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

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  • Опубликовано: 17 июн 2024
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Комментарии • 63

  • @DaytradeWarrior
    @DaytradeWarrior  Месяц назад +6

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

    • @johnsmith-tu9ii
      @johnsmith-tu9ii Месяц назад

      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.

  • @michaelhall982
    @michaelhall982 Месяц назад +25

    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 Месяц назад

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

    • @MyDogmatix
      @MyDogmatix Месяц назад +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 Месяц назад

      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 Месяц назад

      @@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 Месяц назад +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.

  • @marieweeks3732
    @marieweeks3732 Месяц назад +8

    Thank you for so many helpful videos. I just started trading in March and watch hours and hours of your RUclips. 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.

  • @matthewmathis62
    @matthewmathis62 Месяц назад +1

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

  • @DynamikSolutionz
    @DynamikSolutionz Месяц назад +3

    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 😄

  • @ArcGlowingVision
    @ArcGlowingVision Месяц назад +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.

  • @funfastcars4186
    @funfastcars4186 Месяц назад

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

  • @dillonharper1308
    @dillonharper1308 Месяц назад

    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.

  • @suestoos8929
    @suestoos8929 Месяц назад

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

  • @momstheword11
    @momstheword11 Месяц назад

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

  • @shtork100
    @shtork100 Месяц назад

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

  • @onelovemon1784
    @onelovemon1784 28 дней назад

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

  • @alexanderdavidwilliamsalva4426
    @alexanderdavidwilliamsalva4426 Месяц назад

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

  • @AlbertHoffman-mb6tv
    @AlbertHoffman-mb6tv Месяц назад +7

    Hit the thumbs u guys!!!

  • @GoldenEagle7
    @GoldenEagle7 Месяц назад

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

  • @onelovemon1784
    @onelovemon1784 19 дней назад

    Fantastic examples

  • @rajaramyadav3121
    @rajaramyadav3121 Месяц назад

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

  • @bryan77727
    @bryan77727 Месяц назад

    Thank you Ross

  • @user-eu6nq7se5t
    @user-eu6nq7se5t Месяц назад

    Thanks

  • @TokamakPolywell
    @TokamakPolywell Месяц назад +1

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

  • @TonyO-ov6yx
    @TonyO-ov6yx Месяц назад

    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.

  • @smilecouplefuchs
    @smilecouplefuchs Месяц назад

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

  • @Nicolasaaaa
    @Nicolasaaaa Месяц назад

    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? 😊

  • @SawaranSingh-qv8kq
    @SawaranSingh-qv8kq Месяц назад

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

  • @BlockstreetNews
    @BlockstreetNews Месяц назад

    That Fendi Hoodie Though

  • @AjadBarla
    @AjadBarla Месяц назад

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

  • @MrCanada4evr
    @MrCanada4evr Месяц назад +1

    Nice vid as always, Ross!

  • @mahmudmuhammad-gr1fn
    @mahmudmuhammad-gr1fn Месяц назад

    Which broker can you recommend?❤️❤️❤️

  • @AkKashyap-ox7mx
    @AkKashyap-ox7mx Месяц назад

    Revux making moves quietly - keep an eye on it!

  • @VenkatVenkat-fp9in
    @VenkatVenkat-fp9in Месяц назад

    The security features of Revux set it apart from others.

  • @haroonrafizada405
    @haroonrafizada405 28 дней назад

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

  • @fourcorners-everythingsrea3194
    @fourcorners-everythingsrea3194 Месяц назад

    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.

  • @keynermolina1616
    @keynermolina1616 Месяц назад

    🐐

  • @HarleyMontalbano-ek5lq
    @HarleyMontalbano-ek5lq 29 дней назад

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

  • @CezarPalaghioi
    @CezarPalaghioi Месяц назад

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

  • @frzanfaraydon
    @frzanfaraydon Месяц назад

    Great video, as always

  • @midnightsxtc
    @midnightsxtc Месяц назад

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

  • @asmitkumarsingh8417
    @asmitkumarsingh8417 Месяц назад

    Recent updates show Revux is serious about success.

  • @adatshhc
    @adatshhc 29 дней назад +1

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

  • @daviec8529
    @daviec8529 Месяц назад +1

    Just like in Bookmap

  • @Baalbergen1
    @Baalbergen1 Месяц назад +1

    For the algo!!!

  • @alphaTrader.oo1
    @alphaTrader.oo1 29 дней назад

    📝 Ok

  • @ElaishRahman
    @ElaishRahman Месяц назад

    Learning more about Revux makes me even more bullish.

  • @luckylane1970
    @luckylane1970 Месяц назад +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 Месяц назад

      I think webull’s simulator does that

    • @TheKnut
      @TheKnut Месяц назад +1

      TradeZero, but market data is delayed by 15 minutes

    • @NuclearTrading
      @NuclearTrading Месяц назад

      ThinkorSwim with Charles Schwab

    • @FishHawk1
      @FishHawk1 Месяц назад

      Tradestation

    • @blakemcnabb8006
      @blakemcnabb8006 Месяц назад +1

      Webull is good for sim.

  • @Cytho0_0
    @Cytho0_0 Месяц назад +2

    I like your Sweater