Regarding Supply Demand we use 2 different types and approaches:
1st is explained best by Sam Seiden and we call it Sam Seiden's supply demand. For more info on Sam Seiden's methodology check here -> Supply & Demand - by Sam Seiden
2nd is to draw supply demand levels (lines) on the higher timeframe than currently traded timeframe. If you find your 121 pattern on M15, check the H1, H4, D1. Examples will be provided soon.
Last edited by Admin; 08-08-2012 at 01:53 PM. Reason: Confirmation Techniques for the 121 pattern: Supply & Demand - Updated