Supply Deman Strategy Good or Bad?

 

Hello Guys iam a new Trader and i learned the Supply and Demand strategy it worked fine 2 Times but still it takes too long, i trade it on 3m 5m 10m Timeframe but still it takes too long am i doing something wrong?

Today i drawed an Demand line at 13:00 ( 1 PM ) and till now as iam writing this post it still didnt touch or made another form. I learned this Strategy thru YouTube ( TradingLab )

Can someone tell me if it is a good Strategy or reffere me other Strategys, or maybe explain a bit about Supply and Demand would be really thankful.

Thanks and Best Regards.

 
eduardxk:

...
... or maybe explain a bit about Supply and Demand would be really thankful.
Thanks and Best Regards.


Hi Eduard,

You can find the description about supply and demand at:
https://www.mql5.com/en/blogs/tags/resistance

Kind regards.

resistance - Trading blogs and financial markets analysis
resistance - Trading blogs and financial markets analysis
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“Support and resistance” is one of the most widely used concepts in forex trading which implies that the movement of the price of a security will tend to stop and reverse at certain predetermined