Supply and Demand / How to trade?

Supply and Demand / How to trade?

Supply and Demand / How to trade?

Supply and Demand / How to trade?

The difference between supply and demand and support / resistance seems very small.
But a Trader who understands the difference between both and knows how Supply and Demand works precisely can develop a trading strategy that’s great!
I also use Supply and Demand in my own strategy.

Supply and Demand is a strategy that analyzes how the market moves.
Price lists and areas where buyers and sellers get into action on each price chart.
These points are clearly visible and can be seen on each chart.
These areas are usually also called Supply and Demand areas.
The experienced trader can respond well to this, where the amateur trader often fails to recognize these points properly.

Often traders also think that the more often the price shows an area the stronger it is, but this is not entirely true.
Just look at the example below.

Supply and Demand

What makes price go down is an imbalance between buyers and sellers and there is more selling activity than buying going on. And when the price comes up there is more buying activity.
When price reaches the support level, buyers enter the market again and outnumber the sellers.
Then, price goes up until sellers become interested again and drive price down.
This is a very basic view but it explains how markets move.

Each time the price moves back to a support level, there will be fewer and fewer buyers because everybody who wants to buy execute there trades now.
This is called order absorption.

Supply and Demand

If everyone has bought and there are no buyers left over then the support level will break and the price will fall at a price that the buyers are again interested in buying.

Think of order absorption around a price level like a ball that bounces off the floor. Each time the ball hits the ground, some of the energy is absorbed by the floor. Thus, each consecutive bounce will be lower than the previous one until all energy is gone and the ball comes to a standstill.

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.

Forex Analysis checklist

Forex Analysis checklist

Forex Analysis

Forex Analysis checklist.

Checklist.

1. Monthly main range (no more than 1000 PIPS). Measuring the range with the arrow tool.
– Add horizontal lines on the arrows.
– Add the thin rectangular strip on all key levels.
– Add labels: “Monthly Key Support”

2. Step up to the weekly time frame.
-Use the Fibonacci tool: Click from the resistance (above) to support (bottom).
– Draw a horizontal line at the 50% (0.5) level. (Remove the Fib afterwards)
– Do all three monthly series, leaving the weekly main levels as they are (no horizontal strip)
-Label the weekly mid-range levels.  For example: “Weekly mid-range Resistance 0,96 **”
– Check the MA position (crossed up, cruised down / Bullish, bearish) and label.

3. Now step to the daily time frame. To draw keylevels with only the rectangular strip. Remember to use the 4-hour chart in line with the daily chart to do this.- Use a thin horizontal strip for the Daily / 4 hour key levels.
– When it helps you, change the color.
– If no key level can be seen, do not force it, stay at the week and monthly till the price action shows a key level.
– Check the MA position (crossed up, cruised down / Bullish, bearish) label (weekly and daily) .

4. Mark the higher highs / lows higher (if in uptrend) or lower highs / lows lower (if in down trend) on the daily / 4uurs time frame.
– Always think ahead when a new higher high / lower low can be expected.

5. Apply trend lines on the chart for assistance and to obtain a clearer picture which way the trend of the market will go.
– Daily and weekly lines broadly assist in the general direction.Be aware of the 3rd trend line touch / bounce + trend line break rules (weekly and daily) 4 hourly + 2 hourly chart is for the application of the counter-trend lines.Add it if possible, once you have an idea of the general trend direction (Bullish or Bearish). Trading breakouts in the direction of the trend (MA crossover and breakout should work together).

Forex Analysis

 

6. Draw the Fibonacci on the chart.
– Weekly + daily Fibonacci act as a guide for what direction the trend is going.Do not worry if you missed the C- Retracement; Use the D-extension targets as a potential directional bias.
– 4 hourly + 2 hourly Fibonacci is very good for entry positions. Additional confidence is given as D-extension levels overlap any key level monthly / weekly as an extra confluence.
– Trade thee Fibonacci with inside bars / counter trend line breaks + MA crossovers. Remember that 78,6% fib functions as a Stop-loss level (Not at the daily / weekly).
– Improvise a closed line, up or below the 78,6% that can make the A, B, C, D move invalid.

7: An important entry strategy is the inside candle setup.
IMPORTANT: double check your currency pairs, read the candlesticks and make use of all of the rules mentioned above to get the overall market direction / bias.
– Look for inside candles to help with an entry point if there is already a trend direction.Maybe they break the two setups in your currency pairs.
– Daily / 4 Hourly inside bars provide the most reliability.- According to the rules you should highlight the inside candle, step to the next period, waiting for MA crossover then you enter your trade on the final candle.

