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.
11-29-06
USDCHF
The sell off in the dollar continued yesterday but the pace has slowed.
The bottom of the trading range in the USDCHF was extended yesterday to 1.2012.
This makes the big trading range 1.2012 up to 1.2115. I will trade a breakout out of the top of the range at 1.2116.
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Forex Trading Based on Supply and Demand
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11:42 PM
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