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Attachments: 28pair Currency Strength double-GAP Momentum Strategy
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28pair Currency Strength double-GAP Momentum Strategy

  • #601
  • Mar 15, 2016 10:11am Mar 15, 2016 10:11am
Quoting Theserpent
{quote} Bernhard, thanks for the reply!!! But I have another question. We look, for example on H4 - see the drop, then go to M15 and look for the gap there, right? And another question: why are You considered on the example, the drop down at the bottom, not the top, as I said in the picture? {image}
No reason for GAP at the top or bottom both are valid.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #602
  • Mar 15, 2016 12:38pm Mar 15, 2016 12:38pm
I have to laugh at myself sometimes . . . it was really only today that I began to fully understand how to apply Bernhard's CS meter. It was his drawing the short horizontal and vertical lines identifying good currency opportunities that the light bulb went on. This short video I made of my discovery may help others struggling to put the indicator to good use. Basic rules include entering trades at or around session openings (Tokyo, London, New York Forex and NYSE work for me). Allow at least TWO bars after those openings to begin defining a trend direction for a currency. Insist that one currency be above the zero line and the other below it. If in doubt, select currencies that have the steepest slopes. Feel free to give me feedback where I may be going wrong after watching this short video: https://db.tt/jCkUS9zO
  • #603
  • Mar 15, 2016 1:57pm Mar 15, 2016 1:57pm
Hello Lightheart, just wanted to say Thank You for the video, it was very nice. And Bernhard, I can't Thank You enough for sharing your indicator with us. I have only been using it for 2 or three weeks, but it has become my favorite indicator. It very quickly points out weak and strong currencies and which pairs you want to trade.
  • #604
  • Mar 15, 2016 3:19pm Mar 15, 2016 3:19pm
Quoting Lightheart
I have to laugh at myself sometimes . . . it was really only today that I began to fully understand how to apply Bernhard's CS meter. It was his drawing the short horizontal and vertical lines identifying good currency opportunities that the light bulb went on. This short video I made of my discovery may help others struggling to put the indicator to good use. Basic rules include entering trades at or around session openings (Tokyo, London, New York Forex and NYSE work for me). Allow at least TWO bars after those openings to begin defining a trend...
Excellent video Lightheart. Very nice
It is all right what you show. I don't know how to include it in the post like a full picture. Can you try.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #605
  • Mar 15, 2016 4:03pm Mar 15, 2016 4:03pm
"I don't know how to include it in the post like a full picture."

Bernhard: I am not clear on what it is you want to include as a full picture. Please explain. Thanks.

Lightheart
  • #606
  • Mar 15, 2016 4:41pm Mar 15, 2016 4:41pm
Quoting Lightheart
"I don't know how to include it in the post like a full picture." Bernhard: I am not clear on what it is you want to include as a full picture. Please explain. Thanks. Lightheart
Yeh I don't know how to post a video, I meant not as a link but insert as a "video"
You may post the indicator which print the vertical line at same time in different charts.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #607
  • Mar 15, 2016 11:19pm Mar 15, 2016 11:19pm
Thank you Lightheart. i love your videos.
  • #608
  • Mar 15, 2016 11:31pm Mar 15, 2016 11:31pm
Now the basics are clear. Lighthear thanks for the video explanation. Another question: any trading? Or there are nuances?
  • #609
  • Mar 16, 2016 1:51am Mar 16, 2016 1:51am
Quoting Theserpent
Now the basics are clear. Lighthear thanks for the video explanation. Another question: any trading? Or there are nuances?
Yes there are nuances of course. First check higher TF then trade zones and slope of angle and timing.

If market momentum is rising it means GAP outside directions or trend-trades are supported.
If market momentum is falling it means GAP inside directions or reversal-trades are supported.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #611
  • Edited 3:08am Mar 16, 2016 2:42am | Edited 3:08am
One more spam and scam. I never found any signal service profitable. All of them suppress the draw down and the risk taken against profits. You have to pay a higher spread and they earn on each trade if it is a win or a loss on both they win, so that's why they are not interested to make you win just to open trades regardless of profit or not. This is the truth about signal providers.

still thanks for the flowers
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #612
  • Mar 16, 2016 3:04am Mar 16, 2016 3:04am
Bernhard see, here I've done everything right, by your method? Although areas and levels, I don't have, but it seems everything turned out. My indicator also suggested)))
Attached Image (click to enlarge)
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  • #613
  • Mar 16, 2016 3:29am Mar 16, 2016 3:29am
And I realized that I needed to use all characters in the display at the same time. That's the difference between the 2 screens at the same time
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  • #614
  • Mar 16, 2016 3:38am Mar 16, 2016 3:38am
Quoting Theserpent
Bernhard see, here I've done everything right, by your method? Although areas and levels, I don't have, but it seems everything turned out. My indicator also suggested))) {image}
It looks you understand the basics and the trade went good.
But the indicator you are using does not look correct. The 2 lines are to much symmetrical and do not show the real sentiment. (first picture)
Check difference here for second picture
Attached Image (click to enlarge)
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Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #615
  • Mar 16, 2016 3:49am Mar 16, 2016 3:49am
I wanted to come on this pair, but I have my indicator said no. But then by the movement that it was not in vain
Attached Image (click to enlarge)
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  • #616
  • Mar 16, 2016 3:58am Mar 16, 2016 3:58am
All I understand, the difference between the two indicators. It's a shame. Judging by Your screenshot of the AUDJPY is ready for sale))))
  • #617
  • Mar 16, 2016 4:01am Mar 16, 2016 4:01am
GBPJPY would have been an outside GAP against an inside GAP. This can work out but it is not the best setup.
Market was already active before Europe Open so it is not the condition for LO breakout trades. For LO breakout you like see flat market 2 hours before Europe open. The sea is already wavy. That's why CS here show no clear directions. Still you can confirm your trade with a smaller TF.
Be patient ! A good setup will come.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #618
  • Mar 16, 2016 8:28am Mar 16, 2016 8:28am
Quoting Lightheart
I have to laugh at myself sometimes . . . it was really only today that I began to fully understand how to apply Bernhard's CS meter. It was his drawing the short horizontal and vertical lines identifying good currency opportunities that the light bulb went on. This short video I made of my discovery may help others struggling to put the indicator to good use. Basic rules include entering trades at or around session openings (Tokyo, London, New York Forex and NYSE work for me). Allow at least TWO bars after those openings to begin defining a trend...
I am not involved with this, just following it from the distance...
but Lightheart, that is a great video!! congrats!

(wish may Bernhard has made such, for us, not the sharpest knives, lol)
there is always, always another trade!!
  • #619
  • Mar 17, 2016 12:52am Mar 17, 2016 12:52am
Hi Light heart
Thanks for the video
how do i make the changes on my indicator as per the video?
thanks
  • #620
  • Mar 17, 2016 8:28am Mar 17, 2016 8:28am
2 indicators showed the direction before news on GBP. +110 PIP
Attached Image (click to enlarge)
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