Forex Trading StrategY: Supply & Demand (Power Zones)

This strategy trades on key levels of support and resistance. It’s a lower probability of trade setup but higher reward than pin bar reversal when the trade is executed. There may be more losing trades than winning trades, but the winning trades tend to be big wins and is, therefore, can be a very profitable strategy…

These tend to be currency pair charts at multi-year high’s and lows and are supported by institutional bodies such as central banks and therefore reliable.

Managing the Supply/Demand trade, we trail the stop loss every 100 PIPS the trade goes in our favour. So in our example above, we move the stop loss up to 9467 if the price hits 9505. Not going to cover this strategy any more here but you can check it out in the Lazy Trader course of you fancy having a crack at actually learning these relatively simple forex strategies…


STRATEGY

SELECTION