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Trade Idea

Trade Idea (RSI, Woodies CCI, Divergence, GMMA) 2020-09-02

Trade Idea Good morning. Yesterday's USD was weak until the European market, but in the US market, the ISM Manufactu...
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Currency strength analysis of G10 currencies (YTD, MTD) 2020-Aug

From the beginning of the year 2020, we can see that the order of currency strength is almost same order of grouping of "Current account is surplus or deficit" and "Resource country or not". However, we can see that AUD has outstanding performance. The Australian economy's trade surplus and current account surplus are expected to remain solid in the future as the Chinese economy recovers. Also, it has the highest policy interest rate of 0.25% among the advanced economies
Trade Idea

Trade Idea (RSI, Woodies CCI, Divergence, GMMA) 2020-09-01

Trade Idea Good morning. Today is the first day of the month. Yesterday the re-balancing at the end of the month was...
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Best forex indicators: CCI (1) Why CCI is the most powerful indicator

CCI is one of the most powerful indicators. Because it's super quick and reacts quicker than other oscillators. Divergence of CCI occurs faster than one of RSI. Also, CCI responds sensitively.
Trade Idea

Trade Idea (RSI, Woodies CCI, Divergence, GMMA) 2020-08-31

Trade Idea Good morning. Today is end of month, so please be careful about re-balancing at London fixing. Last Frida...
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Divergence Trade Strategy (5) Why hidden divergence implies continuation of trend?

On occurrence of hidden divergence on an uptrend which connects two points (Lower Low and High Low) is affected by; "The strong momentum of the early stage of uptrend that is included in the formula of the oscillator at the Lower Low, but is not included (by the passage of time) in the formula of the oscillator at the Higher Low"
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Divergence Trade Strategy (4) How to cut loss when you enter due to occurrence of divergence

If we judge the scenario was wrong after entry, we have to make loss cut as suitable level. Normally the loss cut line where the price exceeds previous high or fall below previous low. If price exceed previous high or fall below previous low, it is highly likely that the divergence itself has been denied, that is, the scenario that we drew has been denied. Therefore, it does not make sense to hold the positions anymore.
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Divergence Trade Strategy (3) Why we delay being aware of occurrence of divergence?

If we don't predict and wait for divergence, we will delay being aware of occurrence of divergence. Both regular divergence or hidden divergence, we analyze charts and indicators that are likely to occur divergence and create scenarios and wait.
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Divergence Trade Strategy (2) How to avoid fake of divergence

How should we avoid the "fake" of divergence? We should Judge high probability to win by not only the occurrence of divergence but also other factors. Also, we should watch whether to exceed last high or fall below last low and pay attention to the price action until just before the entry.
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Divergence Trade Strategy (1) Difference between Regular Divergence and Hidden Divergence

Hidden divergence implies trend continuation, and Regular divergence implies trend reversal. The most important difference from viewpoint of trade strategy is that Regular divergence is used for counter trend, and Hidden divergence is used for trend follow.
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