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.
4-26-07
USDJPY
There have not been any trades in the USDJPY in the last 2 days. The USDJPY has traded between 1.1830 and 1.1890 for a week. I will trade long at 1.1784 and short at 1.1955 once the range opens up.
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Forex Trading Based on Supply and Demand
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12:50 AM
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