Pages

Tuesday, 29 March 2011

Supply and Demand

1 comments
Have you ever wondered why the price is always moving? The simple answer is because of the imbalance between supply and demand. Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Price is a reflection of supply and demand.

  • Prices will rise when demand exceeds supply. 
  • Prices will drop when supply exceeds demand. 
  • Prices will stop/ranging when the supply equal to demand. (this zone also known as cluster)


    Just remember:
    • Supply = Resistance 
    • Demand = Support

    Welcome forex trader

    0 comments
    I hope all the information in here can be benefited to all forex traders.

    Price action is simple, but not easy to learn and take a lot of screen time and pratice. If you have zero knowledge about forex please go to school here. You may come back here when ready.

    There is no holy grail in forex, proper mindset and money management is still rule number 1 to survive in this arena.

    Monday, 5 October 2009

    Dear forex price action trader..

    1 comments
    I just received some emails from visitors..
    sorry for not updating this blog nearly six month due to my health problem n offline job..
    I promise to spend a little time for ya..will update this blog soon.. :) thanks for visiting.
     
    Powered by Blogger. Theme Design by Web Development and SEO UK.