Rating: Empty Star Empty Star Empty Star Empty Star Empty Star
Which trade to enter when there's more than one opportunity at the same time?
Previous 1 2 3 Next

Member Since Jun 14, 2013  125 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:


Good luck!

Keep it simple, be disciplined, get rich slowly and above all protect your equity!
Please login to comment.
Labour Day (5h 59min)
The Margin: Critics charge true intent o...(1h 10min ago)
EURUSD 1.15154 GBPUSD 1.3066
USDJPY 112.542 USDCAD 1.3103







Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2018 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.