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.
3-13-07
USDCHF
The long trade from 1.2167 was closed at 1.2324 on Monday. The USDCHF has sold off to the 1.2240 area. I will trade the daily range which is 1.2233 for a long entry and 1.2320 for a short.
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Forex Trading Based on Supply and Demand
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3:17 AM
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