Just wish to share 2 trades which were entered based on supply and demand technique taught by Mr Benny Liang.
This was a UsdCad sell limit trade, based on supply and demand. The structure & location of the price level were checked before entering the sell trade although the trend of the price level was up trend at that moment. Here's another trade.
This was a CadJpy buy limit trade. Similarly, based on supply and demand. Location was also checked.
Took some profits off the table from both trades since the next day would be US non farm payroll announcement - which might cause big reactions to the positions.
Thanks,
Tony Chai
