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.
4-26-07
GBPUSD
The GBPUSD never reached 1.9925 for a long entry. It has an area of breakout support to go long at 2.0031. The first target is 2.0060 and the second target is 2.0104 to exit and go flat.
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Forex Trading Based on Supply and Demand
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12:42 AM
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