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.
4-15-07
USDCHF
There was a long trade entered in the USDCHF at 1.2085 on Friday. A partial exit was taken at 1.2160. Move the stop loss to entry on the balance of the position. If the USDCHF rallies past 1.2160, move the stop loss to 1.2139.
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Forex Trading Based on Supply and Demand
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2:38 AM
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