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.
2-13-07
USDCHF
If you were not stopped out of the USDCHF long trade from 1.2475, the 1.2536 target was reached and the long trade should be closed. If you are short from 1.2536, take a partial profit at 1.2500 and move your stop to entry. The next target is 1.2480.
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Forex Trading Based on Supply and Demand
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12:28 AM
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