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
USDJPY
There was a long trade entered in the USDJPY at 1.2006 on Sunday that was exited yesterday afternoon at 1.2032 with a 10 pip trailing stop. The short trade entry at 1.2100 was not reached. I plan to trade the 1.1983 to 1.2033 range for today.
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Forex Trading Based on Supply and Demand
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1:14 AM
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