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.
4-22-07
GBPUSD
The long trade in the GBPUSD from Thursday's entry at 1.9986 was stopped out at 2.0009. I will trade the 1.9927 for a long trade to 2.0056 for a short trade range for next week.
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Forex Trading Based on Supply and Demand
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3:33 AM
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