Is the currency strength meter really an invaluable tool in forex trading and why? please i will appreciate your opinions, thanks.
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well in my opinion it really look like daily percentage or like kinda heat map to me, it might give an idea to some trader who knows how to use it like to measure the trend reversal etc , for me its useless…
U trend trader so you use mostly trend trading tools like moving averages and follow the trend, thats it?
well im not really trend trader but yes i follow the trend , ema and bollinger band is my fav tools but i still use S&R as my prior to to determine the trend reversal etc …
Ok thanks, what win rate will u rate this strategy?
no i dont know the exact win rate, to me its all depend how you interpret everything you know on the chart… well i will say yes it work perfectly fine for me …