Just a couple of hours into the new trading day and we have follow-through, The risk-on trade is alive and well
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Great to be in sync with you guys 
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Hi @kylehjones92, no, that script I wrote and template design is for the Ctrader Platform…
A similar Indicator is available for MT4/5 and TradingView.
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Thanks @Trendswithbenefits, I’ve seen a lot of variations of currency strength indicators on tradingview. Do you know the name of the one that’s similar to this strategy?
What happen to our risk-on trade, today is looking more like a reversal, DOW is still hitting new highs as the Nasdaq has not hit a new high in over a month.
I suspect what we are seeing is a rotation into underperforming assets, this could be both value investors and the Fed backing the market, The Nasdaq will rise again and so will our risk-on trade, it just may take a bit longer
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By days end only the USD was positive and every other currency has a similar reversal candle as the CAD
Strong Dollar and endless money printing by the US Fed, can the world be anymore upside down
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Very little change for the week and Friday saw a weak follow-through in Thursday’s reversal so this may be nothing more than a normal pullback, Monday should ad clarity
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I’m certainly hoping so. I lost a few positions towards the end of last week and the remainder are mostly negative right now but my TA still says the same things - buy CAD, GBP, AUD, sell JPY, CHF, EUR. So I have to hold on through this…
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After a negative start most Yen pairs finish near their opening price with CHF having a big day, I am thinking more losses for the yen in the days to come
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Opportunity awaits, but one needs to get some sleep.
The spirit is strong, but the machine is weak.
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All red for our Yen pairs, the Yen has been weak for a long time, it may be over due for a rise to #1
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Luckily I got an earlybird ticket.
Ugly day for Yen pairs, no worst than NZDJPY, but SW tells us CADNZD is the play, not a pair I normally play but I will be tracking it using today’s close as the entry point
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CADNZD up 60 pips on its first day as our top trade
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Thankyou – just been directed here and looks good
It is safe to say the Currency markets are just as confused as the rest of the world
we have two commodity currencies as our top trade and our safe haven currencies are 2.60% apart, this is not normal folks, or is this the “New” normal
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I don’t trust AUD and NZD to immediately continue weak against CAD and USD. I’m hoping to get long CAD and USD but against the CHF, EUR and GBP. Might have to revise this after the week shows which way things are going to go.
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