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Can someone fix this currency strength indicator? 37 replies
currency strength meter for daily chart 2 replies
Individual Currency Strength indicator 1 reply
FXGrail - currency strength correlation 2 replies
Derived Currency Strength Indicator from multiple pairs 0 replies
DislikedBANK CURRENCY STRENGTH Since some of you asked me to open a thread on how i use bank positions in my favour, welcome to my thread! Here i will explain how i use bank positions to setup trades. But first, i have to say that it is a challenge not mentioning any paid services. I was warned already. I do respect and understand that. This will keep the existing gap between retail traders and 'the rest' in stand, unfortunately. So, please keep in mind not mentioning any paid services in this thread. Sorry for this inconvenience. Rules: - Keep the thread...Ignored
DislikedNot quite.. I take for example what the banks are buying say from bankersfx or scorpianfx... I then use the contrarian approach to see if retail traders are doing the opposite of what the bankers are buying/selling. Today Monday 30th April banks are selling the AUD/USD but take a look at what retail traders are doing - There buying it. That gives the banks power to drive the price lower. Just think of A tank (the bank) and a Mini cooper... Who will win in a fight. The Tank. Always trade what the banks are doing and you will have greater success.....Ignored
Disliked{quote} Thanks for summing it up i also subscribed to bankersfx to try it out, it's pretty accurate i tend to use it for locating possible trending pairs with bank position and ride the wave at retracement with core volume like buying GBPAUD since asian session, which contribute to more than 70 pips moveIgnored
DislikedCan someone recommend the cheap services that gives you the bank position, like in the first screenshot of the 1st post by the OP?Ignored