Usage of the "8CP Visualization Indicator" (Part 5)
「8.” Use (Part 5)CP Visibility Indicator
Yesterday (2021 year8 month27 day) is the “CP Visibility Indicator”.
From the top,Oceania version,London version,NewYork version were lined up.
During the day, there is almost no price movement. When there is no movement, avoid trading.
There was a big move at 11 PM. It was the statement (address) by Powell, the Chairman of the Federal Reserve. When the “FRBCP Visibility Indicator” lined up, movements across all currencies become clear at a glance.
Eight items × three sets total 24 graphs, with the vertical axis auto-scaled. When comparing the numbers on the vertical axis, the Oceania version has the largest numbers.
Currency pairs that were most affected by the remarks includeGBPUSD, EURCHF, CHFJPY, USDCHF, NZDUSD, EURAUD, but among themNZDUSD showed the largest movement.
After that, it can be seen that all currency pairs settled down in about three hours.
The “28 Currency Pairs List Indicator also issued a buy alert against at the same time.