the market that's exactly what they are back here this is telling you something there's a clear sign in the market right here we have a drop in price as we reach this exact price point there is a very large turn away so what that's signifying is that the buyers all of the sudden stepped in and took control of the markets even gapped away from this area so then we have a very large rally in price the only thing that as a trader we can look at is the fact that this area of demand did at one point turn the markets with an with extreme right in other words we showed extreme strength coming out of it for the first time so the first time we come back to revisit it why are we to believe that it is anything other than that going to repeat itself okay all right let's talk about peaks and valleys peaks and valleys are that's our simple there another name for turning points okay they refer to the top of the area where price turns to the downside after a move up and valleys refer to the bottom of the area where price turns to the upside after move down okay you've heard peaks and valleys you've heard swing Point high swing lows you know drop base rallies rally waste drops etc okay we don't really focus too much on the terminology we're just worried about what it looks like on a price chart but we do know that Peaks become areas of supply and are created by a rally Drew's me rally base drop formation valleys are become areas of demand now bear in mind here guys we're talking about Peaks being areas of supply okay and valleys are the opposite there are the areas of demand all right and they're created by a drop based rally formation these formations are created by the imbalance between the supply and demand okay we can see imbalances and properly spode you guys get the idea so that's absolutely what we're looking for as we mentioned earlier we're looking for the true imbalances and price action these are references of Peaks okay it's very simple guys if you think of Peaks we're just literally looking for a rally price to base in one area and to drop away from that okay so we have many of them we have a rally base drop another rally base drop and then another one here and finally one here as well so many peaks on a price chart now are we just going to go out and randomly start picking out every single peak in every valley and start trading absolutely not okay absolutely not the key here is determining which of those peaks and which of the valleys that we're most likely going to turn from all right let's look at some valleys here these are just the opposite guy excuse me of the peaks okay we're looking here at a drop base rally away from it so after a drop in price you're looking for a an area where demand exceeds supply and then we have a rally away so this is signifying that there are buyers left in this area now you know some of you may know this and some of you may not what you have to be aware of guys when trading supply demand is that the large money absolutely pays attention to it what I would I mean my large money I don't mean you know they're making that's not what I mean I mean the the larger money players right the institution's okay your your hedge funds these big big money traders the ones that can actually move the market these guys are not paying attention to you know a tick chart okay and they're absolutely out there they have orders just waiting to be filled okay literally just sitting on the exchange and if you ask yourself well how does supply to man truly work think about it if we know that there's demand in this area after we leave that look at how we left this area we left so fast don't you think that we left some buyers there absolutely so as we leave very quickly that means that not everyone was capable of being filled okay so that's better for us so when we come back there those orders still reside on the exchange okay that's exactly what we want to see that's exactly what we want to see because the more orders that sit there on that exchange that means the higher the probabilities that our trade is going to work out in our favor even yet again okay large move away again so now we've taken a look at peaks we've taken a look at valleys what's another reference to those a terminology if you will we're looking at the rally based drop it's the same thing guys we're basically looking at a peak right here and as we stated the peaks are formed by rally base drop formations alright so what you're really learning right now is what supply demand looks like on a price chart therefore look at what happens when we come back into it for the first time clear imbalance and price right you're looking at these candles and you're asking yourself how fast did price lead this particular price point okay we don't care why guys it's irrelevant to us why price left is I don't care if it's home numbers or our GDP or you know you could have pending home sales or you know it's irrelevant it really does not matter Wyatt turn did it turn and how quickly did it leave right in other words if we left so very fast we know that there's most likely still going to be orders just sitting there that are waiting to get filled that's what we want to see talked about the valleys we're gonna we're gonna refer to this as also a drop base rally in price okay so we're looking for peaks and valleys as areas of absolute supply demand okay what about continuation patterns continuation patterns are areas in which price was driven - okay so in other words it was driven to this price point and pause for a moment and then it gained regain momentum okay we look at - price patterns to determine a continuation move there's a rally base rally and a drop base drop formation we're only going to look at these two formations does it sound like a lot but I assure you that's all that you need in the market to understand supply demand okay all right so here we go guys rally base rallies refer to a continuation pattern that was controlled by the Bulls okay