Currency Strength Meter - Page 22
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Thread: Currency Strength Meter

  1. #211
    Trader ara's Avatar
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    Quote Originally Posted by rashid636 View Post
    In this thread i want to talk about currency strength meter because it is very good for trading and we can know about the power or currency . so this way we can decision for place order buy or sell. also we can use this indicator with different strategies and different trading system.
    so we see some example about currency strength meter.
    I see it is a software, I'm looking for currency strength meter in the form of mt4 indicator, I found some but I feel uncomfortable with its looks. It is important to check the currency strength meter before we decide to make a trade, especially if we trade multi pairs, we can choose the weakest vs. the strongest currency pair.

  2. #212
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    If we have good knowledge about the current strength indicator it will work very easy for us and trading on the market won't be difficult for us anymore, currency strength indicator is a very simple indicator to trade with and if we learn to trade with this indicator it wouldn't take us more time to understand how to use this indicator properly with the market.

  3. #213
    Currency strength indicator is a very good indicator for newbies to trade with cause with this indicator they can actually buy and sell easily at anytime the tool give a clear signal, so it's a good indicator to trade with cause it will be very easy and simple for any newbie or expert forex trader's to trade with.

  4. #214
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    This is a good and simple indicator to trade with it show the strength of currency pairs with numbers or color sign when we see those signs we can buy or sell so it's a very simple indicator to trade with anyone can trade with this indicator no matter his/her experience because it's a very simple to understand.

  5. #215
    These indicator make trading very easy that's one of the thing that I like so much about this indicator, we can easily take buy or sell position when this indicator show the strength of the two currency pair we tend to trade, this make trading very easy and simple for us to trade so this is an indicator worth trading with for all beginners.

  6. #216
    Quote Originally Posted by davido View Post
    Currency strength meter is an indicator that we can use to show us the actual strength or power of a currency pair, this is a good way to trade the forex market because with the strength of a currency pair comparing one currency to another will give us a good trading idea on which currency pair we should buy or sell because the strength is what we use to determine that.
    Yes, this can make us to know the power and strength of currencies, it will make us to know the strong currency that can bring out the volatility in trading. We can do many analysis with this indicator, since we can not be sure whether this indicator is saying the truth or not. There are times that this indicator will make us to be hoping on strong contion when it has already happened

  7. #217
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    Currency strength indicator is a very good and simple indicator to trade with, everyone can make use of this indicator easily because it's very easy to understand how this indicator work and how you can trade and make money with it, so it's a great indicator that is very easy to trade with for all forex traders.

  8. #218
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    the indicator may become helpful for the trader or not and so if it gives a good and real informations then it will be beneficial for the trader and the trader can make more proper trading because he will take a better decision of trading and so the trader can be able to make more and more money easily and continuously.

  9. #219
    Well this is a good indicator for traders to know which currency pair is weak or strong to trade in the market. Is a good way for traders to follow any currency pair that is weak or strong to trade, when traders can understand currency strength meter, then it will help to follow the right currency pair at the appropriate time.

  10. #220
    Quote Originally Posted by sameeh View Post
    the indicator may become helpful for the trader or not and so if it gives a good and real informations then it will be beneficial for the trader and the trader can make more proper trading because he will take a better decision of trading and so the trader can be able to make more and more money easily and continuously.
    It is helpful to traders because it will make traders to know the currency pair they will choose and it is simple to use. We may not make it the main indicator we will be using to trade but we will be using it to make choice of the best market to enter. It is after that we will be using a good strategy to make our decisions.

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