歐元 / 美元
教育

How I identify the best forex pairs to trade: (2)

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Here is how I identify the best forex pairs to trade: (Publication #2 / Update)

In the top left panel, the indicator 'Compare Forex' displays the PERFORMANCE of each major currency.

The USD (red line) has been the strongest currency for the past 2 months on H6 charts.

By identifying the strongest currency, all that remains is to trade the USD against all the other currencies since they are weaker.

= Smooth stress-free charts.

I look at my trades 2-3 times a day to see if they are still blue or red. Takes a few minutes.

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DEC 1st UPDATE: Last week, the JPY became the strongest performing currency. The JPY (yellow line) crossed above the USD (red line). When the performance of the USD became weaker than the JPY = The USDJPY PAIR turned down.

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