The Way of Investment (Part 227)
The Way of Investment (That 227)
1. First, from the daily chart
Daily currency strength chart, and the 4-hour currency strength chart in order.
AUD, NZD, CHF are rising.JPY, GBP, EUR, USD, CAD are falling.On the daily chart,JPY decline and AUD’s sharp rise stand out.
2. 4-hour chart
In the 4-hour chart, AUD, NZD, USD, EUR, CHF are rising, JPY, CAD, GBP are falling.
4-hour currency strength chart, this week’s trading pairs to watch, focus on the following currency pairs。
Buy signal : AUDJPY
From “The Way of Investment(That 226)” currency pair verification
“The Way of Investment (That26)” contains,
Sell signal AUDUSD
Then, let’s verify.
The above chart is,AUDUSD’s 15-minute chart.
Prices seem to be capped at the top.
4. New indicator tried
New indicator「Dual_MACD_Trend_Indicator」 details below
here。MT4 version:https://www.gogojungle.co.jp/tools/indicators/62199
MT5 version:https://www.gogojungle.co.jp/tools/indicators/62202
A trend indicator that clearly shows the direction with color. If the color bar is Lime, it’s a buy; if Red, it’s a sell, and if there is no color, there is no trend. Because it’s color-coded, you can grasp the trend state at a glance.
I applied this indicator to AUDJPY on the 1 hour chart.
The red sell zone and the green buy zone are neatly separated, making trading easy at a glance. In the above chart, focus only on the area enclosed by the white ellipse, buy, sell, and then trade in sequence. Using “Dual_MACD_Trend_Indicator” allows you to trade only where the trend is expanding. This concentrates trades in the trend-extended areas.