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.
4-4-07
USDCHF
The long trade in the USDCHF from the Monday entry price of 1.2125 was closed at the 1.2214 target price yesterday. I am going to pass on trading the USDCHF today because the areas of supply and demand are too close for a decent profit zone.
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Forex Trading Based on Supply and Demand
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4:13 AM
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