Supply and Demand trading with Fibs

Quoting deankenny21

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{quote} Well there's your first faliure already, supply and demand is NOT a strategy, it is a law, it is a driver, it is not something you can copy and paste and colour by numbers. You can create a strategy using supply and demand as the main driver maybe, but as a singular. Like myself, once you can spot supply and demand with just looking at your chart with your naked eyes, everything changed for me, my eyes were opened. Upon which of course I built a system to work with using supply and demand as my respected driver, bring in fibs, and a few...

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Quoting here2there

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The problem I have found with the Supply and Demand strategy is it rarely works out as expected. Most of the time zones are not respected. I don't see how anyone can make a living from such a strategy. It makes more sense to see how price responds to recent highs or lows, and then trade in favor of strength using candlestick patterns.

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Quoting KareemAliFx

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{quote} My friend it is rather simple. You focus too much on technical analysis

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