Forex Daily Charts Scanning “price action in and between charts”
Forex
- #3
- Last Post: Aug 16, 2011 2:36am Aug 16, 2011 2:36am
I have same idea with you, but for a long time i can't make it clearly or explain it in details.
For example, sometimes EUR/usd and GBP/USD, AUD/USD in london session and NY session, both move up or down together in short TF ( 15p, 1h, 4h). It means dolars so strong, IT performed quickly in short term. And we just catch that wind, and take some easy pips.
I thinks it's the key of success in this business. BUt how to catch that wind, when it's happened.
How to create a system for this?
beside "recent strenth currency" indicator created by Hannover I see an indicator maybe useful, But i can't find it. Can Anyone tell me where is it?
See the pictures below.
For example, sometimes EUR/usd and GBP/USD, AUD/USD in london session and NY session, both move up or down together in short TF ( 15p, 1h, 4h). It means dolars so strong, IT performed quickly in short term. And we just catch that wind, and take some easy pips.
I thinks it's the key of success in this business. BUt how to catch that wind, when it's happened.
How to create a system for this?
beside "recent strenth currency" indicator created by Hannover I see an indicator maybe useful, But i can't find it. Can Anyone tell me where is it?
See the pictures below.