Forex Diary for week ending 26th Nov 2021
My fix start indicator on chart is available here for £15 donation to charity
good week for Yellow JPY and grey CHF - both hit +150 pips on friday ...big play
Blue Euro and Green USD both had decent weeks to +100s
Bad week for Turquoise NZD ....despite hiking int rates to 0.75% ......no gratitude !
Yellow Yen , Brown Cad , even Red GBP all got bear at times ....sub 100 pips though
Trades of the week ?
Yen started bear and then swung some 230 pips north from Tuesday to Friday ....awesome opportunity to sell most currencies into it from tuesday late ......
NZD was a sell from Wednesdays asian session .......all the way to late Friday
USD was a steady buy all week until friday ....so decent early trades selling JPY GBP and NZD
Strengthmeters 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 .....maybe its time to try them ?