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
USDJPY
The long entry at the daily area of demand at 1.1660 produced a bounce up to 1.1717 before the selling resumed. I will short the 1.1680 area 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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