Hokey Pokey, turn it all around
More pullbacks but compared to the sharp drop in stocks this is pretty mild
Note; Monday is a holiday here in the US and I am taking a long weekend, in fact, I hope to be leaving within an hour, for that reason I am posting my week ending rankings a little early using 2pm market numbers, If I am back early enough I will do a Monday updated otherwise I will be back here on Tuesday
You guys have a great weekend
Hi Dennis. Thanks for your helping us to trade profitably. Please, when you do your SW analysis and enter a trade, where do you place your stop lose?
I am back!
slow day except for a steep fall for the Pound, Stocks took a beating late last week let’s see what the new week has to offer
Sum Ting Wong
Only two days for the Pound to go from first to worst, GBPAUD* is our new Top Trade but this is a pretty weak one, market is correcting
Markets came roaring back today and Top Trade GBPAUD* up big, I was a little doubtful of this trade but I should know by now to never question Strong Weak
How do I identify strongest currencies vs weakest currencies manually
The question is ambiguous; Dennis has already identified the strongest and weakest in the daily postings, or if you mean how do you calculate, the formula has been posted many, many times.
Just scroll back to the start and work your way through the thread; due diligence, hard work, and persistence will pay off.
PS: keep in mind that the strong weak ratings here are fine if your trading outlook is days and weeks long, but if you are a day trader, you won’t be able to do the calculations fast enough. Just go to FINVIZ
Sorry to disturb,when can we calcfulate the strength and weakness of a currency,is it after the close of a trading day or anytime
The question has been asked and answered 100’s of times already.
Just scroll back to the start and work your way through the thread; due diligence, hard work, and persistence will pay off.
PS: keep in mind that the strong weak ratings here are fine if your trading outlook is days and weeks long, but if you are a day trader, you won’t be able to do the calculations fast enough. Just go to FINVIZ
Hi @harnytee , FOK has given you one alternative… The thread below offers many alternatives to find Currency Strength and Weakness Strategies… Manually and Otherwise…
Thanks I like the scalping strategy though,that would be my next question if I haven’t seen this video
if you check finviz site now,does this imply chf is the strongest while nzd is the weakest no matter the figures right
You cannot keep making vague statements, be specific
When you say “the figures” are you meaning the spreadsheet posted here by Dennis?
Yes, CHF has been strong all day and NZD weakest right now.
This is for today only, very short term moves that you can see on the charts.
Nothing to do with “the figures” those are long term, days and weeks until they change.
Everybody know Moving Averages are lagging indicators.
Please read back a few hundred posts and you will find that any question you have has been answered multiple times.
@FOK You remind of a lot of another person that used to be here, his handle is @The_Snowman. @Dennis3450 will definitely remember him.
Only much nicer
Are you or are you not The_Snowman?
big support level coming up … this will be significant
Another big down day , that support is being tested, AUD should remain strong through the rest of year, GBP is a ?,