this can act as an area of demand for upcoming trade setups and same as we referred to peaks and valleys you know for supply to amp Peaks being supply valleys being demand we're going to do the same thing here rally base rallies refer to demand okay because the Bulls control this entire formation that we form drop based drops refer to a continuation pattern control by the Bears so this can act as areas of supply okay for the upcoming trade setups these formations are also created by the imbalance between the supply and the demand and the equilibrium is very off in the market all right let's look at these on a price chart and let's say hey what does a rally base rally look like okay we have a rally and price begins to go sideways momentarily there and then we have a continued rally and price all right so a rally base rally formation notice we have a rally here small basing another rally away okay so as we come back into these areas of rally base rallies continuing to be controlled by the Bulls then we can take part in those we also have the opposing which is the drop base drop we have a drop in price clearly goes sideways just moments and then a continued downward motion alright as price comes back up we can see that the Bears begin to take control again okay signifies that there's still an imbalance in price at that particular price point all right guys we're gonna look at supply demand on multiple time frames now so now you got it now you know what peaks and valleys are okay you know what to look for on a price chart we're looking for four formations I need to I need to grind those in so that you know make notes or whatever it is that you want to do but remember we got peaks and valleys and we have our continuation patterns the rally base rallies and the drop base drops so now when we talk about multiple timeframes alright we're talking about formations that are the exact same okay this is important the formations are the exact same on all time frames okay the difference is that they hold it's much stronger impact on the market in the larger timeframe okay so the larger timeframes bear a much larger impact on price action and that's due to the fact that again like we stated before the large money is more aware of the larger time frames and the larger outlook okay okay so you want to begin your analysis with a top-down approach begin with the larger time frame first and then work your way down to the time frame that you'll actually be placing the trades based off of so here we go we can we can choose a maximum of three time frames all right and I'm going to say this heavily do not over analyze a market and what does that mean first of all okay what is not over analyzing a market mean because we need zero percent subjectivity here all right we don't want to go out in question well I know that we all said don't overanalyze or or this and that but how do I know the answers those questions I'm going to tell you right now don't overanalyze a chart means don't go out and look at a daily a four-hour an hourly a 15-minute a 5-minute and a three-minute chart and expect to make high probability trades okay we absolutely okay we want to pick three timeframes maximum and we want to trade based off of those so if we're an intraday trader which I know a lot of us probably are it's great guys we can look at a daily chart we can look at an hourly chart and drop it down to a 5 or a 15 I say or a 15 not both okay just one of them for our entries and that's it that's all that we need to truly trade based off supply and demand so you got to ask yourself these following questions and these are very very important make notes here guys are we near an area of supply demand on the larger time frame okay so for example looking at a daily chart first thing you want to ask yourself is are we trading against supply demand if we're budding our head up against a major area of supply you know that we don't want to go you know trying to get along the markets on an hourly chart same thing with an hourly if we're butting our head up against supply you definitely don't want to be getting along on a 5-minute chart okay so you definitely want to be aware of what doing in the larger time frame at all times then ask yourself is there a path of least resistance in one direction path of least resistance simply means that you're looking for a direction where there's nothing to stop you okay so if you have huge red candles all right for example if we have a drop in price and you have just you know two or three huge red candles no basing or anything then that gives us the belief that we can absolutely turn right back to the upside and I know that confuses some people because you say to yourself well that's very confusing right because after a large drop in price surely we'll go we'll go lower that's the only thing we can do right showing weakness no I definitely don't agree with that what I would have you open your eyes up to is that this is now giving you a path of least resistance and it's manipulating 90 percent of the mass public okay this is why professional traders have the ability to do what they do so if you think about it we all need a transaction right in order to create a transaction any one of you in order to buy the market you must have a seller on the other side of your trade in order to sell the market you absolutely must have a buyer so we also we all have to have equal amounts of buyers and sellers in order to make those transactions take place now whoever's left over at the end of that battle they're gonna win the battle all right so let's take for example if you're if you're in the the exchange and you happen to be on the desk and you have 500 buy orders and then you have 800 sell orders we all know that the sellers are gonna take control they're gonna use up all of those buys okay so in other words they're gonna they're gonna use up 500 buy orders and then we still are left with 300 sell orders and they're gonna just drop the