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.
2-20-07
USDJPY
The long trade from 1.1900 is still open and the second target of 1.1992 has been reached . Trail the stop loss to 1.1949. The next target is 1.2071 to reverse to a short.
Posted by
Forex Trading Based on Supply and Demand
at
1:13 AM
No comments:
Post a Comment