Prabhu.Ram
Long

Top 5 of the day 2) EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
57 0 0
Hello traders!

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 EUR/USD             .

* Description and meaning of all my indicator numbers are given below.

EUR strength consistency 0.8958

USD strength consistency 1.2484

Expected daily targe
1 1.1241
2 1.1271
3 1.1302

Switching point 1.1201
Invalidation point 1.1152

Avg Volatility : 120
Volume % : 37.8%

*Strength consistency is a calculated value of strength for each currency. Closer the number to 0, stronger the currency.
Avg. volatility : It is the estimated high to low ratio of a currency pair calculated over some specific number of days for each currency pair.
Volume % : It is the % movement of the pair on the current day with reference to the Avg. Volatility.
Expected target is calculated based on the Avg volatility and currency volume %.
Switching point is the suggested entry price for optimum coverage
Invalidation point is the suggested S/L


Along with the signals from my indicators, there is strength in EUR across the board and this could well translate into deeper upward retracement. This trade suggestion is a continuation from yesterday and we could well see the moves happen today.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out