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Daily Archives: August 23, 2019

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Why Are Large Supply & Demand Zones So Important?

By administratorTrading Trading StrategyLeave a comment

The other week I tweeted a Bitcoin chart with a very large supply zone. The zone was about $3500 high! Some of you asked what possible use could such a large zone have for the serious trader? ….and doesn’t your trading Furu always tell you to trade with “pip perfect” precision? Well… the reason for…

August 23, 2019
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About the author
  • Simon Kloot

    Trader, Blogger and Mentor.

    Ex-IT consultant turned professional day trader. Simon lives with his wife and daughter in North London. He trades Forex, Equity Indices, Gold and Cryptos, and enjoys helping others attain their trading goals.

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Trading financial instruments on margin involves a high level of risk which may not be suitable for all investors. Leverage can work against you just as easily as it can work for you. Before deciding to trade you should carefully consider your trading and financial objectives, level of experience, and appetite for risk. The possibility exists that you could sustain a loss of some, or possibly all of your trading capital. Therefore, you should not fund a trading account with money that you cannot afford to lose. It is recommended that you seek advice from an accredited financial adviser if you have any doubts as to whether trading is right for you. No representation or guarantee is offered or implied as to the trading results that may be attained by applying concepts presented herein. Any losses incurred by traders unsuccessful in applying these ideas or methods are the sole responsibility of the trader. By reading this blog, you accept that TraderSimon, its principals, contractors and assigns will be held safe from prosecution in any form.

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