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Posted
In Russ Horn's Master Method there is a currency power meter which looks like it was "borrowed" from a Russian website. It shows 2 readings for each individual currency and I would like to know if anyone has any instructions on how to use it or what the second reading is for. There is nothing in his manual about it.
  • 2 months later...
Posted

You can easily have the same or almost the same visiting CurrencyStrenghtMeter. For free. I uploaded it once here.

And yes, currency power is a good idea to follow.

Posted

Very tricky to trade indications from currency meters! You see USD strongest and JPY weakest. You open buy trade exactly on beginning of pullback and the trade is going against you. Stay only to pray that the pullback will be short. Meters are only informative and many of them show wrong indications! Before I got smarter I also traded meters indications, long time ago.

Cheers Hermes

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