Utilization of “Visualization Indicators” (Part 76)
“Visualization Indicators” usage (part76)
1. Advance and develop the “28 Currency Pair List Indicator” into an indicator
“8CPVisualization Indicator” forUSDJPY charting
There are versions of the “8CPVisualization Indicator” Oceania version, London version, NewYork version, AnyCP version. This time, we used the London version.
The top half is a 15-minute chart of USDJPY. The red arrows at the top half indicate the alert positions of the “28 Currency Pair List Indicator”. The bottom half is from the “8CP Visualization Indicator”. The green bold line graph corresponds to USDJPY.
1 Month12 day, USDJPY fell sharply, breaking away from other currency pairs. By trading this portion as a sell, you can gain about 270pips of profit.
2. Best Select Try the indicator
The following image is a screenshot taken on January, 13, 15:20 ( JST).
At the very top row, CHFJPY is red from [M5] to [Total] indicating a significant downward trend for CHFJPY.CHFJPY shows a pronounced downward trend.
Now, let's take a look at the CHFJPY chart.
CHFJPY has been in a downtrend since the latter half of Wednesday.
3. Since May of the year before last EURJPY how did it move?
Since May,, EURJPY
To assess the overall trend, we plot the most recent approximately 3 weeks on a 30-minute chart.
Last time, I wrote the following.
JPY is downward, EUR is relatively flat to slightly downward. As a result, EURJPY is expected to rise slightly.
In the first half of the week it rose, then fell in the second half.
4 Refer to the currency strength chart on the hourly basis.
Pink indicates EUR, green indicates JPY.JPY is rising steeply, EUR EURJPY is flat to slightly downward. As a result, will fall.
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