My Brother, is not about market share, but it’s about ‘Who’ control the high market share currencies. China owned 1/3 world circulated USD, 1/4 world circulated Euro, and 1/5 world circulated JPY…lol.

And why World Bank only say 1.1% of CNY market share ?, because they can’t forced China Government to disclosed their current account. While…[Read more]

Hi Brothers,  Thank You for all of your help and suggestions.

Yes, actually this is only basic concept, the most plain and simple concept of trading,  “if current price higher from open price then go long and if current price lower from open price then go short’,  and the rest is how to deal with the market condition after that. We don’t need an…[Read more]

Thank You GG53,  At least My Kindergarten calculation at my previous post, incidentally.. use this 3 currencies.. lol. only because basic understanding that this 3 leading currencies of America, Europe and Asia.. regions,  but also I use the ‘shadow’ currency  for ‘anchoring’   that is CNY.

Best Regards.

MTH

No, that’s not the case.

You should, or can, trade any currency that is going up against any other currency that is going down – and the same for opposite direction.

I gave the example of the USD, EUR & JPY to make the connection to the “market share”. Those 3 currencies make more than 70% of the total volume of the market, and if you find such…[Read more]

Smallcat,

Here is my Std. Currency strength (Spaghetti).

Blue – EUR

Green = USD

Yellow = JPY

vertical lines mark opposite direction of 2 currencies against the third one – denoting massive move.

In those situations you can short the EUR against any other currency, almost blindly with almost 0 or minimal DD.

G.

Smallcat,

Here is my Std. Currency strength (Spaghetti).

Blue – EUR

Green = USD

Yellow = JPY

vertical lines mark opposite direction of 2 currencies against the third one – denoting massive move.

G.

Smallcat,

Here is my Std. Currency strength (Spaghetti).

Blue – EUR

Green = USD

Yellow = JPY

vertical lines mark opposite direction of 2 currencies against the third one – denoting massive move.

No, I meant what I wrote….

Two of them in one direction and the third one in opposite direction.

Example:

If USD & JPY going UP and EUR going DOWN – a lot of pips await for you in:

EURUSD – Short

EURJPY – Short

G.

No, I meant what I wrote….

Two of them in one direction and the third one in opposite direction.

If USD & JPY going UP and EUR going DOWN – a lot of pips await for you in:

EURUSD – Short

EURJPY – Short

G.

Use “Market share” as a factor.

Example (factors from your attached table):

USD = USD*0.435

EUR = EUR*0.165

JPY = JPY*0.115

…..

….

Yet another “trick of the trade”:

Pay VERY close attention to USD, EUR, JPY when two of them are in one direction and the other in opposite. This is going to be a MAJOR move !!

Why? Because it’s 70% of…[Read more]

1. Market Share: You can find “market share” here (look for table titled “Most traded currencies by value”): http://en.wikipedia.org/wiki/Foreign_exchange_market

Note that you have to divide the number by 2, since it totals 200%.

2. Momentum: I keep track with my “standard” Currencies indie AND “momentum” calculated one. The first is a simple…[Read more]

Currency Strength is one of the most important indicators in trading.

It has a “predictive” nature if combined with momentum and volume.

A common mistake in creatring such indie is to calculate ALL 28 currency pairs. This add “noise” to the indie end result.

Example: EURUSD & GBPUSD reflects the accurate price of EURGBP synthetic pair, so why…[Read more]

Currency Strength is one of the most important indicators in trading.

It has a “predictive” nature if combined with momentum and volume.

A common mistake is creatring such indie is to calculate ALL 28 currency pairs. This add “noise” to the indie end result.

Example: EURUSD & GBPUSD reflects the accurate price of EURGBP synthetic pair, so why…[Read more]

I didn’t present any system.

Please point me in the direction of my “failed threads at FF”…

If you are refering to the “…Pissing Dog” thread @FF – we just found one…

G.

I didn’t present any system.

Please point me in the direction of my “failed threads at FF”…

G.

There is one more thing that you “missed” in “fair” or “true” price:

In an UpTrend:  Price = “true” price + Premium

In a DownTrend: Price = “true” price – Discount

G.

When the market is in a consolidation zone, I now keep it really simple. I think we have to answer only one question, are there any reasons for the price to change the previous trend? The answer doesn’t depend on any market activity, doesn’t matter what “patterns” we see on the chart, only the central banks set the direction. If they don’t say…[Read more]

Hi Brother, of course You are one of my Brothers… and should be in front row seats.. lol..

I must suggest all to test ‘her’ in demo account first, then if you think it is worth to use in real account you could always asking me if you want to create one of copy for your real account.

For Demo Account several time I use Exness (not intended…[Read more]