hyperscalper
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Most Forex traders focus on Trend Analysis of Currency Pairs.
But we know that these relationships are based upon the underlying
strengths of Currencies themselves.
I've done R&D for years on such ideas, and determined that having
the ability to do Trend Analysis on Currency Strengths is the best
basis for choosing good Currency Pair trade setups.
The London Open is the single biggest daily move, in general,
and has the distinct advantage that it is always a "known" and
predictable event.
Therefore, prior to the London Open, in the 1-2 hours prior to the
event, we are able to choose "high probability" pair relationships
which we can "fade". We need a history of each Currency strength
in order to do a crude "trend analysis" for each Currency, and to
see the Currency relative strengths, of course, as shown.
Example shown predicts SELL GBP/JPY as we "fade" the strengths
of each GBP (which may drop) and JPY (which exhibits a "hook"
downwards setup, and may rise).
Now, it is unlikely this trade will go much against you if you are
wrong, but there is a higher probability it will go your way.
An 80-100 PIP move took place, so this illustrates a method of
choosing Currency Pairs, based upon stable data on Currency
Strengths.
HyperScalper
But we know that these relationships are based upon the underlying
strengths of Currencies themselves.
I've done R&D for years on such ideas, and determined that having
the ability to do Trend Analysis on Currency Strengths is the best
basis for choosing good Currency Pair trade setups.
The London Open is the single biggest daily move, in general,
and has the distinct advantage that it is always a "known" and
predictable event.
Therefore, prior to the London Open, in the 1-2 hours prior to the
event, we are able to choose "high probability" pair relationships
which we can "fade". We need a history of each Currency strength
in order to do a crude "trend analysis" for each Currency, and to
see the Currency relative strengths, of course, as shown.
Example shown predicts SELL GBP/JPY as we "fade" the strengths
of each GBP (which may drop) and JPY (which exhibits a "hook"
downwards setup, and may rise).
Now, it is unlikely this trade will go much against you if you are
wrong, but there is a higher probability it will go your way.
An 80-100 PIP move took place, so this illustrates a method of
choosing Currency Pairs, based upon stable data on Currency
Strengths.
HyperScalper
Last edited:
LOL