The colors are great, but the left will always be green, and the right always be red; with individual currency color, progression from weak to strong can be seen easily.
JPY + CHF strong is risk off, isn’t it?
The colors are great, but the left will always be green, and the right always be red; with individual currency color, progression from weak to strong can be seen easily.
JPY + CHF strong is risk off, isn’t it?
I have been following this thread for a few years now and has been very useful to me.
I am really interested to compute the SW spreadsheet myself, is there a code for this to track/ compute the SW?
Thanks in advance
yes ur correct would u mind sharing ur base sheet? i would love to analyze the data back for patterns in combination with rate cuts/hikes and general fundamentals
and also in combination to 100 and 200 daily emas
Not much change. Low volume yesterday.
August Bank Holiday in the UK.
hello everyone i came across this thread the day when Dennis announced that he will be absent and is going for hike. don’t know if that was a bad omen for me.(to not trade). . but anyway i went through the thread from the beginning to understand how it works. and I got it.
When i was going through the thread, i saw that the strong weak really give you some pips).but its been like two weeks and the strong weak is not doing any thing. So I wanted to ask some senior traders here that is it me as newbie feeling that market is not moving? and is in like consolidation phase? or is it really like that. Like what is Happening?
Thanks
More Pips to you all.
You just joined August 4, 2024.
Have you completed the BabyPips FX School?
Assuming that you also just started trading, this is not the thread for you, IMHO.
Signals are few and far between; there are no definite rules, so there is no defined system here.
Good Luck
Agreed with FOK, do the BabyPips FX School and develop your own system.
The SWA analysis isn’t a strategy it’s merely a barometer to help frame your trade.
I try and trade in the direction of a short-term trend (days to weeks) using standard TA, and the SWA analysis is one of the tools I use to see where the buying / selling pressure is focussed.
The table helpfully posted by @Emorgan90 is a very “normal” currency table. So what is “normal”? -
Be cautious of a table which does not reflect these associations, especially if your trades are anti-normal as a result.
Going on holiday now for few weeks so won’t post SWA
USD weakness continues, still some big news these last 2 days of this week.
The USDJPY according to my way of monitoring this method.