(binned per thread starter's request) Currency Strength with cont

Quoting neilsdigest

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{quote} What are you using to make them?.. I get the same thing if I use a windows 10 comp... An apple mac using Chrome or a 10Inch tablet (Android)

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Quoting Botan626

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{quote} Your local time is around 10:55 p.m. right now, right? If yes, the GMT time zone + DST On are the right settings on FF. The diagram will look like this: {image} NY closes at 10 p.m. London time currently and Tokyo starts at 1 a.m.

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Quoting neilsdigest

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{quote} Oh yes sorry I said 12am - So it's 1am London time... It because of when we put the clocks forward in the Summer and back in the winter or is it the other way round LOL.. It takes me ages to get used to the difference.. I wish they would stop doing it.. ;-)

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Quoting neilsdigest

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So the GBP and EUR will go the retail way still.

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Quoting Botan626

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{quote} Now I don't get it... :-))) Both EU and GU have been going up since yesterday and the prevailing part of the community is short. {image} So it is contrary. No?

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Quoting neilsdigest

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{quote} To be honest I haven't looked at it all day... I just cant get the mentality of it... It goes up of which was the retail way and now they are starting to short it.. So if they go short by more then 70+ we will have a new uptrend that might last a while. See what the Tokyo and London sessions do.

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Quoting Botan626

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{quote} Oh ok, nevermind. For me right now there is no reason to close longs. And the community already shorted almost 8,5k GU lots. If only they looked once in a while inside the Recycle Bin on FF.

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Quoting neilsdigest

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Well The JPY is still the strongest.. See Dennis's ratings method in this thread... When it's no.1 it plays havoc with the contrarian method so I renamed it...... The contrarian strength/weakness method. When the JPY is no.1 it always goes the retail way. So the GBP and EUR will go the retail way still. Well hope so ;-) Watch those stop losses they will go after them.

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Quoting neilsdigest

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{quote} What are you using to make them?.. I get the same thing if I use a windows 10 comp... An apple mac using Chrome or a 10Inch tablet (Android)

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Quoting neilsdigest

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{quote} Sometimes I do trade the XAU/XXX but very, very rare.. Yes use it as the strength/weakness until I can get the MT4 script working right. It might take time.

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Quoting neilsdigest

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Well The JPY is still the strongest.. See Dennis's ratings method in this thread... When it's no.1 it plays havoc with the contrarian method so I renamed it...... The contrarian strength/weakness method. When the JPY is no.1 it always goes the retail way. So the GBP and EUR will go the retail way still. Well hope so ;-) Watch those stop losses they will go after them.

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Quoting Marco0978

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{quote} It's true....i noticed also this: before JPY - USD - CAD were the strongest - and the EUR - GBP - NZD the weakest. Now it's happened the opposite EUR-GBP-NZD going up and JPY -USD-CAD going down. It seems a nice game! now i expect the JPY goes back strongest. However guys i took the trade GU. USD hit roof and GBP hit floor. this doesn't mean reversal at once but meanwhile it has high probability that GBPUSD goes up...if we add also the price action daily. Isn't?

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Quoting nozzer

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I think you guys are missing this indicator posted on page 15 post 288 ,I think its the one neilsdigest is on about when hes says about dennis currency strength meter from babypips

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Quoting ea0setup

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started 2 new positions, the GBP postion is an early entry. The AUD was really weak on the last leg down. Still trailing euraud ;-) {image}

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