Hi there!
I am using the “Supply / Demand” strategy, and when wondering when to buy or sell?
In case of BUY, should I wait till the candles closes above the zone but started inside the zone OR wait for the next candle that opens and closes above the zone?
The opposite for SELL.
Many thanks!
Michael
Michael - Both scenarios make sense, the second one offers more confirmation of the price move, so a higher probability of a win, but at the cost of a less favourable entry. It might be that one approach would work better on higher volatility pairs, but the only real test is to trial it, for example through a demo account.
Hi Michael!
In the “Supply/Demand” strategy, for a BUY, it’s usually safer to wait until a candle closes above the zone, showing clear upward momentum. For a SELL, wait for a candle that closes below the zone, confirming a downward trend. This approach helps confirm the market’s direction