No video this week as I am about to leave on vacation, so this will be my last post until next weekend, here are my latest SW rankings, as you can see not much changed from last Friday, EURO and Yen swap places and rest of the market just tighten up. EURAUD is a new TOP SW Trade. But if you are already playing EURNZD you may not want both as they are about the same trade. EURO remains top currency YTD, not that the Euro is doing that great it is just that everyone else sucks more.
Everyone have a great week, don’t make any trades I would not and I will catch you in a week
I am not doing a whole lot of Forex trading right now as most of my attention has been on Bitcoin, just today we saw Bitcoin blow throw 12,000 then 13,000 and now is about 14,000 this is the most insane price run I have ever been a witness too.
Top Strong Weak Trade GBPAUD did give us over 300 pips for the week, other then that not a whole lot happening in Forex as most everyone is looking at Bitcoin
We have a new sheriff in town as New Zealand goes from worse to best, NZDCAD is our new top SW trade, not one I normally trade but I will track it at today’s close price
This is just mind blowing… I’m new here. I just had to make an account just to say thank you. Been following the Top versus bottom for three days now and won everyone. Mega pips…
One thing is though just because say GBP is the top and Aud is the bottom as it has been doesnt mean the GBP will go up. I have been using a custom currency strength meter to alert me which one is weak and which one is strong.
Even when the GBP was the highest and AUD the lowest. My currency meter alerted me to a big down day… Well yes it did. The AUD was alot stronger that day to the GBP.
I take Dennis’s top and bottom and wait until one is very strong and the other very weak.
What amazes me is that the pair either up or down is one of the biggest movers on the day. Well so far as been testing it.
Just amazing and massive thanks Dennis. Now I can just have one trade a day but with a high success.
Top SW trade NZDCAD scored 94 pips on its first full day as our Top Trade, good start as it has been a long time since we had a fresh new trade to talk about
I’ll add another thumbs up too Dennis.
I’m sure there are more than a few newbies grateful for the heads up your work delivers.
At the very least it offers them a focus point to further develop their awareness & preparation skills.
Coincidently one of the op’s was discussing the New Zealand Dollar in relation to the CAD + 2 other strong performers in this thread 2 days ago, remarking that exponents should have had that at the top of their hit list for a while.
I’ve dialled back through your thread Dennis & cross referenced the recommends from that one where applicable, & more often than not you’re both usually in agreement with at least 2 or 3 top performers.
No trade for myself today on the NZDCAD so far. The CAD has slightly more strength today then the NZD.
NZD = 32.2% Versus CAD = 56.4% - No trade until one is above 70% and other below 30%
You need a lot of patience in forex though and its time will come.
