272# Forex Sabotage
Currency Power Trade
the relative strength for each Currency
Submit by JanusTrader 22/12/2012 (written by Forex Sabotage Team)
Trading on the currency with a greater force. This is an old method for trade, but ever green!
Time Frame 15 min or higher
Currency pairs:
Euro;
Japanese Yen;
US Dollar;
Pound.
The Forex Sabotage Signal indicator uses dynamic D.S.P. Algorithms to find
the relative strength of each currency, and identify the 'shifts of power' which
result in trading signals.
BLUE : Euro
RED: Japanese Yen
GREEN : US Dollar
GOLDEN : Pound
In the picture Forex Sabotage first indicatorin action.
The 2nd indicator of ForexSabotage is the momentum senes indicator. It
analyzes the markets momentum-wise and tell you when it is safe to enter the
market, and when it is in range so you should avoid trading.
The 3rd and final indicator of ForexSabotage is the Market Info indicator. This
indicator gives you all sorts of insight on the market: increasing\decreasing
volume, buying\selling pressure and a lot of valuable insight on trading. 99%
of this insight you cannot see and is 'under the hood' information that can
highly improve your trading.
When to enter Long trades:
When Forex Sabotage Momentum Sense indicator turned from Blue
to Green.
If you are trading a major pair (EUR\USD, EUR\JPY, GBP\JPY,
USD\JPY, GBP\USD, EUR\GBP): Confirm with the Forex
Sabotage Signal indicator. If you are trading the EUR\USD, make
sure the EUR line is above the USD line of the indicator.
If you are not trading one of these pairs, disregard this confirmation.
When to enter Short trades:
When Forex Sabotage Momentum Sense indicator turned from Blue
to Red.
If you are trading a major pair (EUR\USD, EUR\JPY, GBP\JPY,
USD\JPY, GBP\USD, EUR\GBP): Confirm with the Forex
Sabotage Signal indicator. If you are trading the EUR\USD, make
sure the EUR line is below the USD line of the indicator before you
take SHORT trades
Share your opinion, can help everyone to understand the forex strategy.
the relative strength of each currency, and identify the 'shifts of power' which
result in trading signals.
BLUE : Euro
RED: Japanese Yen
GREEN : US Dollar GOLDEN : Pound
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