Forex Indicator Support and Resistance 2021 & Supply and Demand

Forex Indicator Support and Resistance 2021 & Supply and Demand

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Salepage: Forex Indicator Support and Resistance 2021 & Supply and Demand

Product Description

What is supply & demand?

supply & demand are factors that affect the price of an object depending on the demand and supply for that object. (big player/big trader/banker) also use supply & demand techniques and this technique is very well known in the trading field.

This supply & demand technique is very easy and easy to profit and this technique is also suitable for newbies, this

because this technique is a basic technique for traders who are just tame in the trading field.

buy entry below price (support/demand)

sell entry above price (resistant/supply)

This technique is suitable for scalping, intraday, swing

suitable for all timeframes

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How to Install Custom MT4 Indicators?

Step 1: Open Mt4 Trading Platform;

Step 2: Click “Open Data Folder”;

Step 3: Open the “MQL4” folder;

Step 4: Open the “Indicators” Folder;

Step 5: Paste The Custom MT4 Indicator Into The “Indicators” Folder;

Step 6: Restart your trading platform and you are set to go

THANK YOU

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

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