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  • #1,172,421
  • Jun 11, 2020 10:09pm Jun 11, 2020 10:09pm
Quoting here2there
{quote} Is that similar to a currency strength meter? How do you use it?
yes it same as strength meter.
i already tell how i use in above posted.

I always look for the pair that move lag/late behind.
in above picture you see that gbp, aud, nzd & cad move first against the usd.
meanwhile eur, jpy & chf is lag behind, they still didn't move. i choose eurusd as it is in range move, so i know where is the top range to apply the basic rule "Sell at top & buy at bottom".
If You Can't Join Them, Beat Them!
  • #1,172,422
  • Jun 11, 2020 10:10pm Jun 11, 2020 10:10pm
Quoting JBRolim
{quote} Thanks for your attention friend, I'm looking indicator CCfp for Grafico Renko, if you can help me thanks. {image}
I believe I have found the indicator here.
Learn from your mistakes and march on.
  • #1,172,423
  • Jun 11, 2020 10:14pm Jun 11, 2020 10:14pm
Quoting here2there
{quote} I believe I have found the indicator here.
yes it is.
If You Can't Join Them, Beat Them!
  • #1,172,424
  • Jun 12, 2020 1:37am Jun 12, 2020 1:37am
every information you need to trade eurusd is in one chart, spread over 6 months on h4 chart

scalp it on m5 spread over 3 days

so you can see the main trend and you can see the intra day trend ; rest is just baby job
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDM5.png Size: 26 KB
  • #1,172,425
  • Jun 12, 2020 1:50am Jun 12, 2020 1:50am
Quoting PatienceFx
every information you need to trade eurusd is in one chart, spread over 6 months on h4 chart scalp it on m5 spread over 3 days so you can see the main trend and you can see the intra day trend ; rest is just baby job {image} {image}
macd has a center of gravity and it is called 0

all waves cross 0 level at some point of time

NATURAL CURRENCY PAIR STRENGTH == MACD

why do i need any other indicator to tell me eur strength or usd strength ???
  • #1,172,426
  • Jun 12, 2020 1:53am Jun 12, 2020 1:53am
For bears/bulls, if price breaks current high we are going to 1.1340 followed by most probably 1.1370s that's a good short
So possible good breakout trade for bulls(if price breaks..) then good swing short for bears.

In any case, price will be back to 1.1310s

Trade accordingly..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #1,172,427
  • Jun 12, 2020 2:00am Jun 12, 2020 2:00am
Quoting PatienceFx
{quote} macd has a center of gravity and it is called 0 all waves cross 0 level at some point of time NATURAL CURRENCY PAIR STRENGTH == MACD why do i need any other indicator to tell me eur strength or usd strength ???
1337 was area of support previously , so i am most interested to see what price does here

overall i am a bear for the next 2 months below 1400 now
Attached Image
  • #1,172,428
  • Jun 12, 2020 2:04am Jun 12, 2020 2:04am
The Daily trend turned at bearish today Friday, I don't see any selling yet, I will better wait for some volatility to trade this. Support is coming below the last low of today at 1.1270 and a break should give us 1.1170, but 1.1225-00 would be tough if, not then we can see some more.
Above 1.1330 is a buy, but not so strong, only above 1.1380 I can see momentum for now.

Do you buy, or sell today?

Quoting Js3mwtRc
The Daily trend turned at bearish today Friday, I don't see any selling yet, I will better wait for some volatility to trade this. Support is coming below the last low of today at 1.1270 and a break should give us 1.1170, but 1.1225-00 would be tough if, not then we can see some more. Above 1.1330 is a buy, but not so strong, only above 1.1380 I can see momentum for now. Do you buy, or sell today?
I turned neutral and sold a small lot on real account to 1.1228 for the bottom of the range 1.1276 lets see if, US news push it down.
Looking for profitable short term trades ...|
  • #1,172,429
  • Jun 12, 2020 2:51am Jun 12, 2020 2:51am
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  • #1,172,430
  • Jun 12, 2020 3:31am Jun 12, 2020 3:31am
Levels for sales
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  • #1,172,431
  • Jun 12, 2020 4:11am Jun 12, 2020 4:11am
Buy buy buy.. ket see if today can close above 1.1400.. should be
Trade what you see, take what the market gives you.
  • #1,172,432
  • Jun 12, 2020 4:14am Jun 12, 2020 4:14am
Quoting LifeTrading
Levels for sales {image}
Quoting VuLe
Buy buy buy.. ket see if today can close above 1.1400.. should be

i got reminded of .........

Inserted Video
  • #1,172,433
  • Jun 12, 2020 4:23am Jun 12, 2020 4:23am
Quoting VuLe
Buy buy buy.. ket see if today can close above 1.1400.. should be
Buying today?

Can u elaborate?

Today is Friday.
  • #1,172,434
  • Jun 12, 2020 4:52am Jun 12, 2020 4:52am
Quoting Js3mwtRc
The Daily trend turned at bearish today Friday, I don't see any selling yet, I will better wait for some volatility to trade this. Support is coming below the last low of today at 1.1270 and a break should give us 1.1170, but 1.1225-00 would be tough if, not then we can see some more. Above 1.1330 is a buy, but not so strong, only above 1.1380 I can see momentum for now. Do you buy, or sell today? {quote} I turned neutral and sold a small lot on real account to 1.1228 for the bottom of the range 1.1276 lets see if, US news push it down.
I was waiting to get stoped, fortunately didn't, now on break even.
Looking for profitable short term trades ...|
  • #1,172,435
  • Jun 12, 2020 5:33am Jun 12, 2020 5:33am
USDJPY monthly. Strong imbalance demand zone. Looks long term bullish.
Attached Image (click to enlarge)
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  • #1,172,436
  • Jun 12, 2020 5:34am Jun 12, 2020 5:34am
the drop is coming
Attached Image (click to enlarge)
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yes yes yes
  • #1,172,437
  • Jun 12, 2020 6:01am Jun 12, 2020 6:01am
Quoting PatienceFx
{quote} {quote} i got reminded of ......... https://www.youtube.com/watch?v=7vF1uYn62gg
my target here 1.1290/1.1300
Trade what you see, take what the market gives you.
  • #1,172,438
  • Jun 12, 2020 6:20am Jun 12, 2020 6:20am
Quoting briancollins
{quote} Buying today? Can u elaborate? Today is Friday.
it really just depend. Of all the crazy happen mid week, today may just be a slow dry day, whether or not it run, until the weekly candle becomes red creating a tail, it is very much likely that we can still see 1.1500 by next week. That being said, I take my chances here at this support zone that we been in since monday.... I am a person who loves to buy dips. I dont wait till it reach out of levels etc. weekly candle still blue, still upside, and above 1.1290(strong support).
Trade what you see, take what the market gives you.
  • #1,172,439
  • Jun 12, 2020 6:26am Jun 12, 2020 6:26am
One thing you guys probably realize. I post my analysis with 0 chart. I really just keep it simple.
Bollinger band
macd
rsi
Support/resistant zone

Most of the time, I follow bollinger band.
Trade what you see, take what the market gives you.
  • #1,172,440
  • Jun 12, 2020 6:32am Jun 12, 2020 6:32am
Quoting VuLe
{quote} my target here 1.1290/1.1300
sl set be.. between 1.1290/1.1300 (1.1295)
Trade what you see, take what the market gives you.
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