Best FX set ups for one, two or three trades a week

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SLT

Official GDayFX.com Rep
Aussie divergence for selling pressure
 

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Re: Best FX set ups for one or two trades a week

glad to see your thread. do you want people to post charts and ask for comments or just follow along.
 
Re: Best FX set ups for one or two trades a week

Hogarste said:
glad to see your thread. do you want people to post charts and ask for comments or just follow along.

Anything goes...
post charts
ask, tell, comment
 
Re: Best FX set ups for one or two trades a week

Plenty of signals each week

There's lots of secrets Lol
 
Back to basics

seems to work best

normally around 3 or more good trades set up around London each week, using 3 pairs
 

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SLT said:
Aussie divergence for selling pressure

This AU chart is showing divergence with NU I'm guessing. My chart looks a little different but Im sure its something im doing incorrectly
 
Hogarste said:
This AU chart is showing divergence with NU I'm guessing. My chart looks a little different but Im sure its something im doing incorrectly

The chart blue line is gbpusd eurusd audusd & usdjpy = USDOLLAR (inverted) not usdx
 
What do you see in another perspective
 

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SLT said:
FXCM broker USDOLLAR

A FXCM Australian dollar demo account has a USDOLLAR "pair"

FYI - Forex LTD in UK has a USDX "pair" in their USD demo accounts. This is what ICT uses to represent the dollar composite in his videos.
 
michaeltrade said:
can you explain this a bit more?
From what I understand the USDX is heavily weighted against Euro and US dollar is more equally weight with all currencies. (someone correct me if I am wrong) :eek:
 
walshman said:
From what I understand the USDX is heavily weighted against Euro and US dollar is more equally weight with all currencies. (someone correct me if I am wrong) :eek:

FXCM USDOLLAR: http://en.wikipedia.org/wiki/Dow_Jones_FXCM_Dollar_Index
25% - Euro
25% - Pound
25% - Yen
25% - Aussie


USDX: http://en.wikipedia.org/wiki/U.S._Dollar_Index

Euro (EUR), 57.6%
Japanese yen (JPY) 13.6%
Pound sterling (GBP), 11.9%
Canadian dollar (CAD), 9.1%
Swedish krona (SEK), 4.2%
Swiss franc (CHF) 3.6%


USDX is actually a future's contract itself, though rather lightly traded. The 57.6% Euro weighting is due to the combination of all of the Euro countries from when the Index was first created.
 
sqa said:
FXCM USDOLLAR: http://en.wikipedia.org/wiki/Dow_Jones_FXCM_Dollar_Index
25% - Euro
25% - Pound
25% - Yen
25% - Aussie


USDX: http://en.wikipedia.org/wiki/U.S._Dollar_Index

Euro (EUR), 57.6%
Japanese yen (JPY) 13.6%
Pound sterling (GBP), 11.9%
Canadian dollar (CAD), 9.1%
Swedish krona (SEK), 4.2%
Swiss franc (CHF) 3.6%


USDX is actually a future's contract itself, though rather lightly traded. The 57.6% Euro weighting is due to the combination of all of the Euro countries from when the Index was first created.
Thank you SQA. :hail:
 
walshman said:
Thank you SQA. :hail:

Yea thanks SQA, and sqa is totally correct sharing these links,
following USDOLLAR as a tool, is a very powerful one... when trading fiber cable aussie UJ & EG
 
Trades made this week...

Long Fiber & Short EG
 

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USDX Liquidity pool hit into cable divergence Buy Signal !!!
H1 Order block support
 

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SLT ,How can i understand divergence ,I have watched ICT's video on SMT over and over again but ,I cant seems to understand it.Where do I draw the lines.What happens next? I need help somebody ...maybe someone else's explanation can help me . :-[
 
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