High Probability Trades using Weekly Supply and Demand Zones

Chris Ward

Weekly supply and demand zones are identified to guide high probability entries on daily and lower time frames.
Rules for Entry:
1. Identify supply and demand zones on the weekly chart
2. Position Trades - Enter at the beginning of the zone with a stop at the other end of the zone. This is only appropriate when buying in the direction of the weekly trend.
3. Swing Trades - Wait for entry into the zone and then watch for a change of momentum on intraday charts. Enter only when the trend signals a change. Place stop at the end of the zone.

COHR Daily

0922 Watching for a retest of Supply

COHR Weekly

0922 Watching for a retest of Supply

DF Daily

DF Monthly

DGX Daily

DGX Weekly

DVAX Weekly

EFX Daily

1003 Hit Target. Shorted for day trade.
0921 Left Weekly demand zone. 112 area as a good target.
0919 Showing some strength. Possible bounce up to 112 area.
0914 Tradable bounce today. I was able to get 5 points of this for a quick trade.
0913 Weekly 50MA has turned over. The extreme move down is likely to bounce briefly out of the weekly demand zone.

EFX Weekly

1003 Hit Target. Shorted for day trade.
0921 Left Weekly demand zone. 112 area as a good target.
0919 Showing some strength. Possible bounce up to 112 area.
0914 Tradable bounce today. I was able to get 5 points of this for a quick trade.
0913 Weekly 50MA has turned over. The extreme move down is likely to bounce briefly out of the weekly demand zone.

EVHC Daily

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.