FX Weekly Ranking and Rating Wk11 / Tue. 10-Mar-2015

Thanks for the sharing. I like to learn more about this calculation.

You mentioned here AUD/NZD & GBP JPY pairs for short and long trade.

For both pairs rating is "=", So how to decide one for long and one for short?

Advance thanks for your advice.

Rgds, Pankaj 

Hello nirob76.

Thanks for asking, you are right. Positions have been opened when they were both strong and having a high ranking and rating. I also use the Currency score as a source and you can see there that the mentioned pairs look still fine. The Currency score gives a general view of the currencies and supports any positions taken. So, even if a positions may be low in the Ranking and Rating list it may be interesting to hold once opened. It is not the moment however to open any positions.

Once the positions are open they are most of the time stopped out if the rating become neutral and the ranking very low like AUD/NZD. This is not the moment that I did open the positions but when they are most of the time being stopped out.

Although I am sure the method used should work I am still searching and fine tuning the best way to enter a trade. I am using this calculation for the Monthly and Weekly strategy and publishing the information. For evaluating my trades I also use a Daily Strategy where I can see faster the results. I do not publish this information because that would be too much.

Kind regards,

FxTaTrader