In today’s supply and demand Forex analysis, I revisit the JPY cross-pairs after the big move we saw when Japan elected its new Prime Minister. During that week, most yen pairs opened with noticeable gaps, and, as I mentioned in the previous analysis, gaps often create fresh supply and demand imbalances that define the next...
Today I’ll show you, once again, why supply and demand govern all markets, and why price action—pure and simple—is still the most powerful trading tool you’ll ever use.We’re looking at Smith & Wesson Brands, SWBI, and you’ll see two weekly imbalances created and respected as if the chart were whispering: ‘Follow the big boys… forget...