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.
3-25-07
USDCHF
There was a long trade in the USDCHF on Thursday at the entry price of 1.2092. The trade was exited at the 1.2152 target. I plan to short 1.2240 for my next trade in the USDCHF.
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Forex Trading Based on Supply and Demand
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9:45 AM
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