All Types. All Accesses. Script access. XAUUSD - CRASH. XAUUSD - LONG IN PLAY. XAUUSD - LONG TERM VEIW. XAUUSD - WEEKLY OUTLOOK. XAUUSD - SHORT TERM. XAUUSD - WEEKLY LOOK. XAUUSD - WEDNESDAY 6TH. XAUUSD - IN A TRADE. XAUUSD - WAITING FOR BREAKOUT OF CURENT AREA. XAUUSD - BUY ABOVE NEXT WEEK OUTLOOK - XAU. XAUUSD - WAITING FOR BREAKOUT. XAUUSD - END OF THE WEEK. PUMP AND DUMP? Show more ideas 1 2 3. Message Follow Following Unfollow.

spartanguardtradinggroup Pro. tuteee Pro. If there are more buyers than sellers, then the market has no place to go but up. On the other hand, if there are more sellers than buyers, the market can only fall. When the concepts of supply and demand are applied to Forex markets, this can be viewed as prices on a chart where there are likely to be buyers or sellers looking to fill orders. When talking about supply and demand in Forex, we always refer to zones rather than specific prices.

This is because while the market consensus may be that a particular area is where buyers or sellers want to execute their trades, not everyone is going to have the exact same price point. If supply sees an increase in selling pressure, then that means we have sellers who are looking to execute trades in this price zone. On the other hand, if demand sees an increase in buying pressure, then that means we have buyers who are looking to execute trades in this price zone.

Supply and demand in Forex is also characterized by large clumps of orders, often from banks or institutions found within the interbank market. Supply and demand zones are often formed by large clusters of orders that are all executed at once, causing price to move sharply away.

Demand far outweighed supply at this price point and when the limited sell orders ran out, price could only go higher. But before you develop a trading strategy, lets go over how to determine Forex supply and demand zones and draw them on your charts. Forex supply zones are areas where banks and institutions are placing a large number of sell positions at a particular price zone. Once again you can see that if we used the price preceding a major move, as our definition above said to do, then we get mostly swing lows.

Zones that once again where returned to, were often areas where buyers were once again found and price was ripping higher as a result. These are areas on the other side of the market that could have been longed if you were a supply and demand Forex trader. As you can see on the charts found within the section above, you can immediately see how a retest of nearly all supply and demand zones saw another rejection.

With this in mind, the best Forex supply and demand strategy focuses on trading reversals when price returns to retest zones for a second time. Trading reversals at supply or demand zones will give you the highest probability of success using a strategy of this type. Depending on your appetite for risk, there are two ways you can go about trading a supply and demand strategy. The first is for aggressive traders who want to milk every last pip they can out of a move by getting in early.

Aggressive traders would enter trades using pending orders as soon as price returns to a strong supply or demand zone. You can see that price immediately reversed when it returned to the supply zone and with a stop placed just above the zone, it was never troubled.

This strategy requires you to be more active, using market orders to enter trades when the conditions presented are just right. In this case, price stuttered at the supply zone before retesting short term support as resistance and confirming that sellers were once again in charge of the market.

Weekly ideas for FX:GBPJPY GB Overall bearish trend so I will be looking for more downside from the pound with the news over the weekend of a national lockdown.

Expecting a gap down upon market open. We have US elections on 3rd November which will also play a role in GBP direction Trump is pro Brexit I will be keeping an eye on these levels of interest. Liquidation from margin calls and all round market fear - As you can see we have hit the low in our bullish channel so next week I will be looking for a daily bull candle to close. A great bargain buy for gold IMO. The day after US rate decision and the long position played out so we can reduce risk and decrease our stop or reduce risk all together and bring to break even.

Gold continues to push higher in its current bull trend with all indicators pointing upwards, apart from the RSI which is slightly overbought but this is gold we are talking about I am looking for buys but we have some tough resistance building up on the way up.

Some more bad news should lead us through that area - possibly today's FOMC but keeping an eye on Some nice movement today after US PMI but still looking to push above resistance to make gains. If we can't push higher then the only way is down Waiting for the break of the trend line to buy or sells the other way - still neutral. No news tomorrow so eyes on Trump and China. Looking at a push upwards to complete the move back to area after consolidation last week.

Most probably a gap to trade when the market opens. Will look Monday morning. Stay Green. Gold had a big drop last week, starting Monday and continuing until market close of Friday due to minimisation of long positions from big players in fear of trade talks and more bearish outlook.

Either way has good trading opportunities, all we need is some energy in the markets. Gold ended the week in a small zone, looking to break out to the upside or downside from here to give more clarity on the rest of the week. The upside trade has more room ro make money on a break, retest so I will be wary of a break to the downside. If not then we can see more bearish pressure heading into next week. I will be looking for buys or sells from arrows so break and re-test of the blue fib lines either to the top or back down to the bottom of trendline.

Taking it easy as it is NFP on Wednesday Stay Green! Gold looking to break out to the upside or downside - better trade would be outside of the blue box for me. I have been scalping for the last week so have not looked at fundamentals too much but I would expect a big move to happen soon around big news releases.

Stay green Gold started the week quiet - I am currently looking for a push up to the red arrows for a sell opportunity, looking at the daily candles we have wicks that need to be filled before a bigger down move.

Short term we can scalp buys up to per ounce. A drop in Gold post CPI numbers on Thursday before a small push up on Iranian oil tanker early Friday morning to trendline again before slamming through our strong support now turned resistance. I would expect to see a retest and then another push down to complete the movement, either today or next week.

If trade news comes in positive next week we can see a continuation up then a big drop down. I will be risking big on the way down. Stay green. Markets Allocation. Top Mentioned Symbols. beyondta bitcoin borisjohnson brexit chartpattern china comex commodities curency currencies currency curriency dxy euro eurodollar europe eurusd fomc fundamental gbp gbpjpy gold goldanalysis goldenratio goldidea goldstandard goldtrade goldtrading harmonicpatterns indicator jpy metal metals mining miningstocks money news pound silver token tokens trade tradetalks tradewar trendanalysis trump trumptweets usa uselections xag xau xaususd xauusd yen Less Tags Show All Tags.

All Types. All Accesses. Script access. XAUUSD - CRASH. XAUUSD - LONG IN PLAY. XAUUSD - LONG TERM VEIW. XAUUSD - WEEKLY OUTLOOK. XAUUSD - SHORT TERM. XAUUSD - WEEKLY LOOK. XAUUSD - WEDNESDAY 6TH. XAUUSD - IN A TRADE. XAUUSD - WAITING FOR BREAKOUT OF CURENT AREA. XAUUSD - BUY ABOVE NEXT WEEK OUTLOOK - XAU. XAUUSD - WAITING FOR BREAKOUT. XAUUSD - END OF THE WEEK. PUMP AND DUMP? Show more ideas 1 2 3. Message Follow Following Unfollow. spartanguardtradinggroup Pro. tuteee Pro. TraderSimon Pro.

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No news tomorrow so eyes on Trump and China. What are supply and demand zones? Scroll all the way to the right on your chart, and check what the price is right now. One thing to be aware of is that after price breaks through a supply or demand zone, there is a chance that it may retrace back to that zone before bouncing off of it again and continuing in its new direction. The first chart below shows the Zone Trade MT4 Indicator applied to charts alongside the accelerator oscillator and the awesome oscillator shown in the sub-window. We recommend that you use higher time frames like the 4H for better consistency.

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