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.
5-29-07
EURUSD
There was a long entry on Monday in the EURUSD at 1.3430. The stop loss has been moved to entry. The first target is 1.3483 if the EURUSD can make it past the 1.3444 area of supply.
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Forex Trading Based on Supply and Demand
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10:47 PM
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