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
USDCHF
The USDCHF has traded up to the 1.2440 area this morning and a short trade was entered.
The first target is 1.2400 and the second target is 1.2376. Move your stop to even after the first target, and to 1.2411 after the second target is reached.
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Forex Trading Based on Supply and Demand
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12:07 AM
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