hi, I've improved it a bit in a new spreadsheet.
I came quite handy today for EURNZD short.
https://docs.google.com/spreadsheets...sBA/edit#gid=0
I came quite handy today for EURNZD short.
https://docs.google.com/spreadsheets...sBA/edit#gid=0
1
hi, I've improved it a bit in a new spreadsheet. I came quite handy today for EURNZD short. https://docs.google.com/spreadsheets...sBA/edit#gid=0
Humble & Kalcker CLO2 = Covid killer
Hello to all & Happy New Year.
This thread is one of my favorites. And this is the first time i'm posting here.
Have a chance to look at charts last day of 2015.
Here is my findings, hope you get what i meant (be gentle, English is my second language).
I use Alpari broker. The time is +0200. The date: 31th of Dec 2015 & Time: 12.00.
EUR is weakening in all pairs.
But not EurChf
Continue on next post (attachment per post exceeded).
This thread is one of my favorites. And this is the first time i'm posting here.
Have a chance to look at charts last day of 2015.
Here is my findings, hope you get what i meant (be gentle, English is my second language).
I use Alpari broker. The time is +0200. The date: 31th of Dec 2015 & Time: 12.00.
EUR is weakening in all pairs.
But not EurChf
Continue on next post (attachment per post exceeded).
Continue...
Again, here is EURCHF.
We knew that EUR is weakening all across it pairs, excuding Chf. So, what is the problem with CHF?
Time to zoom into its individual chart!
Do you see that? CHF is also weakening to its pairs, including EUR! So CHF is more weak than EUR.
So, my best choice here would be
a. avoid EUR pairs. (At least EURCHF).
b. CHF is weakening, so CHF is the -ve side.
c. search the +ve side, and combine with the most -ve side (Chf) and grab all the fast profits!
Regards, red..
Again, here is EURCHF.
We knew that EUR is weakening all across it pairs, excuding Chf. So, what is the problem with CHF?
Time to zoom into its individual chart!
Do you see that? CHF is also weakening to its pairs, including EUR! So CHF is more weak than EUR.
So, my best choice here would be
a. avoid EUR pairs. (At least EURCHF).
b. CHF is weakening, so CHF is the -ve side.
c. search the +ve side, and combine with the most -ve side (Chf) and grab all the fast profits!
Regards, red..
- | Joined Feb 2010 | Status: Maranatha | 446 Posts
Hello to all & Happy New Year. This thread is one of my favorites. And this is the first time i'm posting here. Have a chance to look at charts last day of 2015.
Very interesting. Is there any reason why you used M15 TF? Why not higher TF?
Edd
Hi All, Thus far, I have clued out small gold nuggets here & there from unknown4x's sharing. Anyone successfully trading with this style, able to share pointers? Thus far I have pieced custom indicies as per markit weightings. After identifying either b/o or reversal of a pivot level on specific custom indices of interest, I zoom in to a currency table matrix of H1 to M5 tfs to confirm "where the flow is happening". I gather that the alternative is to squeeze many custom charts like unknown4x cued, with levels marked in advance to enable snapshot...
First, you'll find a very friendly tool here.
It creates a basket of currency based on LFX indices (that is Liteforex). It is an ea that creates offline chart for AUD, USD, EUR, NZD, CHF, CAD, JPY and GBP. The only drawback i've seen until the time is JPY is used as LFXJPY, not JPYLFX like others (AUDLFX, USDLFX.......).
Install the EA on your platform, then make sure to apply some trend indicator on any currency involved.
For example, i apply tidane trend on FLXJPY. Here's how it looks.
Have fun!
I feel it is suicide to scalp flows with mt4 brokers. One would need a price ladder for quick trading & "real" tight spreads. You prob need "a real broker" .. Issue is.. those are non-programmer unfriendly, needing you to write custom softwares to link up to their data feed. Goodness.. is there a workaround for a programming idiot like me? As of now, I only know how to do small mods to existing code to suit my needs. Anything more complex like adding GBPSEK = 0_0 How can one with a non-programming background, progress onto writing api links?? I...
For me, i like to read only 28 pairs,that is involving only USD, EUR, GBP, CHF, JPY, NZD, AUD and CAD.
According to hanover's, one of the most neat way to see all 8 is finviz. You can reach it here.
Once you see one currency is moving south, maybe you can search another currency that's moving north.
I do some snapshots before:
And you see that big candle on EUR and USD?
As long as we follow the finviz source, we can't never be wrong.
I have many approaches that can be used, and we don't need new indicators to be build. Only some patience in understanding the underlying calculation/formulation behind these indicators (Recent Strength Indicator thread).
If you would like me to explain more, just ask
unknown4x gave an intraday primer to how capital flows work for a "now" timeframe.
He left before finishing up on his "juicy" bit on how fx relates to gold, commods, stocks, bonds.
If you followed his teachings on trading "now" fx flows, you would have searched for the "strongest" & the "weakest" currencies to trade. This exactly applies to the fx-gold-commods-stocks-bonds relationship.
Welcome the carry trade, where funds look for the "cheapest (& relatively safe)" money source to borrow from, AND then investing this money into the "highest yielding (& relatively safe)" assets.
Example: Post 2007 recession saw this source of "cheapest (& safest)" money source being the USD. Fed flooded the world with USD capital, fuelling the previous carry trade of borrow USD - buy emerging market assets & any other higher yielding (& relatively safe) assets. The result is rising prices across multiple asset classes. On hindsight, you can see USDX stared to appreciate in 2015. Find out when did Fed first hinted interest rate hikes were on the way (of course privileged individuals who funded successful campaigns have the first bite). Post this hint announcement, funds started to unwind the borrow USD - buy EM carry trade, resulting in USD appreciation. The whips you see in USD are because of the Fed representatives dropping contrasting hints on whether they will hike rates again.
If you can identify where capital is moving from and to where, you can make money
He left before finishing up on his "juicy" bit on how fx relates to gold, commods, stocks, bonds.
If you followed his teachings on trading "now" fx flows, you would have searched for the "strongest" & the "weakest" currencies to trade. This exactly applies to the fx-gold-commods-stocks-bonds relationship.
Welcome the carry trade, where funds look for the "cheapest (& relatively safe)" money source to borrow from, AND then investing this money into the "highest yielding (& relatively safe)" assets.
Example: Post 2007 recession saw this source of "cheapest (& safest)" money source being the USD. Fed flooded the world with USD capital, fuelling the previous carry trade of borrow USD - buy emerging market assets & any other higher yielding (& relatively safe) assets. The result is rising prices across multiple asset classes. On hindsight, you can see USDX stared to appreciate in 2015. Find out when did Fed first hinted interest rate hikes were on the way (of course privileged individuals who funded successful campaigns have the first bite). Post this hint announcement, funds started to unwind the borrow USD - buy EM carry trade, resulting in USD appreciation. The whips you see in USD are because of the Fed representatives dropping contrasting hints on whether they will hike rates again.
If you can identify where capital is moving from and to where, you can make money
Does anyone know how we can track unknown4x? He need to be back here to educate us more on the 'money flow' lesson he his taking us through.
How about this? Noticed something 'juicy'?
