gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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.
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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.
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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.
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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.
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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.
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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]
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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]
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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]
gg53 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
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]
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
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.
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
I didn’t present any system.
Please point me in the direction of my “failed threads at FF”…
G.
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
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.
Saver0 replied to the topic Pivot Points in the forum Development 11 years, 2 months ago
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]
MTH2014 replied to the topic MTH – TZ and her friends for manual trading all TF in the forum Trading Systems – Development 11 years, 2 months ago
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]
MTH2014 replied to the topic MTH – TZ and her friends for manual trading all TF in the forum Trading Systems – Development 11 years, 2 months ago
Hi Brother, Yes SnS with Smiley still in testing phase for couple months.. so far so good..
Maybe when I think the final version already stable, I will share it with ‘selected’ Brothers and Sisters here by asking demo account number so I can create personalized version. Honestly I don’t want to share it freely to the whole world..lol. I don’t…[Read more]
MTH2014 replied to the topic MTH – Price Action Dancer EA (dumbest EA ever..lol) in the forum Trading Systems Discussion 11 years, 2 months ago
Hi Brother, sorry for make you trouble because of the file don’t work normally..
you could download again with rar version from this post..
Hope it help and best regards
MTH
MTH2014 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
Great Discussion, Subscribed.

My Kindergarten calculation that maybe totally wrong.
If we add USDJPY/100 with USDEUR (MathPow(EURUSD,-1)) don’t we get = 2 USD, 1 JPY and 1 EUR ..lol.. ???
and if we subtract the 2USD 1 JPY and 1 EUR with JPYEUR (MathPow(EURJPY,-1)/100) don’t we get = 2 USD .. ?
mmm.. then we divided by 2 to get o…[Read more]
MTH2014 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
Great Discussion, Subscribed.

My Kindergarten calculation that maybe totally wrong.
If we add USDJPY/100 with USDEUR (MathPow(EURUSD,-1)) don’t we get = 2 USD, 1 JPY and 1 EUR ..lol.. ???
and if we subtract the 2USD 1 JPY and 1 EUR with JPYEUR (MathPow(EURJPY,-1)/100) don’t we get = 2 USD .. ?
mmm.. then we divided by 2 to get o…[Read more]
Saver0 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
Thanks a lot for the links everybody! And a special thanks to Simplex for starting a detailed discussion.
First, let me answer your question.
I was using news release as an example of what I’m thinking about. To make it simple, let’s imagine we only have 4 major currencies, EUR, USD, GBP, JPY. So the pairs are: EURUSD, EURGBP, EURJPY, GB…[Read more]
Saver0 replied to the topic Currency Strength in the forum General Discussions 11 years, 2 months ago
Thanks a lot for the links everybody! And a special thanks to Simplex for starting a detailed discussion.
First, let me answer your question.
I was using news release as an example of what I’m thinking about. To make it simple, let’s imagine we only have 4 major currencies, EUR, USD, GBP, JPY. So the pairs are: EURUSD, EURGBP, EURJPY, GB…[Read more]
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