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.
1-22-07
USDCHF
The range bottom long trade at 1.2450 was entered early on Friday morning. The high after entry was 1.2530. There is a breakout area of support at 1.2466 to buy on a pullback this morning. The first target is 1.2496 and the second target is 1.2520.
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Forex Trading Based on Supply and Demand
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12:05 AM
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