LSM PHIndicator is a ideal tool to identify Supply/Demand Zones for Portfolio Basket Trading which is consist of
Any two or three currency pairs(Main Pair: EURUSD / Sub1 Pair: GBPUSD / Sub2 pair: USDJPY).
It can be use of day trading or swing trading with Portfolio Basket SL/TP Ratio.
It has itself " MTF_MP(Multi Time frame_ Multi Pairs)" Trend filtering system in the indicator.
Process of trading: Two Method(A & B)!
A. Alert On: "Entry Supply/Demand...
"Supply / Demand Zones"
The concepts of supply and demand zones are undoubtedly two of the most highly discussed attributes of technical analysis. Part of analysing chart of pattern, these terms are used by traders to refer to price levels in charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction. At first, the explanation and idea behind identifying these levels seems easy, but as you'll find out, supply and demand zones can...
A Fibonacci retracement is a popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the 13th century. Fibonacci's sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series.
In technical analysis, a Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and...