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.
5-15-07
GBPUSD
There was a long trade entered in the GBPUSD at the range low of 1.9790 that was exited at 1.9807 with a 10 pip trailing stop on Monday. I will trade the 1.9770 to 1.9836 range for today.
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Forex Trading Based on Supply and Demand
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1:13 AM
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