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
USDJPY
There were no trades in the USDJPY on Friday. The USDJPY never reached the 1.1800 long entry price and it ran past the 1.1900 short entry price. My next trade in USDJPY will be a long entry at 1.1860.
Posted by
Forex Trading Based on Supply and Demand
at
2:38 AM
No comments:
Post a Comment