Hello, Dennis3450 and everyone. I’ve been a silent follower of this thread spanning many, many months. I keep coming back to it like moth drawn to flame because the method of trading using strong/weak analysis resonates deeply with me. This may be my first post here but I’m by no means new to this thread.
I am writing to solicit assistance as regards the method and formula Dennis3450 uses to calculate strength. I made a research but the video that was uploaded here to that effect no longer exists. Can someone help me with regard to the video or file to study Denni’s method? Looking forward to your response.
The method is listed at the start of the thread. It’s the distance from the 200 moving average for each currency vs the JPY on 4H charts iirc. That’s why JPY is always zero.
Basically, I also don’t have sufficient idea about it but what I use is that I use trend lines and back test the market to find out the support and resistance level. I found it somewhat effective.
Any of you that might live in the UK or Euro Zone, please share with us what you see as being the reason for all three European currencies being so strong
If you watch Youtube or any Financial publication, everyone seems to be calling for a major market crash this year. What I have seen over the years is the majority is all most always wrong.
What is everyone’s opinion here, Note, if all of you are picking a crash then I will likely start buying
