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.
2-23-07
GBPUSD
No entry yesterday in the GBPUSD. Buy the first pullback to 1.9554 and short 1.9642. Use buy stops and sell stops to enter both trades and 10 pip stop losses.
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Forex Trading Based on Supply and Demand
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1:57 AM
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