Test your Supply & Demand knowledgeBy FXD Sniper / February 5, 2024 Test your Supply & Demand knowledgeSupply and demand is the driving force of all business and economics. Test your S&D knowledge and see if there’s anything you should improve on. 1 / 10Is this statement True or False? “The law of supply and demand combines two fundamental economic principles describing how changes in the price of a resource, commodity, or product affect its supply and demand. As the price increases, supply rises while demand declines. Conversely, as the price drops supply constricts while demand grows.” True False It’s true.2 / 10Is this a valid supply zone? No Yes Yes, it’s a set of candles within a small range.3 / 10Which of these demand zones are we most likely to reverse from? Demand 2 Demand 3 Demand 4 Demand 1 Supply & Demand zones near the highs/lows always have the highest chances of being respected.4 / 10Why did price reverse from this demand zone? Because the buying pressure overtook the sellers Because the buying pressure overtook the buyers Because he selling pressure overtook the buyers Because the selling pressure overtook the buyers Because the buying pressure overtook the sellers5 / 10If you entered at this supply zone, should you target the low? Yes No Yes, this trade goes with the trend and we’re most likely to create new lower lows.6 / 10Is this statement True of False? “When supply is greater than demand, prices increases; when demand is greater than supply, prices drops.“ True False It’s false. This statement is correct “When supply is greater than demand, prices decreases; when demand is greater than supply, prices rises.“7 / 10If you entered at thid demand, where would you place your stop loss? Below the current wick Below the zone Above the zone No stop loss Below the zone is the safe stop loss placement for this trade.8 / 10Is this a valid demand zone? No Yes Yes, it’s a set of candles within a small range.9 / 10Why did price reverse from this supply zone? Because the volume of sellers was much higher than buyers Because the volume of sellers was much higher than sellers Because the volume of buyers was much higher than sellers Because the buyers were asleep Because the volume of sellers was much higher than buyers10 / 10Is this a valid supply zone? Yes No No, it’s an orderblock.Your score isThe average score is 75% 0% Restart quiz Give us a rating!