market but remember what do we talk about just moments ago what happens to those 300 orders guys okay they just sit there they're still sitting there waiting to be filled so when we come back to that area that's gonna help us in a potential trade setup okay all right so how long have we been trading in the current direction this is another question you're going to ask yourself this is also very important you never want to become a buyer after a large rally in price and you never want to become a seller after a large sell-off in price and this completely goes against the conventional method of trading but you guys you know tell me okay think you all know well enough to know that after a large drop in price we don't want to go chasing a trade so it's absolutely it's just putting it in simple terms here we don't want to we don't want to absolutely you know after after a large move in price we definitely don't want to go chasing after it so ask yourself if we've been trading in a northbound direction other words if price has been going up for a long time then the last thing we want to do is go in and be a buyer right no of course not we want to become a seller when we get the opportunity because price has been driving up for too long so we want to actually think about maybe the opposing I'm not telling you to go out and counter trend trade I'm telling you to start thinking like a professional okay so I believe this is the last thing with the powerpoints we're going to talk about here but we want to look at trend versus counter trend trading applying the larger time frame supply demand will add probability to your counter trend trades all right every trend literally every trend has an end ok it comes to an end and it also has a beginning as we all know every turning point is created by an influx of either or it's going to be supply or demand right if we turn higher then there's an influx of buyers so in order demand if we turn lower there's an influx of sellers these areas are found on the larger timeframe guys not the smaller ok we got to be aware of that trending is caused by areas of supply and areas of demand being apart from one another all right they act as a magnet that's what they're doing so if you have a lot of supply above you have a lot of demand below they're going to literally try to pull price towards them this is why you hear us say all the time don't Dibble in the middle all right because if you're dealing in the middle you don't you have no idea which one has the higher probability of working out they're both pulling they're both acting like a magnet so who knows gonna who's gonna win right we're trying to add probability not reduce it alright guys so this is the end of the the PowerPoint presentation we're gonna get out in some live charts hopefully you guys will enjoy this a little bit more so this is obviously the end we talked about that you guys can visit us and we'll just address this quickly here so we can move on we're happy to bring this back up if you guys need to okay but uh you know pure financial Academy com feel free to go out and check out the website you know there's the blog and everything of that nature as well so you know being aware also if you guys have any questions regarding to anything pertaining here today or you know to do with create trader Kingdom or anything of that nature as far as that goes you can feel free to email us at support at pure financial Academy com phone us in at two and three eight six seven seven eight seven three and absolutely get it go ahead and get started with that free 7 day trial that Joshua so kindly pull uh posted for you guys in the left links column alright love to have you guys on board so let's get started with some live charts bear with us we're gonna stop the application cheering and we're gonna go ahead and get you guys out to the chart ok all right traders ok great so and hopefully everyone's getting Josh if we have any problems here just let me know hopefully everyone's getting audio here once second guys ok I'm just going to I get rid of our chart trader here apologize for that alright so now's the fun part we we've learned what supply demand is we know that it's the imbalance in price nothing more okay we don't want to over complicate this at all is there an imbalance in price action or isn't there and and yes or no it's only a yes or no okay then we trade accordingly so we're looking for true imbalances in price where the supply clearly exceeds the demand and or the opposite ok so we go out and we open up a price chart we're gonna notice right here that there was a very very large imbalance and price okay therefore I apologize guys let me get rid of these for you okay so a very large imbalance in price and I'm gonna say you guys will hear me repeat a lot of things because I think that it's important for you guys to kind of you know get it driven in to your to your minds here but you'll hear me say this a lot we had an extreme turn in price from this exact price point 1350 quarter and we do not have any chorim's it doesn't matter to us why it's irrelevant right this is why we don't go out paying attention to the news of course we're aware of what's going on in the econ news coming out for that day and so on but we're never gonna go out and have a bias on the market I would absolutely implore you guys not to do that because you will hinder your trading we got to do the exact opposite I would rather literally not have any idea about any news and I would absolutely go out and trade a price chart all day long so what we do every day okay so here we're looking at that extreme imbalance in price as we come back to revisit that area for the first time we are a willing buyer okay we're a willing buyer and why is this why are we why are we so willing to get long out of this one price point but no other because the chart told us so okay what do we talk about just moments ago we talked about our valley formations right huge valley right