Forex trader’s guide to supply and demand to trade – At the most basic level, price moves due to supply and demand imbalances in the market at any given time. Once you are able to grasp this concept, you can view trading from a logical lens.
Supply and demand zones offer one of the best ways to trade the market – clear and objective.
Today we will discuss supply and demand trading strategies in Forex.
We will learn the secret tips for Supply and Demand Forex trading.
- Good supply zones are somewhat narrow and do not hold too long. A shorter accumulation zone works better for finding re-entries during pullbacks that are aimed at picking up open interest.
- Strong force leaving the zone. The stronger the breakout, the better the demand zone and the more open interest will usually still exist – especially when the time spent at the accumulation was relatively short.
- Fresh Supply and Demand Zones.
This is a term we see getting thrown around trading forums a lot! Is the zone fresh?
When choosing a zone, one of the most important factors to take into account is whether the zone is at a “FRESH” level. The greater the number of times a zone is tested, the more likely it is to break. A fresh zone that has not yet been tested will offer the highest probability of a bounce.
When it comes to profit placement, supply and demand zones can be a great tool as well.
Always place your profit target ahead of a zone so that you don’t risk giving back all your profits when the open interest in that zone is filled.
For stops, you want to set your order outside the zones to avoid premature stop runs and squeezes.
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Please I need supply and demand could you please send it in my email
Please I need supply and demand, could you kindly send it to my email