Ever wondered how to trade stocks without using any kind of indicators, fundamental analysis or volume analysis? You don’t need any special tools to learn how to trade stocks.
As a beginner, it shouldn’t be that difficult to place a high probability trade on stocks, you don’t need a university career either. When trading stocks using a supply and demand strategy, you don’t need to pay attention to anything else but price action and the strength of the imbalance.
On Comcast Corp american stock #CMCSA we have a clear monthly uptrend with new demand levels being created while breaking all time highs. In an uptrend with demand levels being created and respected, no shorts are allowed, only buying the underlying stock at new demand imbalances.
This is a longer term analysis for Comcast Corp, you can use lower timeframes to take a trade on this stock. By taking into consideration the long term big picture trend, we will be adding more odds when buying Comcast.
Two monthly demand imbalances have been created around $42 and $36 per share, price did not retrace to strong demand level at $36 but it did retrace to the imbalance at $42.
This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.
Trading supply and demand imbalances is ideal for beginners and those with a full or half time job, you won’t need to stay in front of the computer all day long trying to move price action with your mind.
As supply and demand stock traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and reacts strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.
Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements.
You can use these imbalances to plan your stock trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.
If you want to learn how to trade stocks using our supply and demand trading strategy, join our supply and demand trading course.
There are several ways of buying stocks and futures. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads. You can even buy a CFD (contracts for difference) if you are in a country where it’s allowed.
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