Using Price Action Alone to Objectively Identify Bank (dealer) Supply and Demand In Forex Trading

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Henry Ryall
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Michael Standen
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Using Price Action Alone to Objectively Identify Bank (dealer) Supply and Demand In Forex Trading

Hosted by:

Online Trading Academy

Expert: Sam Seiden

Preregistered Users: 85 users

Start: Thu, Dec 11, 2008, 17:00 GMT

End: Thu, Dec 11, 2008, 17:45 GMT

During this session, we will discuss how to identify bank (dealer) demand and supply using price action alone. We will go over a set of rules that will allow traders to objectively quantify demand (support) and supply (resistance) price levels which is where all low risk / high reward trading opportunities are found. The movement of price in Forex markets is nothing more than an ongoing supply and demand equation. Trading opportunity exists when this simple and straight forward equation is out of balance. We will use objective rule based logic to identify what a supply and demand imbalance looks like on a price chart during this session.

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