Day Trader’s Aftermarket Lounge 17 Nov 2020, page-93

Thanks @Patterns

This makes perfect sense, and I will continue to endeavor trying to comprehend supply and demand... I am truly trying

Do you have a simple formula for determining S/D for example, a ST trade? I am focusing more ST now rather than DT...

I.e, as just an example, where would you see supply and demand for EMN for a ST/MT/LT trade (ie, the best entry price)?

Based on what I have learnt, (mind you, only my Support and Resistance training), I see support at 33 but second support at 27 which is where I am looking for entry (27)



When looking for your demand levels, would you prefer to look at the hourly / daily/ weekly for ST/MT trades? This is partially where I get confused, what time frame to use hahaha

If only I could always determine wholesale prices and sell at retail prices (supply), I could be making good $$$ as I am sure you are doing

I look forward to learning more in the coming weeks / months

Cheers