there so as we come back into it very nice trading opportunity has taken place now we're not gonna dive in so much guys this we only have an hour here we're not trying to you know teach a complete supply demand method in in one hour it's impossible but we will give you you know little key things along the way as well as well Josh was so kind of mentioned before you know you know you can check out our trader kingdom we try to post weekly as often as we can get you guys out some some content there so you can always check in there as well and the blog and so on get a lot of information but here we are looking at the imbalances in price now how do we know not to take this area that's something that we cover in our course every single day if there's any of our clients in the room as of now they would know that in our course this morning we specifically stated that we are not looking at shall we verbatim we said we are not looking at shorting this market absolutely not even if we come up into this peak we're not willing to short the market okay and there's defined reasons for that guys the beauty in what we do is that there is 0% subjectivity there's nothing on a price chart or that we have to go out in question okay we either see it or we don't and what kind of we'll talk just moments away about what this actually is okay this is being automatically plotted for us so we don't have to question that either so we not not only do we trade based on supply to man but it's being plotted automatically for us so we don't have to go out and say hey you know how do I wrap this zone or how do I find supply on a price sure how do I find a man on a price chart you you just look at the chart it's already done right it's done for you which is what we refer to as our PFA zoning so please have a look at that if you're ever on the website there a little video and whatnot all right so let's just continue back guys we look at all of these price points okay as we come back into them as we stated just moments ago we are a willing buyer in areas where demand clearly exceeds supply and we're a seller where supply clearly exceeds demand we're going to incorporate the trend into that here one thing that people forget to do and this is very important guys just keep it simple scrunch that chart up look at that you see an entirely different picture okay because when we open that chart up and we're so tightly here we're so right into our areas of supply demand look at what we do we say to ourselves I have no idea what the trend is look at this okay let's just draw it out who knows what this thing is okay because you have we know that a trend is determined by higher highs higher lows or lower lows and lower highs but look at what you have okay we have a swing low higher high higher low higher low excuse me higher high and then all of a sudden you get a lower swing low so this is in your mind really going against the trend right but then you scrunch that chart up and all of the sudden now things become so much more clearly now you can see oh wait a minute I can clearly see now that we're remaining in an uptrend so if we enter back into our areas of demand sure I'm a willing buyer okay because if the trend is going to remain intact then we shouldn't be violating these major swings in the market alright get rid of these drawing tools here okay and hopefully that makes that make sense going out into you know supply demand guys you can literally look at you know supply demand on any market and any time frame and that's one of the great things about supply demand is that there's no one market that you can trade and look at some more markets in just a moment but there there isn't one okay you can trade any of them which is you know again that's great alright so let's talk about while we're on that subject let's talk about multiple market analysis why would this benefit us why would we be willing to go out and trade multiple markets because if you're truly consistent in supply and/or demand that means that you're a patient trader you got to wait for prices to come to you then you become a buyer so here we were limit long all right this is a trade that we had the ability to get on this on board this morning and so we were limit long from the 1353 area okay stops below the structure and nice trade but we don't want to talk about that what we want to talk about is how we need to get out on board this trade so we're trend is to the upside we have a fresh area of demand we have no reason not to get along the market as we come back into it all right incorporate that trend but let's talk about other markets what if this would not have occurred today what if we came out we looked at the S&P and we go there's nothing EFA zonings not plot plotting any supply any demand for us you know we don't have anything to trade what about multiple mark gets all right what about the ability to go out who in the room do we have do we have any forex traders here just with a you guys go ahead and post that in the QA there if you don't mind I'd love to know how many forex traders we have in there I'll try to address this question yeah Praveen yeah we enter based on limit orders mm-hmm yeah because the the thing here guys we're pre defining our trades so we know our trades well in advance doesn't matter if we're looking at Forex futures equities you name it and you know depending on your trading the timeframe that you're trading if you're an intraday trader then a lot of times we know trades pretty much the day before or you know during that day we know them you know sometimes our to three hours in advance yeah absolutely so we place trades accordingly great question excuse me a great question by the way yeah all limit orders is how we look at entering great guys I see there's several of you in here all right nice good forex traders all right we love to see that okay so let's go out and let's ask ourselves I don't know does supply to man work on Forex because I've heard right