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.
4-24-07
GBPUSD
There were no trades entered in the GBPUSD yesterday. The GBPUSD extended the range lower to 1.1956 and has reversed this morning. I will take a long trade if the GBPUSD extends the range lower to 1.9925.
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Forex Trading Based on Supply and Demand
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10:59 PM
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