Falanca posted a nice strength indicator in this tread look for the strongest or the weakest and look for patterns and draw lines of sup and res on your chart.
Only Gold and silver
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DislikedJust want to share some results of what I have used via Sam's/Paul's advice. I tried this for the first time last night with outstanding results. The following is what I did: At the end of the NY session I looked at all my single pairs (1h charts) and divided them buy trend, up or down. I picked the strongest ones and put them in one BUY basket and one Sell, 1H charts. On each chart I put a vertical line at the daily open and the Asian open. I put horizontal lines at the first and second resistance/support and yellow horizontal lines at the daily...Ignored
Disliked{quote} Thanks Roger7777 to share this trade method. But I have one question, How to find the strongest currency pair from some pairs and decide it up or down? Use eyeballing or indicator? Xiao PengIgnored
Disliked{quote} I don't know where I keep my eyeball... start from asia open I can't see anything except high spread.....pls help me sam. Kopra.Ignored
DislikedI post my last chart here for now ,i dont want to spam this nice tread.I only want to show how I trade the basket. The white lines are not trendline but harmonic moves I mark them for my self the chart shows the strongest pair of the day olmost reacht target. I am sorry for my englisch Thanx seller for this nice EA. Good luck all happy pipping. {image}Ignored
Disliked{quote} It is my broker....asia session spread triple up. reason...low volatility. Kopra.Ignored
Disliked{quote} We pick and choose the pairs we are going to trade at the CLOSE of NY. PO " pending order/s" are placed during Asian Session marking LOW / HIGH or New York close . All orders are closed at the end of London session. Picking the pairs for your basket look at the individual currency (CORE 6 ) 4 Majors / 2 Commodity related pairs, then move on to crosses. For example if you are planning to JPY then you have to look at USDJPY to get the over strength/weakness before you jump into JPY basket. Try creating a manual basket in the order below. This...Ignored
Disliked{quote} I'm sorry due to my stupidity. you have spoken many times about CORE6, pair strength, trend and so fourth. even Roger7777 already explained in his post above.... Maybe I can learn faster by doing it and show you my setup. I'm sorry for troubling you. Thank you for your kind guidance. Kopra.Ignored
Disliked{quote} We pick and choose the pairs at the CLOSE of NY. PO " pending order/s" are placed during Asian Session or before London session marking LOW / HIGH of New York close followed by Asia High and Low . All orders are closed at the end of London session or before . Look at the individual currency (CORE 6 ) 4 Majors / 2 Commodity related pairs, then move on to crosses. For example if you are planning to trade JPY then you have to look at USDJPY to get the overall strength/weakness before you jump into JPY basket. Try creating a manual basket in...Ignored
Disliked{quote} Dear sifu Smknyc (I got confused between sam & paul) Can you pls elaborate more regarding the valid pair with reference to Currency-%Gain? I use to compiled and update all historical Data in weekly or monthly basis to find best correlation pairs to create trading basket & offline chart but yours are totally different. I'm sorry to ask you if this is totally basic knowledge of analysis but I really have no idea how you get these figures. My guess is Currency Strength index...but I think I'm wrong. "CURRENCY - %GAIN GBPJPY - 0.51...Ignored
DislikedSecond days trades: Buy basket = -37pips Sell basket = +218pips Net Profit = 181pips {image} {image}Ignored