Thanks, I know what this thread is about. 
And Iām following it. As a noob, just wanted to know and ask if thereās way I can find out strong/weak rankings by myself (and how). 
OR if any of you use another reliable websiteā¦
i think you have gone through this thread properly. Dennis has a post with a youtube video attached to it. i am on my phone right now or else i would have linked it. so basically dennis calculates everything himself and copies it to his spreadsheet.
do one thing read some earlier posts you will find them. it is interesting.
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Some brokers provide a currency heatmap, which rank the biggest movers since, for example, yesterdayās NY close.
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If I want to know what is happening intraday I have set up this simple watchlist on freestockcharts.com , this is not a FOREX platform so its daily runs from midnight to midnight, which makes it a great tool for tracking the London session, I can look at this at 6 am eastern time and have a good idea where the market is heading at the New York open. The bad thing about this type of trading is you as subject to news driven reversals, so you have to know what is on the event calendar at all times
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Bad week for the Pound, our newest Top Trade short GBPUSD gave us +86 pips first full day as our top trade, Top Trade USDCHF hit another new high as did CADCHF. We will have losing trades sometime this year but let us enjoy this streak as long as it last
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The market pulled back a little on Monday but not before SW trades USDCHF and CADCHF hit new highs
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It may be relevant that London was closed on monday - due to āSpring Bank Holidayā - yes we could still get Bets on, but many of the bigger players will have been away from the office.
USDNZD short was our Top SW Trade from Apri 25 and is back as our Top Trade, what more today USDNZD crossed the + 100 pip mark, making our Top SW Trades a perfect 14 for 14 this year.
Dennis, I get the impression that this year, for your SW system, is a stellar year so far. Statistically how does it compare to previous years?
Hello Dennis. I just came across this thread. Iām learning so much from all the post. Please, how do you get the market closing figures for the currencies you use in your calculation of SW?
Hello twiks,
Iām not Dennis, but Iāll jump in here with my answer to your question.
I have been doing my own Strong/Weak calculations as part of some experimentation Iām doing with Dennisā methodology. Hereās how Iām getting the daily closing prices and SMAās:
Anytime after 5 pm NY time, I will open my 4-hour chart, and scroll through these 7 pairs: USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY, CHF/JPY, and NZD/JPY.
Beginning with the USD/JPY chart, I place my cursor (cross-hair) on the 1300 candle. This candle opens at 1300 (1 pm) NY time and closes at 1700 (5 pm) NY time. Placing the cursor on this candle automatically opens the data window for that candle, showing O-H-L-C prices. The closing price for the 1300 candle is the one I want, because itās the closing price for the day. The chart also displays the closing value for the 200 SMA for whichever candle the cursor selects. I simply record these two prices on paper, and scroll to the next pair.
When I have the 14 numbers I need (prices and SMAās), I type them into an Excel spreadsheet (the way Dennis showed in his VIDEO), and let the spreadsheet do the math.
The platform I use is not the same as the one Dennis uses, so there might be slight differences between my prices and his. Also, I donāt know whether Dennis uses BID prices or ASK prices. Iām using ASK prices. Switching between BID and ASK prices will introduce small differences in the calculated strength figures, but will almost never change the rankings.
Hereās a screen-shot of my USD/JPY chart, showing the prices for today (Tuesday, May 8)
Click the image to enlarge it.
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Thanks so much Clint. Your explanation is great!
[quote=āIVx, post:1323, topic:77959, full:trueā]
Dennis, I get the impression that this year, for your SW system, is a stellar year so far. Statistically, how does it compare to previous years?
[/quote]
Here are a couple videos I did last year first is from July where we were 12 of 14, and later the same year in October I posted this video where we had 12 in a row going, I will let these videos speak for themselves in answering your question. Big difference from last year is in 2018 we have only seen one Top SW Trade top 500 pips, Yes it has been a tough year,
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If you are still holding CADCHF, you had a very nice day
Thanks for the update as usual Dennis. I got stopped out of GBP/AUD earlier, but no complaints here.
More gains for our Top SW Trades and Top Trade GBPUSD* from May 3rd interday crossed the +100 pip mark, becoming the 15th winning trade this year against zero losers
GBPCAD* has become our 16th Top SW trade, we will be going for 20 winning trades in a row counting the 4 trade win streak we carried over from December
Note; if you see an asterisk (*) following a pair that means we are short
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Dennis,
Thanks for sharing this method; Iām yet to get fully up to speed with the background but shall read as much as I can in the short time available to me.So forgive me if this has been answered before; what is the basis of comparing the currencies against only the YEN? Seems fine if trading only against the JPY, but how does it transfer to the cross pairs, as you mentioned the GBPAUD? I have a few basic strength meters and they all say the same, so your answer would really help to clarify this issue for me. Much appreciated for the sharing, thanks.
Edit: no reply yet, so I need to ask this question, why on the 4 hour? As seen on big news days, a lot can change in a few 4 Hour candles, like the GBP cross pairs. I know some CSM constantly update and therefore have recent price movements in the calculations. Thanks
Please do go back to the beginning of the thread and read it.
@Dennis3450 did explain the logic of his choice fairly early and just asking to be spoonfed comes over as rather āshort attention spanā .
Lazy even ! 
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Thanks, for the astute response, yes, thatās me to a Tee 
You probably could have answered it in the time it took you to write that, and help many others out also, but you choose to ridicule and belittle, so showing the true spirit of BabyPips, is that what itās here for I wonder?
O, wait, a pop up message for noobsā¦maybe doesnāt apply to you being so special and allā¦
Does your reply improve the conversation in some way?
Be kind to your fellow community members.
Constructive criticism is welcome, but criticize ideas, not people.
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Thank you for your response.
At the end of the day we are here to learn and discuss.
5,000 people asking the same questions over and over and expecting the OP to repeat his earliest posts over and over, does not help the flow, or indeed the ability of the questioner to do his own research and take some responsibility for his own learning.
If you are not prepared to at least go and have a look, I expect forex is not for you ! 
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