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Here is my ForexGT_Spaghetti indicator – which measure each individual currency strength (8 Majors).
Each currency have it’s own color – the CHF (grey) EUR (blue) and JPY (yellow) are currently highlighted.
Currency strength is one of the most predictive indicators available, if done correctly.
To illustrate this I posted the “not so obvious” trades posibilities – where I trade SHORT the strong currency and LONG the weaker currencies.
Pic#1 shows current situation, when CHF (grey) is the strongest currency, but starting to “fall”. The EUR (blue) and JPY (yellow) are weak, but starting to rise.
You can see it on the chart rightmost vertical red line.
At this position I trade SHORT CHFJPY and LONG EURCHF.
Results will follow…