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.
4-1-07
EURUSD
There was a long trade entered with buy stop on Friday at 1.3310 that was exited at 1.3320 with a 10 pip trailing stop. I will trade the 1.3345 to 1.3420 range for today.
Posted by
Forex Trading Based on Supply and Demand
at
3:03 PM
No comments:
Post a Comment