In this episode, Mr. Banks provides a trade recap focusing on intraday supply and demand trading strategies using smaller timeframes. He reviews a Tesla call and a SPY call, both yielding over 200% returns. Mr. Banks explains how to identify supply and demand zones by looking for imbalances between buyers and sellers followed by significant price movements, and how to draw these zones on a two-minute timeframe, though he notes that a five-minute timeframe is also acceptable. He emphasizes understanding price action within these zones, such as accumulation and the strength of pullbacks, to determine potential trading opportunities, also advocating for using zones as stop-loss levels to avoid premature exits.
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