Page 36 - Module 5 - Key_Players_in_the_financial_game
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Module 5 – Understanding the game between the bulls and bears



                      Weekly  demand  in  control  on  Apple  US  Stock.    Price  retraced  to  its  proximal  line  and  reacting.
                      Demand is in control as soon as price hits its proximal line.
                      New demand created at #2 after the trendline break gains control as soon as price retests it. No
                      shorts allowed. Supply at #1 gains control as price retests the proximal line.

























                      New demand crated at #2 after the trendline break gains control as soon as price retests it.  No
                      shorts allowed.  Supply #1 gains control as price retests the proximal line.

























                       the range
                      Let’s discuss a couple of examples of supply and demand in control in higher timeframes, what is
                      called the range.
                      Remember, for higher odds we want to buy low in the range and sell high in the range.
                      The steps you need to take:
               34.1   Decide which kind of trader you are: are you a scalper, intra-swing, intraday, or swing or position
                      trader?
               34.2   Once you know what kind of trader you are (not that easy because your mind will want to trade on
                      all timeframes, you will see SD levels on all charts, with the trend and counter-trend, you will chase
                      trades), decide which is your Range timeframe.
               34.3    Use the WK chart as the range for your swing trading. D1 can also be used.
               34.4    Use the D1 chart as the range for your intraday trading





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