THE LAW OF SUPPLY AND DEMAND
In the technique of supply and demand there are three laws, namely:
1. Sell in the area of supply
2. Buy in the area of demand
3. always look left
1. SELL IN THE AREA SUPPLY
The point is if we are in a new supply zone then we should sell and if we were not in our supply area should not have to sell our entry in the supply zone.
Example:
2. Buy AREA DEMAND
The point is if we are in a new area of demand then we should buy and if we were not in the area of demand we can not buy
Example:
3. ALWAYS SEE LEFT
The point is if we are in the area suppy we should see the left if there is more demand or demand is empty here then we will know where we are and take profit limit price reversal vice versa if we are in the area of demand we have to look left or the previous price movements
Example:
In this technique we need patience and accuracy in determining the area of supply or demand area. other than that we have to be consistent to determine our OP. if we are in the area of supply then we sell and if we are in the area we buy the new demand. Mechanical supply and demand
very simple and very accurate in this case back to each individual and must often practice and get used to drawing on our MT4.
By: http://aboutofforex.blogspot.com
Always try and do not despair
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