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Practical Trading-strongest Vs Weakest Technique
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Old 05-06-2007, 02:27 PM
PERSEUS PERSEUS is offline
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Thumbs up Practical Trading-strongest Vs Weakest Technique

THE EQUATION IS VERY SIMPLE:


if USD is stronger than EURO and EURO is Stronger than CHF while CHF is stronger than JPY then what do you think will happened if you pair USD with JPY? This shall apply upon strong market movement to maximize profit and assure that you are in the best currency pair...

Here is how you will do it: set-up four charts on your screen (Saxobank chart- if possible) in daily timeframe with this pair on your first two charts (EURO/
CHF and USD/JPY);
You pair the Stronger Currency at the (EURO/CHF ) with the Stronger Currency at the (USD/JPY) and weaker currency to the other two extra charts..

Ex. if EURO is stronger than CHF and USD is Stronger than JPY
at the remainig two charts pair EURO/USD so you will get the strongest currency at that moment (indicating demand is high worldwide) while on the other chart pair CHF/JPY so you will get the weakest currency (demand is low) to get the weakest currency.

if the strongest is USD and the weakest is JPY then go Long (Buy) USD/JPY....




have a nice trade fella's











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