Finding High Quality Turning Points - Brandon Wendell



View full webinar: http://www.fxstreet.com/webinars/sessions/session.aspx?id=88f51a3a-7033-4d47-8e06-64195af38421 Expert: Brandon Wendell, CMT, Senior Instructor and Trader Mentor at Online Trading Academy Summary: Brandon will be discussing how he identifies entry and exit points on multiple timeframes when trading the forex markets. He will examine how to locate and judge the quality of the zones before taking a trade.

Comments

  1. At this point in time I'm only trying to be very careful because without the Basic knowledge, it's as good as bad.
  2. The demand zone you drew beginning at 3:00, is not the true demand zone. While there is demand there, the more accurate location to place the demand zone would be the large wick of the big up candle to the left ... and that large wick most likely was just an attempt to get unfilled orders on the exchange from another more significant demand area not shown on your chart.
  3. In the first third of the video as Brandon draws the demand zone, to feel like you'd want to BUY when price quickly returns to that demand level, you would be in a serious stage 4 downtrend. Going LONG there would be a serious countertrend trade. I don't get it.
  4. Since we are talking about forex market where the buyers are in both the directions, does this concept apply to selling zone too?
  5. +RobotFx This is not the case. The case we or every good supply and demand trader mark the inner marking for upper demand boundaries and outermost for the low of that demand zones and specially when You face panic selling price usually pick buy orders from the base or from the origin of the move, But there are lot of other ways that price fake strong demand to find better place to pick orders from and that is why I always recommend to buy low and sell high.

    Hope it helps
  6. 5:14 minutes. Basic support range/zone.
  7. "buy when the price is to high, sell when the price is to low" - I think you might have got that wrong :)
    ... or maybe I understood wrong... somewhere in the end.
  8. finally the info I been looking for. !!!!!!supply and demand nothing more or nothing less!!!!!!.
    when I was introduced to trading I was shown a bunch of indicators, shortly after I recall thinking to my self "HOW DID THEY TRADE BEFORE INDICATORS. this has answered that fundamental question. for every sellor there is a buyer ; until that point in time when it's not, and there ly the opportunity
  9. finally the info I been looking for. !!!!!!supply and demand nothing more or nothing less!!!!!!.
    when I was introduced to trading I was shown a bunch of indicators, shortly after I recall thinking to my self "HOW DID THEY TRADE BEFORE INDICATORS. this has answered that fundamental question. for every sellor there is a buyer ; until that point in time when it's not, and there ly the opportunity
  10. finally the info I been looking for. !!!!!!supply and demand nothing more or nothing less!!!!!!.
    when I was introduced to trading I was shown a bunch of indicators, shortly after I recall thinking to my self "HOW DID THEY TRADE BEFORE INDICATORS. this has answered that fundamental question. for every sellor there is a buyer ; until that point in time when it's not, and there ly the opportunity
  11. does it mean that one has to buy when it goes down?
  12. Great video but how can we be sure that the price is going to drop to the zone?
  13. Great video and good info  thanks
  14. great video but the video is not playing on fxstreet ,please look into thhis


Additional Information:

Visibility: 53261

Duration: 9m 41s

Rating: 316