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.
1-10-07
EURUSD
The EURUSD never reached the 1.3066 area for a short trade yesterday. Overnight, it reached the 1.2970 area for the long entry. The range for later today should be 1.2972 to 1.3031.
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Forex Trading Based on Supply and Demand
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12:04 AM
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