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Re: DX *PIC*
In Response To: DX ()

Hi ICD, here is how I gauge "sync" -- see chart.

We call it convergence -- it is a very effective filter. Yellow is Aussie, white is swissy, gold is gold, yen is red, and euro is blue. All have just made higher highs.

After observing the collective currency market for a couple of years, I have debunked the previous misconception of always "buying strength and selling weakness'. However the belief that long-term patterns are more influential than short-term does hold up well.

I still like buying dips, but the current double top in euro has me agreeing w/ your own analysis.

Messages In This Thread

DX
Re: DX *PIC*
Re: DX