Supply and Demand Trading: A Forex Trader’s Guide

Post Views: 51 [ad_1] Supply and demand are the very determinants of price – any price. This applies to everything from your local farmers market, to a rare, one of a kind jewel, to the foreign exchange market. Traders that understand the dynamics of demand and supply are better equipped to understand current and future price movements in the forex market. This article covers the following talking points: Supply and demand trading explained Understanding Supply and Demand Zones 3 Tips for using supply and demand to trade forex Supply and…

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Supply and Demand vs Support and Resistance

Post Views: 94 [ad_1] Supply and demand and support and resistance have a lot of similarities, but the aim of this page is to distinguish the two and identify how you can use support and resistance to trade supply and demand. The differences between supply and demand vs support and resistance Support and resistance is a level where traders see a lot of failed attempts at which price cannot surpass – this idea is familiar to most traders. Supply and demand is a much deeper zone which represents regions of…

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Pivot Point Strategies for Forex Traders

Post Views: 34 [ad_1] A forex pivot point strategy could very well be a trader’s best friend as far as identifying levels to develop a bias, place stops and identify potential profit targets for a trade. Pivot points have been a go-to for traders for decades. The basis of pivot points is such that price will often move relative to a previous limit, and unless an outside force causes the price to do so, price should stop near a prior extreme. Pivot point trading strategies vary which makes it a…

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