USDJPY 3-09-07
3-9-07
USDJPY
I am not short 1.1750 because the USDJPY based just below the area leaving no profit zone. I will buy a pullback to 1.1677 today if the USDJPY moves lower. I will short the first time up to 1.1800.
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.
3-9-07
USDJPY
I am not short 1.1750 because the USDJPY based just below the area leaving no profit zone. I will buy a pullback to 1.1677 today if the USDJPY moves lower. I will short the first time up to 1.1800.
Posted by
Forex Trading Based on Supply and Demand
at
5:05 AM
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comments
3-9-07
USDCHF
If you are still long from 1.2167, move the stop loss to 1.2256.
Posted by
Forex Trading Based on Supply and Demand
at
5:05 AM
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comments
3-9-07
GBPUSD
If you are still long from 1.9231, leave the stop loss at 1.9271 until the GBPUSD rallies past 1.9350. Move the stop loss to 1.9326 if the GBPUSD closes above 1.9350 on the 8:00 AM Central candle.
Posted by
Forex Trading Based on Supply and Demand
at
5:04 AM
0
comments
3-9-07
EURUSD
There were no trades entered in EURUSD yesterday. I will gone long at 1.3100 and short 1.3212.
Posted by
Forex Trading Based on Supply and Demand
at
5:03 AM
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3-8-07
GBPUSD
The GBPUSD has rallied past 1.9325 this morning. Move the stop loss to 1.9271 if you are still long.
Posted by
Forex Trading Based on Supply and Demand
at
2:57 AM
0
comments
3-8-07
EURUSD
There were no trades entered in the EURUSD yesterday. I will trade the 1.3045 to 1.3212 range for today.
Posted by
Forex Trading Based on Supply and Demand
at
2:56 AM
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comments
3-8-07
USDJPY
The USDJPY came down to 1.1600 late yesterday afternoon and sold off down to 1.1554. No trade was entered. I still plan to short 1.1750.
Posted by
Forex Trading Based on Supply and Demand
at
2:55 AM
0
comments
3-8-07
USDCHF
If you are long from 1.2167, move the stop loss to 1.2184. The next target is 1.2229.
Posted by
Forex Trading Based on Supply and Demand
at
2:54 AM
0
comments
3-7-07
GBPUSD
If you are long from the 1.9231 entry yesterday, move the stop loss to entry. Move the stop to 1.9276 if the GBPUSD rallies above 1.9325.
Posted by
Forex Trading Based on Supply and Demand
at
5:47 AM
0
comments
3-7-07
EURUSD
The long entry at 1.3110 was stopped out for a 10 pip loss. The range I am trading for today is 1.3106 for a long and 1.3096 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
5:46 AM
0
comments
3-7-07
USDJPY
There was no entry in USDJPY yesterday. I will trade the 1.1600 to 1.1750 range for today.
Posted by
Forex Trading Based on Supply and Demand
at
5:46 AM
0
comments
3-7-07
USDCHF
There were no trades entered in USDCHF yesterday. The range I will trade for today is 1.2167 for a long and 1.2286 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
5:45 AM
0
comments
3-6-07
USDJPY
The USDJPY long trade from 1.1635 was stopped out at entry on Monday. The USDJPY sold off to a low of 1.1514 and has rallied back to 1.1662. I will buy the first pullback to 1.1600 and sell at 1.1700. I will short the 1.1754 area.
Posted by
Forex Trading Based on Supply and Demand
at
2:20 AM
0
comments
3-6-07
USDCHF
There was no trade entered in the USDCHF yesterday. The USDCHF range I will trade for today is 1.2167 for a long and 1.2286 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
2:19 AM
0
comments
3-6-07
GBPUSD
There were no trades entered in the GBPUSD yesterday. The range I will trade for today is 1.9231 for a long and 1.9421 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
2:19 AM
0
comments
3-6-07
EURUSD
There were no trades entered in the EURUSD yesterday. The EURUSD has bounced off the 1.3071 area of support for the third time and has rallied to a high of 1.3130 this morning. I will buy the first pullback to 1.3110 and reverse to a short at 1.3190.
Posted by
Forex Trading Based on Supply and Demand
at
2:18 AM
0
comments
3-4-07
USDCHF
There was a long entry in the USDCHF at 1.2240 that was stopped out for a 10 pip loss on Friday. Due to the increased selling pressure in the financial markets, we are seeing both dollar based currencies and non-dollar based currencies sell off in unison. I plan on trading from the weekly chart for the USDCHF which is 1.2039 for a long trade and 1.2316 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
12:40 AM
0
comments
3-4-07
USDJPY
The was a long entry on Friday at the weekly low of 1.1635. Move the stop loss to entry, and sell a contract at 1.1752.
Posted by
Forex Trading Based on Supply and Demand
at
12:40 AM
0
comments
3-4-07
GBPUSD
There was a long entry at 1.9503 on Friday morning that was stopped out for a 10 pip loss. The range I will trade is 1.9163 for a long trade and 1.9470 for a short trade.
Posted by
Forex Trading Based on Supply and Demand
at
12:39 AM
0
comments
3-4-07
EURUSD
The EURUSD never reached the 1.3232 area for a long trade on Friday. If it pulls back to 1.3177, go long with a target of 1.3220 to exit and reverse to a short.
Posted by
Forex Trading Based on Supply and Demand
at
12:38 AM
0
comments