and I'm just using an example now I don't mean I've literally heard this but every one of us has I've heard that nothing you you do can work on Forex right all these trading systems and this and that that you know talk about how much money they made in all this none of them actually work right thanks Pat I appreciate that Pat's up pointing out yes it works so thanks a lot I appreciate that this is this is the one thing guys that I've found to be consistent okay that's what that's all that will say is we're looking for consistency and this is the this is the most consistent method that we've seen and we've used literally just about everything you could possibly imagine okay been around been doing this for a while as I know some of you have so same thing guys we're looking at the SMP and we go wow you know there's not there today so now let's talk about the euro dollar okay let's look at that Forex I don't know does it work there you guys tell me look at a price chart and you go out and tell me great buying opportunity right here what about this right here okay it's literally and this is what we want to talk about guys let's plot something here and go when did we know about this alright excuse me okay when did we know that we wanted to be a seller into this area let's go back and find out scrunch the charts up Wow would anyone believe that we knew we wanted to be a seller out of this exact price point back in the beginning of December okay we've known this for two months almost three excuse me for three months guys we've known that if we come to this price point we are a seller so when I tell you that we're pre defining our trades that's exactly what I mean so we limit short all right we're limit short from this area and that's it okay so that's what we're looking for on a price chart all right yeah I'll take a look at some of the other markets as well for you guys sure no problem let's try and address a couple of questions here is I have a moment so Pat's pointing out the support and resistance aka the key levels are very important important in forex - man I couldn't agree with you more Pat yeah I couldn't agree with you more one thing I want to add to your statement there though support and resistance versus supply - ma'am one of the things that we teach you in our course is that these are extremely different now whoa that probably throws you back right you're thinking wait a minute I've heard that support resistance supply demands same thing okay well maybe it is for some people but not for us we completely go against that thought process because supply guys and demand their absolute areas where influx of buyers and sellers come in you can test an area multiple times and you can even violate through it and still have an area of support or resistance but that's not going to happen with supply demand when these levels get violated we are not through candles to find them okay hey so for example God is what did we talk about just moments ago we said that we're looking for rally based rally formations right rally base rally away from it okay limit long and then very nice move to the upside okay there we go so let's let's continue for that's what we want to talk about multiple markets you really need the ability to go out and do this because to truly find that consistency we highly recommend you know don't just trade one market a hundred percent of the time if you do be very very patient okay because you're only going to get so many trades and the more if you go out and start trying to force trades you know I I just definitely wouldn't recommend that okay you got to protect your accounts and that's not the way to do it we're all about consistency not losing finances or whatever alright guys so let's see thanks Dante I appreciate that it is awesome I would completely I concur absolutely all right so let's take a look at the dollar we got it we got someone asking about this we'll take a look here at the dollar okay and then we can kind of move forward and there so yeah same situation guys we have absolute areas of supply demand being plotted on a price chart okay we haven't really come up into one we had a we had a limit sell today okay so a we had a limit short today and didn't get filled that's okay so we got filled on other markets great great trading there and now this is the way that you have to go into every single day and you have to say hey look it's either gonna work or it isn't I'm either gonna get filled or I'm not okay and I'm pretty sure you'll you'll you'll see a difference in the consistency of your trading methods alright how about the exits Dante's asking so the exits that's a good question guys I and one thing I don't want to do is dive into our methodology okay we want to keep this purely education you know bound here and just so you guys are aware we definitely want to teach you about pure price action supply to man but if you guys are interested in learning exact I mean to the to the tea guys everything you need to know is offered in our course whether it be I mean we're talking about exact entry points exact stop targets one two and three on every single hundred percent of our trades we have exact entry stops and targets okay so there's no again no subjectivity zero percent all all determined for us so very nice there all right so how do we determine the exact order price when the zones let's see here that and again that's one of those questions that we'll address in our in our course okay so we'll talk about a lot of that in our course guys and again a free trial happy to get you in there we'll talk about all of that alright and same thing with that Pat will definitely describe the difference in support and resistance with supply to manna because it's huge right I mean it's absolutely huge and I'll just point out one thing quickly before we move on from this you know this is an area of what's previous support became resistance right okay so as we come back to this area and to revisiting