Tips:

– Don’t forget to place your Stop-loss at the daily and 4H chart at the HH-LL-HL-LH marks.
– Not over two trades at once.
– Keep track of your daily trade notebook and be honest with yourself.
– Think in terms of percentages and PIPs.
– Always save your work and stay organised.

Forex Analysis

Forex Analysis Checklist.

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.

Scalper forex

Scalper forex

Scalper forex / How does it work?

Scalper forex

When we talk about Forex, scalping refers to the creation of a large amount of trades that individually yield small profits.
With a scalping strategy, traders generally expect an expected profit of between 5 to 10 Pips per trade.
In addition, traders can use a high lever to increase these profits.
Make it clear that the lever can also increase any losses.
What is the best scalp strategy? Determining whether a Forex scalping strategy is appropriate will largely depend on the amount of time you are willing to invest in scalp trading.

The next important point is that you have the qualities to make decisions in a flash.
To scalpe well, you can quickly predict where the market is going.
Then, click here to open and close positions within seconds.
That makes Forex scalping not easy.

Scalper forex

Once you’ve started scaling, practice a demo account first.
Start with trades in general, try different strategies and make market forecasts.

When making predictions, keep in mind that psychology, and especially herd behavior, is an important part of market movements.
Understanding of these are key features of the Forex Scalper.
If you are interested in exercising scalping strategies then you should also be willing to accept losses.
Your goal as a scalper is to trade more profitable than losing positions.
Make sure you know when to close positions if they are not successful.

Finally, by automating your Forex scalping strategy, you can save a lot of time and energy. However: … strategies must be constantly developed and improved … … automate your strategy only after it has consistently performed over a reasonable period of time … To find out if scalping fits your personal preferences, it’s a good idea to practice Forex scalping on a free IC MARKETS. account.

Forex course

Forex course

Forex course

Forex Course

We have developed a strategy that makes us more than 80% profitable.

Because in the forex world you really learn to fall and get up.
Every beginning is difficult but in the world of it all went.
Perhaps you have already lost a lot of money on the market?
And now you want to invest more in yourself.
Perhaps you have a dream a dream that we also had to be able to live from your trade, and to live well!

With your will, patience and trust we can make you a successful trader with our Forex course Trading is mainly about reading, observing, analyzing and striking.

An important reason for the loss of approximately 90% of traders is that they are too lazy to do the work that is necessary to be successful.
Another reason is that they do not have a trading plan.
And a trading plan is so important to get and be consistent.
They guess, gamble and hope.
Actually more gambling than they did.
Either way, if you are willing to work hard and disciplined, you could once more belong to those 10% traders who are very Forex course successful with the Forex course.

Forex course

Forex course

“When I became a winner, I said, ‘I figured it out, but if I’m wrong, I’m getting the hell out, because I want to save my money and go on to the next trade.'” – Marty Schwartz

Want to know more about trading in forex or do you want to join the forex group?
The forex group is mainly English!
Please contact me so that I can explain you much more about what we have to offer.
And all your questions can be verbs.

Looking for good Forex education? Look at www.theforexscalpers.com
The best Broker? Look at  IC MARKETS.

Price action strategy

Price action strategy

Price action strategy

Price action strategy

Technical chart analysis are the multiple patterns the chart shows and all forms of price action. Also the overall analysis and the movement of the market over a certain time period. A soon you’ve learned to master the price action and how to determine the price action. You are ready to make a benefit of certain movements in the market.

Price Action is making the most of your trading decisions on a clean chart. Free of indicators and influences from the past. You could add the moving average for some extra help.

Since Price Action reflects al variables of a certain market over a certain period with the help of price indicators as Stochastic or MACD. You won’t need all the other indicators since they simply just distract you. Only information you need to make a winning strategy is the raw movement of the market.

As told before, economic variables will move the market as well. Think of what I told you about fundamentals.
Movements like this are clearly recognizable. Just for the fun of it you should look up the chart of GBP/USD. Around the Brexit Referendum you will see a clear drop in the value of the GBP.

Price action analysis make use of the overall cure price data. That’s why this strategy could be used on every trade at the financial market. Before starting Price Action strategy make sure you start with a clean sheet. Remove all other distracting indicators in the past.

There is a big difference between charts with indicators and charts without. Example underneath will show you the difference. Take a look at both charts and tell me which one looks easier to analyze? Also charts with lots of indicators won’t give you more information. They only give you distracting information from the past that you really don’t want to know.

Price action strategy

Price action strategy

Best Broker: ICMARKETS.