In this video we look at a simple example of supply and demand and in this case distribution on a fast timeframe. Distribution and accumulation phases of price action occur in all timeframes and are of course closely associated with support and resistance, as these regions are generally characterised by sideways price action which is often spiky and volatile and indicative of the effort required to buy and sell when a market is weak and about to reverse. In addition, when considering supply and demand areas, we also have other factors to consider such as the order boards, option expiries, and volume associated regions which we see on such indicators as the volume point of control. All play their part in defining these areas which can be seen from the 1 minute to the 1 month chart, and signifying those areas where the market makers and insiders are selling when everyone is buying and buying when everyone esle is selling.

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