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:
1) Use longer time frames to identify supply and demand zones.
2) Identify strong moves off the potential demand/supply zone.
3) Use indicators for confirmation of support and demand zones.
This article covers the following talking points:
1) Use longer time frames to identify supply and demand zones.
2) Identify strong moves off the potential demand/supply zone.
3) Use indicators for confirmation of support and demand zones.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.