I posted in awhile ago but seems to be a lot of new users, if you want a chart version that shows this indicator graphically (and allows you to see at a glance when currencies are gaining or losing strength) I created one on TradingView. Just search for the indicator called Relative Strength v JPY or you can find it at https://www.tradingview.com/script/3LoiU6iP-Relative-Strength-v-JPY/.
You’ll need to open it on a 4H timeframe and expand out the indicator pane to see it.
Top Trade EURUSD gives gave us a classic reentry at the 200 ma on the one hour chart, GBPUSD is looking like the EURUSD and should be moving higher after a pullback
Keeping my eye on EURUSD we had second testing of the 200 ma on the 1hr chart, now if we can get that 1hr close above 1.8000 I feel good about this going higher
GBPUSD is now positive after the pullback
a little more consolidation, GBP and EURO look ready to break higher
I hope you own some silver,
Instead of getting our breakout move we saw both Euro and Pound pullback against the dollar, My normal charting service is down for maintenance so I can’t update my rankings but these two charts below should tell the story.
Note; I will be traveling this weekend and into next week, my next update to this thread will be Wednesday
Safe travels
I am back, it does not look like a missed much as we consolidate
Here is where we stand compared to Friday, Top 3 and Bottom 3 have not changed
hi Dennis,
This is silver h1 chart, as it has strongly broken 200sma in h1 on 11/08/20. So we have to wait to buy near h4 200sma or sell near 200sma h1. Or i am missing something.
Hey Dennis,
I cobbled together the SW Ratings and Rankings for last week (when you were away).
The numbers are correct — they’re your numbers, just copied and pasted together.
New Zealand has finished it’s 3-week fall from #1 , both EURNZD and GBPNZD look interesting
No big changes, top three and bottom remain the same, Top Trades EURNZD and GBPNZD are positive and up in early Monday trading
acc to dennis, eurnzd and gbpnzd already have given signal on 3rd aug 20. Only psycology to learn with this method is “PATIENCE”. (not small amt but huge 
) Hats off Dennis.
Absolutely…
