Individual Currency Strength


#1

Hello Darrell. For a while now I’ve been seriously considering focusing solely on trading forex. The reason is that I believe there’s a lot of merit to focusing one’s attention only on pairs where the bought currency is is growing in strength and the sold currency is getting weaker. The problem is that there are a lot of “currency meters” and other relative strength indicators out there for free and for sale. My question is do you use such analysis when deciding which forex pair to trade? If so, do you use any or do you have your own indicator?

Best Regards Chuck


#2

We have one we are designing now and will be releasing it soon.


#3

In the meantime we teach fx trading in elite - does not matter if fx or whatever a chart is a chart is a chart - one thing i will warn you of is don’t hop between currency pairs all day that is a loosing strategy