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.
1-18-07
EURUSD
The pullback long trade at 1.2926 was a 10 pip loser yesterday. The EURUSD spiked down to 1.2900 and then went to the first profit target of 1.2973. I plan to buy the pullback to 1.2948 for my next long trade.
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Forex Trading Based on Supply and Demand
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12:39 AM
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