Hey, for some reason I cannot wrap my mind around the sequencing to placing all the orders required in BUY/SELL fashion.
Do you look at each % on the calculator...?
For example (using indreks approach)
He traded last night based on previous 10 days range. here is what I got:
CHF7.35% Sell any available currency that is competing vs CHF?
USD2.65% Sell
GBP2.18% Sell
JPY1.13% Sell
EUR0.90% Buy
CAD-1.85% Buy
NZD-5.11% Buy
AUD-5.93% Buy
So what do you do? Do you start from the Top and Sell any pair that has CHF as the base pair (GBP/CHF, USD/CHF etc...?)
So what do you do when you get to the NEG currencies? Do you Buy any pair that has CAD, NZD or AUD as the base pair?
Also, indreks largest single pair profit was on AUD/JPY (Selling it) But seeing as how CHF & AUD were the polar opposites, wouldn't that have been the one to run the farthest? In fact on the chart of AUDCHF it dropped from Midnight on the 8th over 540 pips to the low @ 2100 on the 9th. WOW...so should we looking for the 2 polar opposites to trade?
Alot of questions I know,
Do you look at each % on the calculator...?
For example (using indreks approach)
He traded last night based on previous 10 days range. here is what I got:
CHF7.35% Sell any available currency that is competing vs CHF?
USD2.65% Sell
GBP2.18% Sell
JPY1.13% Sell
EUR0.90% Buy
CAD-1.85% Buy
NZD-5.11% Buy
AUD-5.93% Buy
So what do you do? Do you start from the Top and Sell any pair that has CHF as the base pair (GBP/CHF, USD/CHF etc...?)
So what do you do when you get to the NEG currencies? Do you Buy any pair that has CAD, NZD or AUD as the base pair?
Also, indreks largest single pair profit was on AUD/JPY (Selling it) But seeing as how CHF & AUD were the polar opposites, wouldn't that have been the one to run the farthest? In fact on the chart of AUDCHF it dropped from Midnight on the 8th over 540 pips to the low @ 2100 on the 9th. WOW...so should we looking for the 2 polar opposites to trade?
Alot of questions I know,