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.
3-22-07
USDCHF
The long position from Sunday which was entered at 1.2044 in the USDCHF was closed at 1.2126 yesterday when the USDCHF reached the 1.2168 target and retraced. I will trade the 1.2092 to 1.2150 range for today.
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Forex Trading Based on Supply and Demand
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1:56 AM
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