Is anyone here a Forex mentor? I’m a fairly new, I wouldn’t even call myself a trader yet but you get the point.
I’ve been learning the basics for the past 8 months during that time I’ve also covered a little bit on supply and demand, I’d like to master this if you’d like to drop me a message, however this works (first time on forums)
Hope you all have a great year good luck to all of you💯
Yes, supply and demand is an interesting Forex subject and worth examining. Price action shows the outcome, but it’s a lagging indicator, and there is little out there that can accurately forecast movement before price action takes place.
Some pro traders would rely on fundamental analysis to determine whether change in price direction is likely - but again that needs decades of experience to understand how markets react.
Some traders utilise Fibonacci and pivot points as ‘two’ ways to determine movements more accurately - and IMO, well worth studying.
But keep in mind when you’re covering charts with every indicator under the sun - simplicity is best.
good luck.
I am in the same boat as you.
Just trying to learn as much as i can.
It is so hard finding a real mentor without getting scammed.
Good luck! I wish you success.
Hi, there are many ways to succeed in the forex market, supply and demand may be one of them. The most important thing is that you feel comfortable using a given trading method. Regards Greg