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.
5-20-07
USDCHF
My last trade in the USDCHF was a short trade at 1.2280 that was closed at 1.2252 with a 10 pip trailing stop. I will trade the 1.2232 to 1.2332 range for early next week.
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Forex Trading Based on Supply and Demand
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7:38 AM
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