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.
3-29-07
USDCHF
There was an entry yesterday in the USDCHF at the 1.2095 price that was stopped out with a 10 pip loss. The low after entry was 1.2083. I will short 1.2211 for my next trade in the USDCHF.
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Forex Trading Based on Supply and Demand
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2:57 AM
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