Demand zone: How to place UP orders simply in Olymp Trade (Chapter 3)

Demand zone: How to place UP orders simply in Olymp Trade (Chapter 3)
Demand zone: How to place UP orders simply in Olymp Trade (Chapter 3)

Next in this series, we will talk about the Demand Zone. As usual, there will be a detailed method for you to use in trading Forex and Fixed Time Trade.

Review the knowledge about the Demand zone

In case it is the 1st time you have come to the series, you can read this article again. How to trade with the Supply and Demand zones effectively in Olymp Trade.

In theory, there are 2 popular Demand patterns. They are (1) Reversal and (2) Continuation.

With each pattern, you will have a different way to trade.

(1) With the reversal Demand pattern

Reversal Demand pattern
Reversal Demand pattern

(2) With the continuation Demand pattern

Continuation Demand pattern
Continuation Demand pattern

When the market is in an uptrend, we will wait for the moment the price retests the Demand zone and place UP orders.

How to use the Demand zone trading strategy in Olymp Trade

Case 1: Forex trading

I use a real trading example with Brent Oil here.

Step 1: View the overall Oil market (4h chart). The price was in an Uptrend.

Step 2: Identify the nearest Demand zone.

View the overall market and identify the Demand zone
View the overall market and identify the Demand zone

Step 3: Wait for the price to return to the Demand zone and open a Forex order.

– Place Stop Loss (SL) just below the Demand zone.

– Place Take Profit (TP) at the old peak.

Wait for the price to return to the Demand zone and open a Forex order
Wait for the price to return to the Demand zone and open a Forex order

Case 2: Fixed Time Trade

Use a 5-minute chart and choose assets with Pay Out of 80% or more. The market must also be in an Uptrend.

I have another real trading example with Asia Composite Index.

Step 1: Identify the Demand zone in the Uptrend.

Step 2: Wait for the price to enter the Demand zone and place UP orders. The expiration time is from 10 minutes to 15 minutes.

How to use the Demand zone strategy in Fixed Time trading
How to use the Demand zone strategy in Fixed Time trading

Step 3: If the price bounces off the Demand zone, stop trading and leave the market.

This is a summary of my Fixed Time trading orders.

The summary of my Fixed Time trading orders
The summary of my Fixed Time trading orders

Summary

Our formula: Uptrend + Demand Zone + Signal = Place UP orders.

Some reversal candlestick patterns in Demand zones that you need to pay attention are Bullish Engulfing, Bullish pin Bar, Morning Star…

It is possible to trade both Forex and FTT at the same time with a test order. You can see details in the following link: https://olymptradeclub.com/trade-both-forex-and-fixed-time-with-test-order/

That’s all I want to show you in this article. The series of Supply and Demand zones end here. If you have any questions, please leave a comment below. I’ll reply to you as soon as possible.

Join the Olymp Trade Club Signal Group: https://t.me/olymptradeclub19

Demand zone: How to place UP orders simply in Olymp Trade (Chapter 3)
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