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.
Third pair for today is NZD/CHF. It seems to have restested a small retracement highs and it could well go down to restest the lows from a recent down trend even if the trend doesnt continue downwards.
* Description and meaning of all my indicator numbers are given below.
My indicators show the strength consistency of NZD 0.9642 and CHF as 0.9154
The current avg . of the pair is 90
The current % is 28%.
Expected target for today is 0.6336
*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 %.