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
USDJPY
The short trade at 1.2160 was not entered on Friday. If the USDJPY rallies up to 1.2142, take the short trade with a first target of 1.2100 and a second target of 1.2083. Move the stop loss to entry after the first target is reached.
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Forex Trading Based on Supply and Demand
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1:07 PM
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