Is this auto compute or manual?
You used the formula:
(Closing price of daily chart - ‘Current price of 200 SMA’ of every 4 hrs)[B] / [/B]Closing price of daily chart
Correct me if I’m wrong?
I’m amazed of your strategy because its different in other “Strongest/Weakest analysis”. Some traders used Multi-TimeFrame with different approach like calculating pips but I’m still contacting the author of that post in other forum site to learn how he calculate that.
[QUOTE=Mamaril;787870]Is this auto compute or manual?
You used the formula:
(Closing price of daily chart
Yes manual using excel
I use the 200 sma off the 4hr chart, and try to do my rankings close to 5 pm so to get a true end of the trading day number. There are many ways to do a strong weak, as far as I know I am the only one doing it using the Yen as my common denominator. Strong/Weak analysis is a tool, I also us technical analysis over weekly, daily, 4hr and 1hr charts. Bottom line I am looking for trend and trades that I can stay in for weeks sometimes months. No day trading here
It is getting crowded at the top.
Here is my weekly market review video,
Good day for AUD, bad day for GBP
Surge in USD and Euro today
and remember what I have said about waiting to buy Yen when it is weak, we are getting to that point
rank order little change from yesterday
Getting ready for the storm, expecting 100 mph winds here in Orlando
USD takes over #1 for first time since late July
Yep I am in Jax not to far away going to get nasty. Stay safe man looks like it is getting really close to you.
It stayed offshore so not so bad here, windy but only an inch of rain over night, a summer thunderstorm is far worse then what we have seen so far. It is looking good for you in Jax as it looks to stay well off your cost. I am sure there will be lots of damage right along the cost line
Not to bad in my area but it did some damage. Bunch of trees down and no power. Up by the coast got banged up pretty good especially St Augustine. Got some winds gusts over 100 mph but all in all could have been much worse for sure
Here is my weekly market review video
AUD regains the #1 spot as US stocks rally, GBP is trying to find support
Dollar strength as US stocks pull back
No change in rank order but #1 USD did pull back some
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No Change in rank order from Friday,
Trade setup in USDCAD
Monday price in the USDCAD test and reject the daily 200 ma. This is setting up for a move lower if we can get a 4 hr candle close below 1.3127 then a move down to 1.3000 would look likely
