Qualifying Areas of Supply-Demand Q1 - Q3 (Origination, Departure, Arrival) Flashcards
Is the price moving up or down? Are we near __ of the move? Which qualifying question does this fall under.
Original Point - Q1 Origination
The Demand Zone Origin will be the lowest price formed before moving up and possibly creating_____?
(Uptrend) - Q1 Origination
The Supply Zone Origin will be the highest price formed before moving down and possibly creating a ______?
(Downtrend) - Q1 Origination
The closer we are to the origin the probability becomes lower for the levels. True or False
False - (Higher) Q1 Origination
If price is near the origin demand zone that means the probability is higher for that demand zone to reverse and go up. True or False
True - Q1 Origination
We use history to determine the probability of supply + demand zones to repeat. True or False
True - Q1 Origination
Which qualifying question is……did price quickly or slowly move away from the level in question.
Q2 - Departure of a level
How fast a price leaves an area determines the __ or __ of price in that area.
Strength or Weakness (Q2 - Departure of a level)
What is the speed of price if the price moves away vertically?
Fast (Q2 - Departure of a level)
What is the speed of price if it moves away horizontally and what qualifying question does it fall under?
Slow order flow is being consumed (Q2 - Departure of a level)
The faster price leaves a level the ___ probability price will repeat history.
Higher (Q2 - Departure of a level)
If the price leaves very quickly that proves that the order flow resides at that price level. True or False
True (Q2 - Departure of a level)
If the price leaves very slowly that proves that the order flow is being consolidated and no longer resides at that price level. True or False
True (Q2 - Departure of a level)
Which qualifier defines price moving into a level (zone or res/sup lines) fast or slow?
Q3 - Arrival of a level
What does the departure of zone signal about that zone?
Strength/Weakness (Q3 - Arrival of a level)