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Old 05-11-2003, 10:27   #25 (permalink)
dusant
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Neil4x,
Thq indeed for your kind words. And the links.
However, the Comparitive RS is a standard charting tool which cannot be applied in the case of the forex pairs. It can be applied (as a standard tool) between two stocks, indicies and so on.
However, please go back to my charts, and if you would notice, all the CHF pairs were displaying weakness ahead for the CHF.
Ergo, look for a pair where you could short the CHF. And since the JPY is showing its own internal strength, logically that would be the best pair to short.
I would not choose the EURCHF because the EUR also was showing signs of weakness against the dollar.
My simple motive is not to massage my ego by proving that I was right. Its to select the most likely pair where the odds are tilted in my favour.
I have learnt after several bitter experiences that I do not want to hazard predicting the market. I would rather follow.

Dusant
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