Without VSA, you're playing checkers while the Smart Money plays chess.
TEB: Daily Strength/Weakness Trading
- #621
- Jul 8, 2015 11:51am Jul 8, 2015 11:51am
- Joined Aug 2009 | Status: Reading the TAPE | 2,389 Posts
- #624
- Jul 14, 2015 11:01am Jul 14, 2015 11:01am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #625
- Edited 1:39pm Jul 14, 2015 12:48pm | Edited 1:39pm
- Joined Dec 2012 | Status: On Life's Path | 2,076 Posts
{quote} ...so the GBP/JPY short is the best bet?
AUD & NZD are strongest. JPY & EUR are weakest.
So long AJ & NJ and short EA & EN.
GBP is neutral.
***Just my interpretation of what he looks for.
***Just noticed GBP has a higher # so not sure why it's not #1 ranking. Guess I don't know his system like I thought.
- #627
- Jul 14, 2015 2:55pm Jul 14, 2015 2:55pm
- | Joined May 2015 | Status: Volume is your best friend:) | 25 Posts
Hello TEB
Thx you very very much for this thread. I really love it and don't be sorry for your mistake.
You are already so generous to devote lot of time to help us get better at trading FX. I just feel priviledged to know about you and all the wisdom you are sharing with FF community.
As a fellow Canadian, I am following every single post you make and your way of thinking make so much sense. Really like it.
Now, I am just trying to see how you get your calculation how you get your 1 to 8 strength for the 8 main currency.
Got an idea about using the 4h with the 50sma on it to see who is stronger but cant get how you get those 84 for GBP and others numbers.
If you ever feel to share about this, would be absolutely awesome.
Sincerely and thx much again for your great insight into trading
InnerGrowth
Thx you very very much for this thread. I really love it and don't be sorry for your mistake.
You are already so generous to devote lot of time to help us get better at trading FX. I just feel priviledged to know about you and all the wisdom you are sharing with FF community.
As a fellow Canadian, I am following every single post you make and your way of thinking make so much sense. Really like it.
Now, I am just trying to see how you get your calculation how you get your 1 to 8 strength for the 8 main currency.
Got an idea about using the 4h with the 50sma on it to see who is stronger but cant get how you get those 84 for GBP and others numbers.
If you ever feel to share about this, would be absolutely awesome.
Sincerely and thx much again for your great insight into trading
InnerGrowth
- #628
- Jul 14, 2015 10:43pm Jul 14, 2015 10:43pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Ok I make a mistake sorry - The pound is not neutral - I have a trade on its the best trade - (vs the JPY) watch the numbers - the arrows - I put there to help on FF This is what I should have posted - I was distracted 1/2 way through, again sorry {image}
The Chonchy
- #629
- Jul 14, 2015 10:54pm Jul 14, 2015 10:54pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} He usually pairs strength vs. weakness. AUD & NZD are strongest. JPY & EUR are weakest. So long AJ & NJ and short EA & EN. GBP is neutral. ***Just my interpretation of what he looks for.
The Chonchy
- #630
- Jul 14, 2015 10:56pm Jul 14, 2015 10:56pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #631
- Jul 14, 2015 10:58pm Jul 14, 2015 10:58pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Hi TEB63, I ama trader with Strength/.weakness like you, i like the way you trade. Can you give me your skype name, so I can ask you some question about trading. I think you are more professional than me. THank TEB {quote}
The Chonchy
