The last two years have been a roller coaster ride in trying to figure out supply and demand trading because it was something I believed very strongly. I’ve done couple of courses out there in the internet to understand this and also gone thought all of Sam Seiden’s videos on youtube multiple times. Online Trading Academy’s course was too expensive me to follow but I think I managed to understand what Sam Seiden is saying and what is not said by any of the other Supply and Demand Traders out there.
I will simply put it like this. What we call as a zone is a candle with 50% of the body which is what we usually call as a basing. For a typical supply and demand trader all they need is one 50% candle in their basing. But for Sam he needs at-least 3 candles. What he says is if we consider zones which are having only one candle within the zone then there are zones everywhere.
Understanding this was a huge wake up call for me. Because what we are actually trading is ‘accumulation’ and ‘distribution’ zones which are talked in Wycoff theory. If anyone is interested in knowing more about this or wants to add something to it or disagree with me please share your opinions. I would like to discuss this even further.
