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.
2-25-07
USDCHF
The long trade on Friday morning at 1.2369 in the USDCHF was stopped out for a 10 pip loss. The short trade at 1.2420 was not entered. I will trade the weekly range which is 1.2219 long and 1.2475 short next week.
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Forex Trading Based on Supply and Demand
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1:08 PM
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