FOREX CURRENCY STRENGTH METER, BUY STRONG, SELL WEAK

JUST LOOKING AT THE PICTURES

IT IS A CURRENCY STRENGTH METER INDICATOR FOR MT4

picture is at 30-oct-09, this is how it works

this is gbp-usd at 30-oct-09, friday morning (usd time)

first, you have to see the price is in down trend or up trend, in this case the price is in just begin of down trend, so we need more confirmation

second, you use this strength indicator to see for a trade, as you see in the picture canada dollar is the weakest one overall, and jpy is the strong overall, so in this case, canada dollar will rise and jpy will fall, BUT THIS MAY ALREADY HAPPENED, SO WE NEED TO LOOKING FOR SOMETHING IN JUST BEGIN TO BE STRONG OR WEAK, SO IN THIS CASE, I CHOOSE GBP AND USD.

WE CAN SEE THE GBP IS BEGIN TO BE WEAK IN 30MIN 1 HOUR AND 4HOUR CHART, AND USD DOLLAR IS SECOND STRONG CURRENCY IN 1 HOUR AND 4HOUR, SO WE DO A TRADE TO BUY USD AND SELL GBP, THAT IS SHORT ON GBP/USD PAIR

RESULT: GBP/USD GO DOWN LATER IN FRIDAY EVENING.

this item was listed on 31-oct-09

this indicator will not triggle a trade for you, it will confirm a trade for you, you need to make your own decision. indicator value will be change over time going as the price move every second.

price: $4.9

postage: free within 24 hours.

WARNING: 1. forex trading is not suitable for everyone, forex trade and win money and loss money, only risk the money you can afford. 2. please talk to your financial advisor before buying these product, if you are not sure about your financial goal. 3. trading forex needs a plan, and need to do money management.