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.
12-20-06
The USDJPY traded in a whopping 30 pip range yesterday. Since it has based near 1.1825 for the last three days, the short trade at 1.1850 is out. The USDJPY is either going higher to trade in a 25 pip range between 1.1825 and 1.1850, or it will base here for another day.
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Forex Trading Based on Supply and Demand
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12:07 AM
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