Thursday, October 23, 2014

Current 1hr chart set up

I have these 8 pairs on 1 screen so that I can immediately see if a specific currency is strong/weak as aud is at the moment or if eur or gbp is strong/weak against many crosses.


I am looking at a strategy at the moment which is why the specific macd and rsi settings are on.

4 comments:

  1. What's the strategy ?

    Hope all's well in V-World :)

    jtrade

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  2. Hi jtrade,
    Sorry for the late reply.
    Yes all is well with us and trust you are doing well too. We are still trading longer term swing trades but I am also getting close to finalising 1 min strategy to take advantage of the time I regularly have.
    As you will see from recent posts this will use the higher low, lower high strategy but in addition look for agreement from different pairs.

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  3. Thanks for response, V - I see you've been over at Clive's place a bit :)

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  4. Yes its a very effective way of applying the higher low, lower high/abc/123 pattern to get tight entry with all the benefits that flow from that. Add in the comparison across multiple pairs to trade a currencies genuine strength/weakness.

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