Forex Diary for the week ending 12th Nov 2021
My fix start indicator on chart is available here for £15 donation to charity
not a bad week ...USD got busy .....
good week for Green USD - after a bear start to -40s by Tuesday it then swung some +150 pips north
Red GBP was next best play hitting +80 pips by mid Tuesday
Gray CHF got hit hard twice in the week (Mon / Tues) to -60 pips )
Orange AUD got to -60s pips as well by Wednesday
Blue Euro and Brown Cad all came bear by Friday to -40s
soo...not too bad ......
Trade of week ?
Buying GBP pairs up to the Tuesday European session was ok .....after that Buying USD from US open Session Tuesday through to end of Thursday was pretty hot....a decent week for swing trades
Strengthmeters like this have given me a tremendous insight into the FX market for the last 21 years ....no magic boxes / no circus tricks or Gimmicks ....very few Forex Traders use Relative strength in Their Trading and lose as a result .....