My Trading is based on the laws of supply and demand. Everything about price is reflected in the price. Price moves between areas of supply and demand until the demand is absorbed and price moves lower or supply is absorbed and price moves higher. This blog is dedicated to the relationship of supply and demand and it's effects on price in the forex markets. Once supply and demand is learned, it can be used in any market.
11-30-06
EURUSD
The long trade from 1.2944 was closed yesterday at 1.3147. I would be interested in re-establishing the long position on a pullback to 1.3170 after the EURUSD rallies past 1.3250.
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Forex Trading Based on Supply and Demand
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2:03 AM
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