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.
4-29-07
GBPUSD
The long trade from Friday's entry at 1.9871 remains open. There was another partial profit taken at 2.0030 and the stop loss is now at 1.9934. The next target is 2.0050.
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Forex Trading Based on Supply and Demand
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7:07 AM
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