The most violent element in society is IGNORANCE
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
DislikedToday testing SFX is going well for a Monday. Still early days, so we will see. Need to figure out when is a good time to exit and take profits. {image} {image}Ignored
Disliked{quote} Since these are Weekly Signals I'm curious when is a good time to enter and exit also. I know that they are basing their trades off of FA but I would assume that you must use your own TA for entry and exits. I also am trying to find a site that shows "Average WEEKLY ranges" for all forex pairs. This might help us with our SL's and TP'sIgnored
Disliked{quote} Where do you find out what the retail traders are doing? I know there are tons of trading sites out there, just curious where you're getting your info?Ignored
Disliked{quote} Hi I'm curious as to how one can find out the true fact about which way the banks are positioned. How long have you been subscribed to those services (bankersfx and scorpionfx)? Are you very happy with the info provided?Ignored
DislikedHi, I personally have Eikon, which helps me with real time FX data, the issue in Eikon is that the data overwhelming, as it's way too much to go through. Data will only help you with the fundamental analysis part, the technical analysis is up to. For success in Forex, you have to be good with fundamental and technical, just technical won't help achieve success in forex. Just my $0.02. I am strictly a day trader. I did contact EFX, and according to them "We define Short-term trades with those with stops up to 100 pips." For me 100 pips stops is definitely...Ignored
Disliked{quote} https://www.myfxbook.com/en/community/outlook - The volume is more important then the percentage though. You need high volume. The bigger the volume the better that is opposite what the banks are buying/selling. I keep track of the volume to see if it is rising or falling. Myfxbook uses REAL accounts in there data and not any demo accounts so it is reliable.Ignored
Disliked{quote} I use 5000 lots or more.. The more the better.. I will be away now until Tuesday night (U.K time) All the best with your trades and mega pips ;-)Ignored
Disliked{quote} Wow! One would certainly need to make the right call on direction when one is staking that much!Ignored
Disliked{quote} Wow! One would certainly need to make the right call on direction when one is staking that much!Ignored
DislikedSo at this time I am not joining and don't recommend that you do. But it's up to you. The Method Scorpionfx cover the 8 following currencies: USD, JPY, EUR, GBP, CHF, AUD, NZD and CAD. And For this upcoming week, our research concludes the following as the EXPECTED relative-performance for these currencies. You can go to their website on a Sunday before the markets open and get there trades or sign up by email and you get an email with just the trades on a Sunday evening. Or Monday morning depending on your time zone. I'm in the Wet and cold U.K....Ignored
Disliked{quote} Results so far with similar strategy using sfx, BankersFX and myfxbook data. This is still my demo acct. {image}Ignored
Disliked{quote} Results so far with similar strategy using sfx, BankersFX and myfxbook data. This is still my demo acct. {image}Ignored
Disliked{quote} I suggest still trying out it in a live account is the real deal, as pull backs always happens before continuing the trend, correction happens, and it has effects on the margin level. Many open big lot size trades thinking the trade will go to their desired direction, but never consider pull backs which can drastically affect the margin. So money management is key, which one can learn only through a live account.Ignored