EUR

agree Cat.. CBs trading is dominating EUR.. particularly early in asia.. there is a lot USD vs. XYZ interventions around Lon/NY trading which requires book balancing via EUR later..

Thx Cat.. that makes your rs calls a little bit more clear to me.. I think heat map is closely reletad to your rs, but need to research that a bit further.. I use 1h/4h heat map as a supplementary tool to make extra pips in the Asian session eg. turbo charge an existing pair trade or do a little basket trade perhaps..

btw after seeing the same you did in EUR before NY close Fri I switched EUR short to long..

Saw a recovery in EUR rs before NY close...but USD rs moved up in parallel so EURUSD didn't move up. I went long in a small position @1436 on friday. The pair closed lower 14343

@jacek
no the system computes the relative strength of every currency separately according to all
interbank trades or as their result. That is EUR relative strength is computed from EURUSD EURGBP EURJPY... and so on. Thus its output is EUR USD JPY AUD... relative strength which is a number updated about every 2 seconds. These numbers are the input for my system.

@Chloe he has to defend his trades as they were duds...sorry but they were. Now to save face he has to try and silence anyone who claims otherwise.

hey ignore stop wasting your time defending ur trades..all that matters is wheather or not your acct climbs or declines,i wouldnt waste any more time on gumsmackin.why some1 spents soo much time hassling you is beyond me,you have proven over time to be a very productive member of the forum helping out the newbies when you can(which is often)and for u to be confident in your work is a needed trait as a trader..we cant have traders lacking confidence can we lol..what a mess that would be :)..as for the eur i see it trading no lower than 14110=78.6% from 1.3950low--1.4700high...and no higher than the 78.6%1.4719 from the 1.4950high--1.39500 drop..just consolidate between these levels untill the new bias is set..fed ending qe programs or not/ecb makes headways with debt issues/rate hikes..which we will know at the end of the mth so play the ranges.but having said that we should stick with the eur currently having the more posi bias vs usd..so to get long @current level 1.4310-30=roughly my 50% is valid or the 61.8%retrac=14230area...but a clear break of any 78.6% calls up much bigger pops/drops:)..any newbies chk out mark braun web site for fibonacci learning,he did a great webinar yesterday deffin worth checking out..ok guys gl this week:)