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.
3-14-07
USDCHF
The long entry at the daily area of demand at 1.2233 was stopped out for a 10 pip loss. The currencies are being sold off along with most other assets, and areas of demand are acting as speed bumps. I will short 1.2245 for my next trade.
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Forex Trading Based on Supply and Demand
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1:58 AM
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