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Internal Strength Trading
Hi Fellow Traders,
Having seen some valuable posts on this forum for the last couple of days, has encouraged me to put these up myself.
First a few words. I have devised a mathematical relationship which allows me to plot an Internal Strength for each individual currency. I plot the two Internal Strengths of each currency on each currency pair major.
I select the pair to trade on three parameters.
1) When there is a positive/negative divergence between the pair and its internal strength.
2) When there is a huge divergence between the two Internal strengths of the pair currencies.
3) My system gives my a buy or sell signal.
The arrows on each chart should be simlple to understand.
LE= Long Entry
LX= Lond Exit
SE= Short Entry
SX= Short Exit
Click on this link to have a look at my updated charts, for a view on the comparative internal-strength of the forex majors. Its free.
Click on this link for interpretation method. The charts are clearly marked for longs as well as shorts. Your comments - both negative and positive are very welcome.
Thq in advance.
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