Tradinggrouptw

Dec 15 Daily Currency Strength (Pre-Asian Opening)

FX:EURUSD   Euro / U.S. Dollar
1220 13 20
One of the biggest reasons 98 % of traders lose money in forex is because they don’t know what currencies are strong respective weak. Knowing the strength of a currency will dramaticly help you on the way to become a world class trader, you will never look at the market the same once you have fully understood the importance of currency strength.

http://www.tradingwhales.com
It's working. That's all I can say.... :-)
+2 Reply
:) as long as it works friend, roll with it, all that matters...
+2 Reply
Agreed, heat map and 100% Fundamental + 100% Technical understanding----master those, you got it...just plan on many hours/days of study and practice...and it's worth it...
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I must be missing something.. The chart is blank.
Reply
HexVex HexVex
OK I got it. It's the numbers. It's not poss to chart these?

+1 Reply
Hi Carl,

I was just trying to figure out how you derive with the figures of +3 for JPY. Please correct me if i am wrong

EUR/JPY +1
USD/JPY 0
AUD/JPY -1
CAD/JPY -1
NZD/JPY 0
GBP/JPY +1
CHF/JPY +1

i only manage to get +1 instead of +3

Hopefully you can help me out!

Thanks a lot
Reply
Tradinggrouptw junboon.poon
i re-checked my charts and its +3 (+2), our numbers might difference depending on broker. Example AUD/JPY is +1 not -1, remember: if the price is going down on aud/jpy its +1 for jpy.
Reply
junboon.poon Tradinggrouptw
O... Okay! So if both MA shows upward, AUD will +1 JAP will -1, the reverse is true as well?
Reply
Tradinggrouptw junboon.poon
Correct, if both MA.s are pointing UPWARDS on AUD/JPY = AUD +1 and JPY -1, simple as that :)
Reply
junboon.poon Tradinggrouptw
Thanks!!
+2 Reply
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