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.
4-13-07
USDJPY
There was no trades yesterday in the USDJPY. The USDJPY broke down yesterday out of the 1.1925 to 1.1950 range. I will trade the 1.1800 to 1.1900 range for today.
Posted by
Forex Trading Based on Supply and Demand
at
4:38 AM
No comments:
Post a Comment