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.
1-9-07
USDJPY
The short trade for the USDJPY at 1.1870 was entered yesterday. The low after entry was 1.1840. The USDJPY has rallied up to the 1.1900 area this morning. The range for later today should be 1.1930 to 1.1880.
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Forex Trading Based on Supply and Demand
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11:56 PM
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