An Intraday Strategy Based on a Currency Strength Meter
The currency strength meter at LiveCharts.co.uk gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The
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About this course
Looking at the Currency Strength Meter (CSM), the best thing to do is to combine the strongest currency with the weakest currency for the best result.
It is imperative that you recognize when the market is very strong or very weak (active); and when the market is silent (inactive) so that you would approach the market as rationally as possible.
It would enable you to quickly see which currency is the strongest right now and which one is the weakest, so that that you can make the best trading decision.
Profitable Forex trading is all about matching weak currencies versus strong currencies.
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