I will be introducing a new system of trading on this page from now on.
I will be proving the 5 most tradable pairs for the day everyday with some proprietary indicators' results.
Second pair for today is CAD/JPY . It is looking to retest the recent highs at 101.15
* Description and meaning of all my indicator numbers are given below.
My indicators show the strength consistency of CAD 1.1861 and JPY as 1.4769.
The current avg . of the pair is 77
The current % is 23%.
Expected target for today is 101.15
*Strength consistency is a calculated value of strength for each currency. Closer the number to 0, stronger the currency.
Avg . : It is the estimated high to low ratio of a currency pair calculated over some specific number of days for each currency pair.
% : It is the % movement of the pair on the current day with reference to the Avg . .
Expected target is calculated based on the Avg and currency %.