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.
1-16-07
USDCHF
The USDCHF has traded in a small range the last two days between 1.2446 and 1.2493. I expect the 1.2400 area to be a demand level where the selling should slow and a trading range between 1.2400 and 1.2500 should form.
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Forex Trading Based on Supply and Demand
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1:46 AM
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