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Which trade to enter when there's more than one opportunity at the same time?
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JacoAF

Member Since Jun 14, 2013  118 posts Jaco Ferreira (JacoAF) Dec 14 2017 at 13:49
I always find it useful to do a Currency Strength Analysis before I look for trade setups. Basically you compare a base currency, i.e. AUD, against the other currencies and then open the charts where the base currency is strongest, and look for trade setups in favor of the base currency. For example right now the AUD is very strong against the NZD and GBP.

Here's a link that will help you quickly find String vs Weak currency pairs:

https://www.oanda.com/forex-trading/analysis/currency-heatmap

Good luck!
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Imports (2h 44min)
AUD/USD Technical Analysis: Bearish RSI ...(13 min ago)
EURUSD 1.16554 GBPUSD 1.32584
USDJPY 109.655 USDCAD 1.32863

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