Masterclass 002

In this episode of the Masterclass with Team Wolves podcast, hosts Mr. Banks and No Risk No Premium delve into the concepts of support, resistance, supply, and demand in trading. They explain how these elements influence market movements and how traders can identify key price points for optimal risk-reward ratios. The hosts discuss the dynamics of supply and demand, emphasizing the role of "smart money" or institutional investors, and provide examples using Amazon and SPY charts. They also cover trend lines, moving averages, Fibonacci sequences, and support/resistance flips, and analyze recent market activity, offering practical advice and strategies for both new and experienced traders.