it this is an entire area of resistance right these lows right here what they were once support okay but then they became resistance after were violating them through so very different all right thanks for all the great questions guys all right thanks or thanks for all the great questions absolutely let's let's get out to another topic before we get towards the end of the session all right we talked about trend versus counter trend trend trading we can look to the smaller timeframes and we can apply our supply demand methods on a smaller time frame alright only in the direction that we are heading in other words if we're in a in a downtrend on an hourly chart then we can look at playing our areas of supply on a 15-minute chart smaller time frame you get more trading opportunities okay alright so counter trend trades we're only going to look to the to the larger time frame if we're looking to counter trend on and today we're gonna look at 60 minute time frame and say hey you know give us the opportunity right yeah absolutely all right so we've covered quite a bit guys I'm gonna try we got about 15 min it looks like here I'm going to I'll take a look at a couple of other markets here I'm trying to see what I know a lot of people probably trade the euro alright and there we have the same situation alright limit shorts out of our major areas of supply here it is again ok alright so we're basically looking at it will address this quickly our PFA zoning we just we're not gonna you know not here to try and sell anyone anything if you like what we have what we offer that that's wonderful if not that's ok too we just hope that we can educate you and help you in any possible way along with the guys at trader Kingdom who are you know so awesome to have done this for for everyone ok so by but the PFA zoning guys we can plot supply demand on a price chart automatically and we talked about this a little bit but that's exactly what we're doing here so we're looking at sell and buys ok and it's it's really that simple okay we don't want to over complicate it just like everything else we're looking at by Long's and sell shorts all right and we're not gonna dive into which ones we look to take because that is covered in our course as well alright so we covered that guys I'm trying to think if there's anything that I'm missing here we got the multiple markets Oh multiple time frames we won't want to look at multiple time frames why don't we want to do this why would we ever want to go out and look at multiple time frames confusing right could confuse us we don't need to confuse our trading anymore however as we mentioned before what you see on a 60-minute chart is gonna look very very different from what you see on a daily chart right so notice we are up in two areas of supply so short the market but what are you gonna see on a daily chart okay could look completely different alright and just so you guys know we wanted to show you that the zoning works on multiple markets multiple time frames and so on and so forth ok so we are back into an area of supply alright as a swing and position trader you guys want to look to the larger timeframes ok you want to be aware of what's going on in the monthly the weekly and down to the daily okay as a position trader and as a swing trader you definitely need to be aware of the weekly the daily down to an hourly chart all right absolutely now for intraday you're gonna drop those three time frames even more you're gonna go daily 60 and pick either the 15 or the 5 okay you choose one of those all right let's see here I do have several questions coming through I'll finish up with the multiple time frame and then I'll try to address questions the last 10 minutes or so of class all right guys so the last thing we were talking about some multiple time frames being aware in the larger time frame go back and review the recording that they're they're doing here for you and you'll real review the slides now it'll make more sense because we talked about it we said there were questions that you wanted to ask yourself are you budding your head up against supply in the major time frames okay well if we're an intraday trader we're on a daily chart and we're back into a major area of supply do we want to think about getting along the market no right no absolutely not we want to think about the opposing right yeah we want to start thinking about where to become a seller in the market okay then we drop it down and so on and so forth without diving too much into our methodology I think that's pretty sufficient for today as far as what supply my demand is guys I thank you for being here so very much what I'm gonna do now is just do us a quick QA here for about 10 minutes and then we are going to end the session turn it back over to Josh and the guys there at trader Kingdom and we'll move forward from there so let's see if you guys have some questions just feel free to go ahead and type them I'll try to get as many of them as I possibly can all right let's see we did talk about that no mic actually I don't okay so a good question here so is asking if I trade off a 60 minute chart that I must have large stop losses all right no actually I don't that oddly enough that the largest that we all we go out is three points on the S&P okay so that to give you an idea there but trust me guys if you're trading supply-demand don't expect and you know I implore you not to go out expecting to take a for tick stop okay okay it's extremely unrealistic in the markets the Evan flow of the markets it's just not realistic to think that you can go out and risk of a micro trip eight and get you know large gains off of that however we can absolutely look at this on a smaller time frame let's go out and look at a trading opportunity from today on the S&P so if we can draw this may take all right there we go all right so if we're here we are in a five-minute chart here guys so what we had was a buying opportunity earlier in the day