155: Master Supply & Demand In Forex Trading - Paul Scott

Master Supply & Demand In Forex Trading

In episode 155 of the Desire To Trade Podcast, I interview Paul Scott, an ex-institutional banker who primarily focuses on supply and demand Forex trading. After working as a trader in different exchange and having a thriving career in the trading industry, he made it his goal to teach other people how to use fundamentals.

In this podcast, he shares what a bank trader looks for and why relying solely on indicators is the wrong way to go about success in trading.

Topics Covered In This Episode

• How Paul started to trade [1:44]
• Looking charts back then and how it was very much price-driven [5:45]
• Paul's learning curve and level of success after the first 3 months learning about trading [12:12]
• How to respond when markets are behaving differently [15:44]
• How people trade differently on different markets [18:09]
• Banks putting all things in place to help you make money [23:17]
• How Paul would recommend to people to start with supply and demand [28:26]
• Paul's advice for people [42:08]

Resources Mentioned

• SPONSORED: Shoot an email to Jerremy Newsome

DesireToTRADE Top Resources

• Desire To TRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist (free checklist!)
• One-Page Trading Plan (free template!)
• DesireToTRADE Academy (exclusive training program)

How To Find Paul Scott?

• PaulScottFx.com
• LinkedIn (PaulScottFx)
• Twitter (@PSCOTTFX)

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!