A possible trading method to be made?

Well, for what i look until now i'm starting to think that USDi sensibility is not too good for divergences lol, the USDi basicaly follows the EURUSD and the desviation is minimal. While i got several divergences on RSI(9) i saw no divergence on USDi.

Hi,

I thin you're right Kevlor, based on a cursory examination of the USDi divergence (using the MT4 indicator and not the FXCM indicator) I could not find very many trade-able opportunities, I expanded the the time frame to include a couple of months and that seemed to yield some positive results but when I traced the divergences I realized that a lot of them occur around major news events (a risky time to trade)

Although I am not planning to stake money on this idea anytime soon, I am intrigued by the possibility of using the USDi to predict currency movements, I think that is is a massively underrated indicator and holds some potential so I am trying to look at other possible avenues to trade. I'll keep you posted if I find something interesting

cheers
Abi

Yep, i think that have something in potential that could be very useful in our trades. I'll research more about it on weekend and i'll try to find some patterns and try to post the statistics here ;D

I'll keep you posted if I find something interesting too..