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
USDJPY
The short trade at 1.2187 in the USDJPY was entered and stopped out for a 10 pip loss. The down move is underway this morning. I will trade the 1.2114 to 1.2184 range for today.
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Forex Trading Based on Supply and Demand
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12:28 AM
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