In Online Trading Academy courses, we are taught to buy in demand zones and sell in supply zones as the most effective way to trade. This is the simple part of trading, following rules. However, the difficult part is locating the best zones in which to make those trades. If you have attended one of our courses, you obviously know how to find those zones, but are you aware of another area that could be just as beneficial?
When we buy in a demand zone, we immediately place our stop below that level. We do this because if we are wrong, we want to exit as soon as possible to minimize the resulting loss. When demand zones are broken, they reverse roles and act… Continue Reading