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.
4-5-07
USDCHF
The range on the USDCHF is still very tight on Thursday morning at 1:30 AM Central. There is a good chance that the USDCHF could stay in this range for another day between 1.2180 and 1.2213. If it does rally past the supply at 1.2213, I will trade the 1.2200 to 1.2243 range for today.
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Forex Trading Based on Supply and Demand
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12:50 AM
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