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.
12-6-06
USDCHF
No trade in USDCHF yesterday. With the dollar being in an area of daily demand and the moving average close by, the next trade should be a breakout trade in the USDCHF above 1.1932 with a first target of 1.1983 and a second target of 1.2022.
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Forex Trading Based on Supply and Demand
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1:37 AM
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