Supply and demand zones

[frandlost]

@thegrumpytrader ,

Use the search bar above for threads on supply and demand. You will get a boat load of great intell. Gold, Jerry! Gold!

That's gold, Jerry! Gold!

This thread helped me a lot.

Understanding supply and demand

[image] What engulfers tell us about price action is in this case price found buyers and attempted to move higher. When those buy orders started to run out and we saw more sell orders appear our nearest up bar is engulfed by a down bar - price closes lower. Simply because the buy orders were exhausted making price move lower to find the next pocket of buyers.

Good luck,

KC