sorry guys a little alarm going off there okay so we've actually had multiple trading opportunities today alright notice we form our demand we come right back into it what happens huge turn away right what about when we come back into this demand right great move away and over and over and over again guys we do this all day long so you know it just is a methodology that that you know is very easy to follow we're not gonna dive into the exact you know entries and so on but but yeah a couple of great trades here now you're looking at literally doing this on the smaller time frame you're looking at two ticks of risk there that's that's very small okay same here you got about two ticks of risk in that trade the wheat the reason that we can do this is because you have limit orders and you know it in advance that's the key to it guys okay trust me it's the key to to the consistent method that we've we found is knowing it before it ever happens and if you have the ability to do that then you're so far advanced right yeah I mean you you're putting yourself ahead of the competition obviously because otherwise you're just following current price and then you might as well be a lagging indicator all right so what we do very different from from what you know lagging indicators are so I could absolutely go in and plot I guarantee you I could plot a Bollinger Band or stochastic soar RSI or you give me an indicator and I'm pretty sure that I can I can plot it on there and we're gonna be oversold here okay I'm pretty sure of it guys we'll be oversold down here as a matter of fact let's go out and and let's let's see if we are all right let's let's just add a Bollinger here see if we can get that on the price chart all right there it is guys okay proof is in the pudding did any of us need to know that this indicator was going to tell us that we were oversold here no because we knew it before the indicator did right that's the whole point if you know what's going to happen before it happens then you have the ability to be on the pro side of the trade okay so let's get rid of this I really don't like our charts to be messy I like a very clean chart we have our expansion dots here we simply use these for trailing stops but outside of that we're just looking at pure price action all right so yeah there you go Mike so hopefully that answers your question if you want smaller stops you simply trade on the smaller time frame and we utilize the trend of it all right that's it one thing that I'll show you guys quickly here is we've we actually have everything done for you I mean literally we have 0% subjectivity so what we have here if if is here here's our statement if we're into a sell zone okay and we're trending and our bars are red okay so we color-coded this to know which trades to take and which ones not to so for example here's our I'm sorry guys I think I was looking at the wrong chart moments ago yeah I believe I was there okay here we go here's the SP 5-minute and yes you can see we open up that chart alright and there's our buying opportunity okay we form demand we left it came right back to it for a buying opportunity and then so if you're on a 5-minute chart you know again you're looking from the 60 for 3/4 all the way up to the 65 3/4 so for ticks ok for you got a point and then you go well in favor okay so but we don't want to we're not here to dive into numbers that's not what we're about it's irrelevant about the the you know finances or the numbers anything like that at this point we just want to simply educate you guys if you want to dive into that you know I really recommend getting into the course because that's where we'll talk about that moving forward great questions great questions absolutely all right guys let's see so is this is it it's just price based or volume well well it's a lot of things actually yeah there there's many many algorithms at work here okay so we've created our own logic to do all of this work for us yeah so it actually takes all of that into consideration and before I'm assuming that you're talking about the PFA zoning yeah and so it does take everything into consideration before plotting absolutely good question all right okay guys I will do that cool oh sure I'm happy to take a look at crude it's a very good market to trade by the way guys crude oil very nice okay I don't know does it does it work though let's go out and find out okay let's go out and find out so what we're looking for are key areas again of supply demand you notice that we have some opportunities but they don't take place because our bars are not the right color so what we're looking for let's look on the larger time frame all right so there we go there we have it there's an opportunity that we had right here okay you got to be patient let it come to you if you don't get a trade then just don't take it all right but you know limit Long's trailing stops and and it looks like you would have just been removed okay yeah so now we're looking for remember color of our bars right okay all right guys so let's see so great yeah great market there to trade well I'm gonna get just a couple more questions guys before I move forward yes James the ninja an absolutely ninja trader is what we're using yeah let's see here case B we can we can it's irrelevant right doesn't really matter what our settings are because you won't be able to use it right so if you're interested in that then I'd recommend that you get into the course because that's you get to use it right unlimited access to that yeah but unless you're talking about something else but for the PFA zoning it kind of what's the point in telling you about it right if you can't use it type of thing sorry about that okay let's see continuing on I don't know Chad I'm assuming that maybe Josh those guys can help you with those questions about the recordings yeah yeah great thanks James Hey look man I really appreciate it you know he's pointing out that it's a really good