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.
4-11-07
GBPUSD
There was a long trade entered yesterday morning in the GBPUSD at 1.9695. The trade was closed at the target price of 1.9749. I will buy a pullback to 1.9766 for my next GBPUSD long trade.
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Forex Trading Based on Supply and Demand
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3:30 AM
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