Techniques to increase profits with BuraCheki!!
Thank you for your continued support.
We are the Tool Development Team at Cross Retailing Co., Ltd.
Thank you very much for always using the Tool Development Team's tools.
We will tell you about the technique of
the troublesome volatility check at a glance★
"Bora Cheki!!~CrossYen_volatility_Checker~"
The greatest appeal of the product we are introducing this time,
is that you can check volatility at a glance on the chart.
We think it would be good to view currency strength to maximize trading use of
this "Bora Cheki!!".
Since currencies are all yen-denominated,
this time Bora Cheki!! displays volatility by picking up currency pairs of USD/JPY and cross currencies.
StartPrice is the opening price,
NowPrice is the current price,
ChangePrice shows the difference between the current price and the opening price.
To gauge currency strength,
focus on this ChangePrice ♪
Since all are yen-related currencies,
the trends in ChangePrice tend to be similar, but
currencies that do not move in tandem are more likely to show clear strength or weakness.
Please look at the figure below.
The volatility of the opening price and the current price
is most positive for the "Pound (GBP)",
and most negative for the "New Zealand Dollar (NZD)".
In other words, currencies that normally tend to move in the same direction around the Yen are moving in the opposite direction,
so the combination of the Pound and New Zealand Dollar (GBP/NZD)
can be assumed to show the strongest currency strength most clearly.
Now let's actually look at the chart!
The price movement for the day starts from the line you draw.
You can see a sharp rise, can’t you?^^
By using Bora Cheki!! like this,
simply checking currency strength
can lead to higher-precision trading.
In terms of time, it only takes a few seconds,
so we hope you will try incorporating it into your own trading.
Thank you for reading to the end!
If you have not yet obtained "Bora Cheki!!",click here
Tool Development Team