presentation I just want to say thanks man I mean it you know this is what we do every day that we simplified our trading guys oh boy life just changed right we began to think sorry about that okay let's see continuing on I don't know Chad I'm assuming that maybe Josh those guys can help you with those questions about the recordings yeah yeah great thanks James Hey look man I really appreciate it you know he's pointing out that it's a really good presentation I just want to say thanks man I mean it you know this is what we do every day we come in and we're gonna talk about in the course you know we're actually talking about trades and play and you know we're in other words we're placing trades we're gonna we're talking about limit Long's from exact entry points and so on but but yeah this is what we do I mean there's no reason to complicate anything and we really enjoy it and you know the day that we simplified our trading guys our life just changed right we began to have many things to we realized at that point that wait a minute you mean to tell me that I can actually go out to lunch today I mean I can leave a trade on and and go enjoy my day actually be able to enjoy life that doesn't seem right does it but we definitely can and thank you hey will we have another will in the class thank you we'll certainly appreciate that those kind words as well excellent presentation he says thank you so much certainly do appreciate that guys Pat is asking the question these are Scout are these scalps but basically yeah I would define that yeah definitely because on the smaller time frame if you're looking at that that would be more scalping the markets sure yeah which is you know it's not something you know that we're huge on guys I'm just gonna be straightforward with you we look to the larger timeframes because we've been doing this long enough to know that there's no reason to go in and over trade and furthermore guys how much do you want to pay in commissions ask yourself that because if you can if you can go in and trade less but you know I don't know you you you ask ask yourself the question I don't know how much you guys paying commissions and all that but it's just something that you might want to think about okay the opportunities reside on every time frame you can go all the way down to a one-minute chart we don't recommend it but you can alright thanks guys but several other people pointing out they they enjoy the session so so appreciative mmm rush heed the the cost of the course go ahead and visit us at pure financial Academy com via the link on the left side all the information there what you're gonna do as a matter of fact guys bear with me just one second here okay I'll bring this over what you're gonna do here is this is the website that you'll be reviewing and you'll notice that there's plenty plenty of information to get you guys started here but notice there's a get started now button ok so what you want to do is just go out and review that and it basically has all of our courses all the information that you could possibly need is there so I would recommend going out and just taking a look at that and so hopefully that answers your question I see I have a couple of people asking that the same question as well so so thanks so much guys hmm yeah Scott we do we trade currency futures you name it right we trade it pretty much we have you know we can look at the Canadian dollar we can look at the Euro we look at the British Pound okay so what we're looking for is limit shorts okay looking for limit shorts limit Long's all right guys over and over and over again no kidding right this is just what we do all day long okay so it's the beauty and simplicity all right okay guys thank you all I see there's a few more people posting nice very nice comments and guys again I can't thank you enough all right can't thank you enough yeah Chad we do call out trades in the trading room every day okay guys without further ado I really enjoyed this hopefully we can get back in here in the near future you know maybe do a little bit more education I want to say thank you so much to josh Paul you know all these guys that trader Kingdom for allowing us to come in I want to thank them for posting our content and most importantly for providing you guys with the content that they do I mean it's free fantastic that we someone out there actually doing this for free all right pretty amazing and all of you guys thanks so much it's late in the day I appreciate you taking the time out and hopefully you learn something and we look forward to seeing some of you in the course if you like what you what you heard and hey guys look it's all about learning it's not we're not here trying to sell you anything we just want you to learn and if you're interested if you love what you see then you know then we can get you on board for the learning curve all right so god bless every single one of you enjoy the rest of your day I'm going to turn it back over you now Josh all right thanks very much we'll obviously there were a lot of questions coming in there we appreciate you going through all of them and helping all the people out I did want to just remind everyone again the session was recorded and an email will be going out tomorrow with a link to the recording you guys also should check out the free 7-day trial that will and the guys at pure financial Academy have posted it's a great opportunity to continue to learn more about supply and demand and what we'll offers but that should do it for us here today hopefully everyone enjoyed the session and hopefully we will see you all back here for another upcoming webinar in the coming days and weeks with trader Kingdom but until that point in time hope you guys have a great rest of the evening and take care

Channel: andre vieira

Views: 15,881

Rating: 4.8253274 out of 5

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Id: 6R6kZCTTEvY

Length: 60min 42sec (3642 seconds)

Published: Sat Sep 27 2014