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.
2-7-07
EURUSD
There was a long entry on Monday at the 1.2923 price from the 2-4-07 post.
Trail the stop loss on the EURUSD to 1.2961. If the EURUSD rallies past 1.2984, trail the stop to 1.2971.
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Forex Trading Based on Supply and Demand
at
2:09 AM
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