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question on Supply?Demand method

  #7 (permalink)

Thessaloniki
 
 
Posts: 26 since Jun 2010
Thanks: 3 given, 1 received

Thank you guys.

@choke35

I am sorry, could you clarify what you mean by "market profile" and "volume profile"? Do you mean the DOM (https://futures.io/articles/trading/DOM)

Regarding this statement:
"A great place of demand is located where price abruptly rose, with big long bullish candles"

I am happy you dissagree because I also found it weird. Please help me out however. I did read in several places that a very good indicator of great demand is the big bullish candles right after it. Maybe I am missing some element. Could somebody explain how to spot a place of great demand, so later I can place buy orders, when the price approaches that level?

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