Candlestick Charts: How to Read Supply & Demand Zones (Ultimate Beginners Guide)

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  • Опубліковано 31 тра 2024
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КОМЕНТАРІ • 63

  • @DaytradeWarrior
    @DaytradeWarrior  18 днів тому +6

    DOWNLOAD MY SMALL ACCOUNT STRATEGY PDF HERE: 🍏 warrior.app/2024-small-account-strategy

    • @johnsmith-tu9ii
      @johnsmith-tu9ii 15 днів тому

      Hey Ross, Do you tweak your Macd or do you leave the Fast, Slow, and Macd length at the default level? If you do tweak it what numbers do you use.

  • @marieweeks3732
    @marieweeks3732 15 днів тому +7

    Thank you for so many helpful videos. I just started trading in March and watch hours and hours of your UA-cam. You have really helped sooo many people I’m sure. I teaching my daughter in college and hope to get her enrolled in your class this summer. I consider you my mentor ! Your methods work.

  • @michaelhall982
    @michaelhall982 15 днів тому +23

    I bought LSDI today at $2.10 and sold at $2.30 premarket. I'm green 4 days in a row. Ross says to target 10-15 cents. I got 20 cents today. Yea! Thanks Ross! Good video too.

    • @JBTrapper93
      @JBTrapper93 15 днів тому

      I did the same today. Hit $1.55 sold at $1.75 and then $1.96 and sold at $2.15

    • @MyDogmatix
      @MyDogmatix 15 днів тому +1

      What’s your position on that, and how long was your trade for , minutes?…seconds? Can you set it up as an automatic sale? 😊

    • @Benjuminz
      @Benjuminz 13 днів тому

      Do you have a Pattern Day Trading limit on your brokerage account? I wish I could do more than 3 trades a week :/

    • @michaelhall982
      @michaelhall982 13 днів тому

      @@Benjuminz I do. I have $50 in a Robinhood account. I have $50 in an Interactive Broker account too. Just get 2 or 3 brokerage accounts.

    • @michaelhall982
      @michaelhall982 13 днів тому +1

      @@MyDogmatix So Ross says wait for it to go up 10-15 cents and sell. So I try to sell in about 10-22 seconds. I try to find a stock going up, jump on the band wagon for 22 seconds and get out. You do that 10-20 times, you double your money. Imagine doubling your money 6 times.

  • @DynamikSolutionz
    @DynamikSolutionz 15 днів тому +2

    Respect from Canada ! I love your videos, you are brilliant. I really appreciate the thorough, and direct method of instruction. You explain things in such detail that I actually get to fully understand the concepts you teach. Most others are more about getting viewers and being camera friendly than actually explaining things properly like you do. Thank You ! I look forward to your videos every day 😄

  • @onelovemon1784
    @onelovemon1784 11 днів тому

    Recently read your book, joined channel, thanks. You are a human helper

  • @dustynn.9030
    @dustynn.9030 15 днів тому +2

    When the price is falling I have weaker theory in pull backs, until support is already in play, but you summed it up beautifully by saying to look for whole and half dollar anchors on pull backs.
    I've never heard that said before. I'm always thinking candlesticks or M.A. or level 2.
    Silly because it's simple yet never dawned on me.
    It is tremendous advice and incredibly powerful.
    Thank you Ross, have a great day.

  • @matthewmathis62
    @matthewmathis62 15 днів тому +1

    Ross, I have never seen you make videos this good before.
    These are awesome!
    And such a great help!
    Thank you!

  • @TokamakPolywell
    @TokamakPolywell 15 днів тому +1

    I'd take a round bottom over a flat bottom every time---cause the bounce is better 8).

  • @rajaramyadav3121
    @rajaramyadav3121 15 днів тому

    Seeing Revux as a long-term hold with great fundamentals!

  • @shtork100
    @shtork100 15 днів тому

    Thank you Ross, that's will help to understand a few important factors. Many thanks for sharing your experience with us.

  • @AlbertHoffman-mb6tv
    @AlbertHoffman-mb6tv 15 днів тому +7

    Hit the thumbs u guys!!!

  • @onelovemon1784
    @onelovemon1784 2 дні тому

    Fantastic examples

  • @funfastcars4186
    @funfastcars4186 15 днів тому

    Great info! Always love learning new ways to help manage risk and take better trade positions.

  • @momstheword11
    @momstheword11 15 днів тому

    Thanks Ross, informative and easy to understand, as always!

  • @dillonharper1308
    @dillonharper1308 15 днів тому

    hey ross. i'm a few days into your 2 week trial. very pleased with your platform. thanks for letting us beginners try it out! it's been a very inclusive learning experience.

  • @MrCanada4evr
    @MrCanada4evr 15 днів тому +1

    Nice vid as always, Ross!

