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
USDJPY
There was a short trade that was entered on Thursday in the USDJPY at 1.1778. The trade was closed at 1.1768 with a 10 pip trailing stop. I will trade the 1.1790 to 1.1800 range for the early part of next week.
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Forex Trading Based on Supply and Demand
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9:44 AM
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