Gepinnte Beiträge
The Supply and Demand Strategy
FIRST, ABOUT THE THEORY.
Trading based on key levels or zones is very common and for most traders, it's a well-known method. Supply and demand is a trading strategy, but more than that, it’s a theory on how the Forex market works. The strategy tells us how and why things happen in the market, which we automatically accept as being true by using the strategy – we wouldn’t trade it if we didn’t think it works. The theory is summed up as: The banks cause zones to form by placing trades, taking profits, and closing trades. They then make price returns to these zones to get their remaining trades placed or to take the rest of their profits off. This causes upswing and downswings to form and creates the price action we see on our charts. We must thank Sam Seiden for creating the supply and demand method. (google for "Sam Seiden") Not only…
Hello Bernhard,
one question regarding your statement from this post
https://www.currencystrength28.com/post/28pairs-currency-strength-with-impulse-trading-system
"About support/resistance and supply/demand you need to know first one thing: Currency Strength is stronger.
If both base and quote CS push against support/resistance or supply/demand it will break!"
Normally I would say that one of the currencies is weaker than the other and only one of them is "pushing against the S&D".
But I would imagine you mean a scenario like in the screenshot. It's still one currency weaker, but both are "pushing" in the same direction.
Is that correct or do I have a thinking error?