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.
4-1-07
USDJPY
There was a long trade entered in the USDJPY on Friday at 1.1738 that was exited at 1.1757 with a 10 pip trailing stop. I will trade the 1.1760 to 1.1830 range for today.
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Forex Trading Based on Supply and Demand
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3:05 PM
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