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- stringfx replied Jun 23, 2023
Can you please post some charts on how you determine the strength of each pair? or even each currency.
Currency Strength
- stringfx replied Sep 16, 2022
I have been using this EA on a demo account for a couple of days now. On the whole it can be a profitable EA but trend direction on 3 smaller time frames does not do much justice. So i have looked at a longer term trend like 'daily' and have put the ...
SuperTrap4level
- stringfx replied Jun 29, 2022
I got a green bar on awesome today. Now to wait until end of day to see if the bar will remain, if it does, i will sell gbp/usd, nzd/usd and buy usd/jpy a whole lot.
USD/JPY Discussion
- stringfx replied Jun 28, 2022
On that note this is my DXY chart that i am following, this is purely technical speculation, so i know the fundamental geeks will have a problem. I have a green on my accelator and waiting for a green bar on awesome.. plus 38.2 fibs (although early ...
USD/JPY Discussion
- stringfx replied Jun 28, 2022
Yes you could be right . on weekly we can see a good divergence forming on RSI. it could go down for a 1000 pip to 126 for a correction. but there is still a 100 pip to the upside... why lose that :-)
USD/JPY Discussion
- stringfx replied Jun 28, 2022
maybe you have not used it the way it is supposed to be used but then everyone has their own opinion. as mentioned before there is no right or wrong in forex.. all that matters is making money against the banks and hedge funds. fibs fractals and EW ...
USD/JPY Discussion
- stringfx replied Jun 28, 2022
Jpy is very weak ... pair with any major currency and buy. you are looking good for a couple hunded pips. use fibs and fractals to calculate target. set it and look at it on friday close. out of all chf,cad and usd will give you maximum.
USD/JPY Discussion
- stringfx replied Jul 24, 2021
Hi, This is my view for this week . According to me, Dollar strength is not yet over. Most probably this wave of usd index can turn down this week for the much awaited B wave. I was expecting some buying in other currencies and selling in dollar ...
Elliot Wave Analysis
- stringfx replied Jul 19, 2021
EID Mubarak to all the Muslims in here .... A lot of consolidation is taking place on H4 and D1 timeframes pertaining to EUr/usd and USD index. Those of you with Macd 5,35,5 or Elliott wave oscillator would have seen a wave 5 completion in h4 of ...
Elliot Wave Analysis
- stringfx replied Jul 16, 2021
The B wave on usd index has not yet started. so have patience. we are still not sure if wave 5 on daily TF ( up) is over and done with. Once it crosses the 4th wave of the 5th wave, we can be sure. there has been a lot of consolidation from the time ...
Elliot Wave Analysis
- stringfx replied Jul 6, 2021
Yes it is . didn't know that in the morning but now it does look like a 2nd wave.
Elliot Wave Analysis
- stringfx replied Jul 6, 2021
At the moment looks like a good place to buy eur/usd, gbp/usd and sell usd/cad and usd/chf . Next should be a 5 wave down move ...
Elliot Wave Analysis
- stringfx replied Jul 6, 2021
Gold in my honest opinion has also reached some resistance for the time being. but this is a beast and be careful trading this. i am going to wait for this to come down to take a buy from 50% retracement onwards. i don't want to sell this for the ...
Elliot Wave Analysis
- stringfx replied Jul 6, 2021
At this moment in time, if you notice, although dxy has hit the 161.8, eur/usd has not reached there yet. so most probably dxy will be ranging up and down in small phases, so that euro can get to 161.8, maybe some fundamentals also can help, i ...
Elliot Wave Analysis
- stringfx replied Jul 6, 2021
Dxy seems to be moving down nicely. On a 15 minute chart, we might be hitting some support now. so i have taken out some profits and will wait for some higher prices in dxy to get in again. 92.20 is 38.2 i will try to get in somewhere there and if ...
Elliot Wave Analysis
- stringfx replied Jul 3, 2021
Still same view - Yes, because as said before, we are on a correction uptrend in DXY which is inversely correlated with Eur. I am quite positive that the A wave of the dxy correction is over with that huge 4 hr candle down during NFP, so that means ...
Elliot Wave Analysis
- stringfx replied Jul 3, 2021
There is no value for the fractal. If you are using MT4, then it's a built in tool. On your Chart, go to Insert, then go to indicators, then Bill Williams, then choose fractal. If you are using any other charting tools, just search for it. It is ...
Elliot Wave Analysis
- stringfx replied Jul 2, 2021
well, it seems like dxy could not reach 61.8 as mentioned in the last post. it was satisfied with 38.2 extension . Now i am pretty sure this is a B wave going down to 50%. The only thing about B wave is it's unpredictability . seems to have around ...
Elliot Wave Analysis