USDCHF 5-23-07
5-23-07
USDCHF
The range I am trading in the USDCHF for today is 1.2272 for a long trade and 1.2377 for a short.
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.
5-23-07
USDCHF
The range I am trading in the USDCHF for today is 1.2272 for a long trade and 1.2377 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
1:38 AM
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5-23-07
USDJPY
The range I am trading for today in the USDJPY is 1.2158 for a long and 1.2320 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
1:37 AM
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5-23-07
EURUSD
The range I am trading for today in the EURUSD is 1.3383 for a long and 1.3501 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
1:37 AM
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5-23-07
GBPUSD
The range I am trading for today in the GBPUSD is 1.9715 for a long and 1.9847 for a short.
Posted by
Forex Trading Based on Supply and Demand
at
1:35 AM
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5-20-07
USDJPY
My last trade in the USDJPY was a long trade at 1.2096 that was stopped out with a 10 pip loss after entry. The USDJPY reached a low of 1.2082 before the move higher to 1.2140. I will trade the first pullback to 1.2086 long for my next USDJPY long trade, and 1.2180 short for my next USDJPY short trade.
Posted by
Forex Trading Based on Supply and Demand
at
7:42 AM
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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.
Posted by
Forex Trading Based on Supply and Demand
at
7:38 AM
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5-20-07
GBPUSD
My last trade in the GBPUSD was a long trade at 1.9700 which is still open. A partial profit was taken at 1.9770. My stop loss is at entry on the balance of the position. If the GBPUSD rallies past the 1.9775 area, I will move my stop loss to 1.9749.
Posted by
Forex Trading Based on Supply and Demand
at
7:37 AM
0
comments
5-20-07
EURUSD
My last EURUSD trade was a long at 1.3500 that was stopped out at 1.3511 with a 10 pip trailing stop. I plan to go long at 1.3484 and short at 1.3573.
Posted by
Forex Trading Based on Supply and Demand
at
7:36 AM
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