elias mazariegos
Member
First, there was supply and demand
In economics, supply and demand is a model that explains the formation of prices in a market of free competition. The prices of the goods are established at a point where the quantity demanded by the consumer is balanced with the quantity supplied by the producer.
The constant change of supply and demand of currency pairs is what Forex charts represent. The philosophy of the balance of prices is key to understanding how Forex Trading works, since all the world's economic events are relevant to the market but only insofar as they influence the supply and demand of the asset.
In economics, supply and demand is a model that explains the formation of prices in a market of free competition. The prices of the goods are established at a point where the quantity demanded by the consumer is balanced with the quantity supplied by the producer.
The constant change of supply and demand of currency pairs is what Forex charts represent. The philosophy of the balance of prices is key to understanding how Forex Trading works, since all the world's economic events are relevant to the market but only insofar as they influence the supply and demand of the asset.
