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.
4-17-07
USDCHF
If you are still long the USDCHF from the 1.2085 entry, move the stop loss to 1.2109 to lock in a profit on the balance of the position. If you are flat, buy the first pullback to 1.2080 using a buy stop to enter once the USDCHF trades below 1.2080.
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Forex Trading Based on Supply and Demand
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2:46 AM
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