Forex trading mistakes are the main reasons why traders lose their money and fail to achieve their goals. When it comes to trading the Forex market, only 5% of traders achieve the ultimate goal of becoming consistently profitable. These successful traders grow from their trading mistakes. Deep in their minds, a mistake is a chance […]
You probably heard about forex trading through ads on social media or from a friend and you are wondering what is it all about? Basically, forex or foreign exchange is a financial market where currencies are traded. This is one of the most traded markets in the world with a daily average volume of $5 […]
It is about time to improve your trading psychology to better shape your success in trading. Now that you have mastered the basics of trading, you need to spend time building strong psychological habits. These habits will help you succeed in your trading endeavor. While technical analysis helps you find profitable opportunities and risk management […]
Supply and demand patterns are price action structures that are formed at reversal points and inside the trend. There are two types of supply and demand patterns: Reversal Patterns and Continuation Patterns. Traders can choose to trade one or both patterns. In this article, I will show you how to identify these supply and demand […]
To trade supply and demand strategy, we look for a few factors to help us determine whether the zone has high probability of success or not. Because we want to stack the odds in our favor, we only trade supply and demand zones that are fresh. Beside the freshness of the zone, there is another […]
In the forex market, gaps are usually formed over the weekend when the market is closed. They also occure during economic events and news releases on lower time frame charts. To trade gaps using supply and demand, you start by identifying whether you have a professional or a novice gap, then trade accordingly using supply […]
Trading supply and demand using CCI indicator helps you determine price direction and choose the right zones to trade. In forex, supply and demand trading consists of buying at demand zones and selling at supply zones. Because not all supply and demand zones work all the time, we use the Commodity Channel Index (CCI) indicator […]
Multiple Time Frame analysis consists of analyzing and monitoring the same asset under multiple time frame charts. In this article, I’ll show you how to use multiple time frame analysis to trade forex supply and demand.