  • @GoldenEagle7
    @GoldenEagle7 15 днів тому

    Very value info !!!!! Thank you so much Ross !!!!!!!!!!

  • @suestoos8929
    @suestoos8929 15 днів тому

    This was so helpful!! I struggled on trend lines and this will make a huge difference. Thank you!!

  • @HarleyMontalbano-ek5lq
    @HarleyMontalbano-ek5lq 12 днів тому

    What is the psychology behind resistance levels becoming areas of support after they’re broken?

  • @frzanfaraydon
    @frzanfaraydon 15 днів тому

    Great video, as always

  • @alexanderdavidwilliamsalva4426
    @alexanderdavidwilliamsalva4426 15 днів тому

    Ross, thanks! Wonderful video full of great information - as usual.😜

  • @bryan77727
    @bryan77727 13 днів тому

    Thank you Ross

  • @smilecouplefuchs
    @smilecouplefuchs 14 днів тому

    I am profitable for the first time in a long while because of your help with charting and how to trade momentum!

  • @VenkatVenkat-fp9in
    @VenkatVenkat-fp9in 15 днів тому

    The security features of Revux set it apart from others.

  • @AkKashyap-ox7mx
    @AkKashyap-ox7mx 15 днів тому

    Revux making moves quietly - keep an eye on it!

  • @SawaranSingh-qv8kq
    @SawaranSingh-qv8kq 15 днів тому

    Revux technology is ahead of its time. This will be huge!

  • @user-eu6nq7se5t
    @user-eu6nq7se5t 15 днів тому

    Thanks

  • @adatshhc
    @adatshhc 13 днів тому +1

    Support/resistance and Supply/Demand are different things and are not interchangeable terms.

  • @TonyO-ov6yx
    @TonyO-ov6yx 14 днів тому

    Hi Ross love your videos! have a question as I am watching this video and you commented using the 200 ema with your "daily chart". What is the length of time settings you use for your daily chart with the 200 ema in this example in the video.

  • @haroonrafizada405
    @haroonrafizada405 11 днів тому

    Does Support and Resistance take priority over the MACD, EMAs, or volume while entering or exiting a trade?

  • @mahmudmuhammad-gr1fn
    @mahmudmuhammad-gr1fn 14 днів тому

    Which broker can you recommend?❤️❤️❤️

  • @Nicolasaaaa
    @Nicolasaaaa 15 днів тому

    Hey Ross! When you talk about a price holding above a certain price. How long does it need to hold for it to show strength? 😊

  • @fourcorners-everythingsrea3194
    @fourcorners-everythingsrea3194 14 днів тому

    Peace Ross!! Hope your having a good day. I have a small question. What are you feeling towards 4X and you think I'd be strategies and indicators apply in the forex world of trading.

  • @AjadBarla
    @AjadBarla 15 днів тому

    For a solid x100, Revux should be on your radar!

  • @BlockstreetNews
    @BlockstreetNews 13 днів тому

    That Fendi Hoodie Though

  • @CezarPalaghioi
    @CezarPalaghioi 13 днів тому

    How do you get your entry and exist...?

  • @asmitkumarsingh8417
    @asmitkumarsingh8417 15 днів тому

    Recent updates show Revux is serious about success.

  • @midnightsxtc
    @midnightsxtc 15 днів тому

    10:49 12:17 12:53 16:20

  • @keynermolina1616
    @keynermolina1616 14 днів тому

    🐐

  • @ElaishRahman
    @ElaishRahman 15 днів тому

    Learning more about Revux makes me even more bullish.

  • @alphaTrader.oo1
    @alphaTrader.oo1 13 днів тому

    📝 Ok

  • @Baalbergen1
    @Baalbergen1 15 днів тому +1

    For the algo!!!

  • @daviec8529
    @daviec8529 15 днів тому

    Just like in Bookmap

  • @luckylane1970
    @luckylane1970 15 днів тому +1

    I am having a difficult time finding a platform that shows the volume below the candlesticks for practice. Any clue on one that I can use for now that isn't yours which is fantastic but Im limited on funds to practice. Thanks for going into depth on this.

    • @HydratedChampion
      @HydratedChampion 15 днів тому

      I think webull’s simulator does that

    • @TheKnut
      @TheKnut 15 днів тому +1

      TradeZero, but market data is delayed by 15 minutes

    • @NuclearTrading
      @NuclearTrading 15 днів тому

      ThinkorSwim with Charles Schwab

    • @FishHawk1
      @FishHawk1 15 днів тому

      Tradestation

    • @blakemcnabb8006
      @blakemcnabb8006 15 днів тому +1

      Webull is good for sim.

  • @Cytho0_0
    @Cytho0_0 15 днів тому +2

    I like your Sweater