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
USDJPY
The second half of the short trade was closed at the entry price of 1.2060 yesterday. The USDJPY may be basing for a move higher based on the daily chart. I'll pass on trading the USDJPY until a range is established.
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Forex Trading Based on Supply and Demand
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1:47 AM
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