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Flashcards in Plotting Supply & Demand Zones Deck (30)
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1

What indicator give us highest probability to repeat.

Fast arrival, Little time spent basing, Fast departure

2

Each zone lets us know upcoming ___ ____ for trading.

Price Puts

3

Based on the zone we can setup ___, ____, or ____.

entry, stop, or target

4

When illustrating our zones we want to be ___ of supply & ___ of demand

High & Low

5

When illustrating the height of a demand zone where do we start and finish?

lowest point (including wick) to top of body (not including wick)

6

When illustrating the height of supply zone where do we start and finish?

highest point (including wick) to bottom of body (not including wick)

7

The closer price get to origin zone the ____ probability that formation will repeat the origin pattern.

Higher

8

What timeframe is where major sways happen?

Monthly

9

Once zones are violated its no longer valid. True or False

True

10

What does violate mean?

Pass through zone

11

What does broken mean?

Wick or body crosses the zone line

12

What does the continuation pattern drop-base-drop allow us to do?

Find supply

13

What does the continuation pattern rally-base-rally allow us to do?

Find demand

14

What does the (peak) reversal pattern rally-base-drop allow us to do?

Find supply

15

What does the (valley) reversal pattern drop-base-rally allow us to do?

Find demand

16

How many types of zones and name them?

Origin, Fresh, Original

17

If zone is not violated it is still fresh. True or False

True

18

Fresh levels are done if price hit fresh zone. True or False

True

19

Uptrends we look for ______.

Demand

20

Downtrends we look for _____.

Supply

21

_____ zones are typically behind the ____ origin.

Supply, Demand

22

Which timeframe do we typically find the origin zones?

Monthly timeframe

23

Which timeframe do we typically find the in between zones (Original, Fresh)?

Weekly, daily, or hourly timeframe

24

Further from the origin is higher probability that it will repeat. True or False

False - Closer & Lower

25

What does probability one signify?

Formation

26

What are we looking for when close to point of origin or further away?

Probability 2

27

What are we looking for when looking for how fast or slow a price return to a zone?

Probability 3

28

Origin zones are only with reversals. True or False

True

29

Original zones are only with continuation. True or False

True

30

Every zone will breakthrough after 3rd test. True or False

True