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.
1-18-07
USDJPY
If you bought the pullback to 1.2050 from yesterday's email in the USDJPY, you are in good shape this morning. The next area of supply is 1.2200. You can trail your stop loss to 1.2100 once the USDJPY trades above 1.2130.
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Forex Trading Based on Supply and Demand
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12:38 AM
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