Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Sunday, 30 June 2013

Currency Strength Analysis

This is the spreadsheet I have been working on to provide a summary of the Currency Strengths Analysis. There are two components: the outright score of the strongest to weakest currencies and then the pairs which exhibit the strongest trending price action at the point of calculation. Obviously this is past tense and one then needs to determine whether a retracement is in fact one or a change in trend but this is useful ground work I think. Based on this summary, little point in moving away from the dollar pairs for now, although interesting conundrum on Yen's second highest strength score but the trends being 4 bar against it. Any questions, just ask but hope the Guide underneath helps.

No comments:

Post a Comment