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.
1-1-07
USDJPY
The USDJPY is still trying to absorb the area of supply at 1.1910. It looks like a breakout past 1.1912 is setting up for a move to the 1.1950 area of supply.
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Forex Trading Based on Supply and Demand
at
2:48 PM
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