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.
GBPUSD
The long entry at 1.9588 yesterday was not entered because the daily low was 1.9592. The short trade at 1.9686 was not entered because the daily high was 1.9666. The range I will trade for today is 1.9500 for a long trade and 1.9636 for a short trade.
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Forex Trading Based on Supply and Demand
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3:40 AM
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