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.
11-22-06
USDJPY
I am listening to CNBC explain why the dollar is down this morning. I believe that the USDJPY is down because it finally came into the area of supply at 1.1822. I only wish it would have done that on Monday. If there is a retracement to the 1.1778 area, I will short it.
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Forex Trading Based on Supply and Demand
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1:49 AM
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