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Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)
So you can no see that the real strength goes to GBP instead of NZD, and the biggest weakness to CHF. so using this tool can correct the reliability of your strength indicator. i am still studying this indicator
1. on the 3rd quadrant, EURUSD IS above the zero line in the positive, it then means USD WILL BE WEAK, and EUR pairs will be strong. so u go to the left quadrant and pick a pair to trade. (you need a good strength indicator to filter the pairs) so it means throughout that day euro pairs would be...
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Read my previous posts i have shared all i know about this indicator. I just discovered one good thing about the indicator just now and it goes like this
This is not a difficult tool to learn, it is easy. I understand it fully. this tool is not a standalone indicator, for you to be successful u have to also know your chart technical analysis as well. get a good system, then u would know why he made a profit in some and the reason why he made lots...
Lol. The tool is Great. An indicator is great only when the user knows how to use it. it becomes useless when you don't know how to use it. I tell you, this indicator is a very good indicator. its a must on my chart when i am trading.
The secret about this tool Lies on the EURUSD, which is the 3 Quadrant. if its below, eur will sell and USD will be strong. monthly, weekly shows you the trend of EUR and USD, since all pairs are mostly crossed with this.
Lolz. Dude prices change, learn to live with that. If u are looking for a perfect indicator, u won't ever see such. So learn to move along with the price, that is how u trade. If price stops, u stop, if it continues, u continue along.
Though I won't consider that as a flaw, in trading it important you trade what you see. The indicator is not wrong, because from the chart it tells that though USD is stronger than EUR, EUR is actually stronger then CHF, NZD etc. this was After the NFP today
Exactly that is why I said that. I stayed several times that this indicator should not be used as a stand alone indicator. You do need a your technical analysis as well as a good CSM for confirmation.
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