GBPUSD 5-17-07
5-17-07
GBPUSD
I am going to go long at 1.9700 for my next long GBPUSD trade and short at 1.9916.
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.
5-17-07
GBPUSD
I am going to go long at 1.9700 for my next long GBPUSD trade and short at 1.9916.
Posted by
Forex Trading Based on Supply and Demand
at
4:23 AM
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5-17-07
EURUSD
I am going to go long at 1.3500 in the EURUSD for my next long trade and short at 1.3573.
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Forex Trading Based on Supply and Demand
at
4:23 AM
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5-17-07
USDJPY
I will trade long the first pullback to 1.2096 in the USDJPY with a target of 1.2160 for today to exit and go flat..
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Forex Trading Based on Supply and Demand
at
4:22 AM
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5-17-07
USDCHF
I am planing to trade the 1.2184 to 1.2280 range in the USDCHF for today.
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Forex Trading Based on Supply and Demand
at
4:22 AM
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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.
Posted by
Forex Trading Based on Supply and Demand
at
1:14 AM
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5-15-07
USDCHF
There were no trades entered in the USDCHF yesterday. I plan to trade the 1.2118 to 1.2250 range for today.
Posted by
Forex Trading Based on Supply and Demand
at
1:13 AM
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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.
Posted by
Forex Trading Based on Supply and Demand
at
1:13 AM
0
comments
5-15-07
EURUSD
A short trade in the EURUSD was entered this morning at 1.3556. A 10 pip trailing stop will be used since the EURUSD based near the entry price. The first target is 1.3521.
Posted by
Forex Trading Based on Supply and Demand
at
1:12 AM
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comments