Knowing which currency is the strongest and which is the weakest is the best way to trade and be successful
Have been trading for 4years now and last year when I started making use of the currency strength index I started making more profit and it makes my trade more easy
Huh, it has never occurred to me to try it this way, thank you for the advice!
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You are welcome sir
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Right, If one can learn the very basic steps of the trading then he can make a good amount of profit without taking much high risk.
That makes sense but what is your methodolgy? The complexity of the fundamental factors involved in currency speculation plus the correlations that result are a bit too much for me to understand let alone try to forecast.
Thats why I avoid fundamentals especially in forex and simply allow price to speak its truth as opposed to “projecting” based on fundamentals.
Thats just simply beyond me.
Any insight you are willing to share would be much appreciated.
Cheers.
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