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.
4-6-07
USDJPY
The USDJPY is still trading between 1.1850 and 1.1880. The NFP could open the range to the 1.1800 area for a long and 1.1928 for a short today. Use buy and sell stops once the price trades below 1.1800 or above 1.1928 to reduce risk on the trades.
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Forex Trading Based on Supply and Demand
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1:30 AM
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