Currency Strength

Currency strength is a brilliant tool if you know how to use it. A quick Internet search will introduce you to two handfuls of ways to trade currency strength with tools, which often leave the user feeling overwhelmed and confused. In this post I present the new Pipnotic Currency Strength Histogram, which is the most […]

Currency strength indicator development has occupied us at Pipnotic for a very long time. Since 2010 our primary focus has been supply and demand, but our study of currency strength resulted in the development of some currency strength utilities that we used for the purpose of improving our supply and demand software. Due to the […]

While randomly selecting a currency pair to trade is the recipe most follow when trading currencies, one key ingredient is missing. In this article I will discuss the concept of currency strength and I’ll show you how to perform a currency strength analysis and how to use the result of your analysis. Have you ever asked yourself what currency trading is? […]

Have you ever been caught on the wrong side of a trade, when what appeared to be the beginning of break-out turned into a break-out failure? If you trade session opens like the London open then you more than likely have. In this post I’ll have a closer look at this topic and look at one […]

If you ask a room full of currency traders which pairs they trade, the vast majority will be quick to respond and tell you that they prefer certain currency pairs over others. Despite the fact that this is very common practice, I find it to be fundamentally wrong. Three years ago I began looking into the relative strengths of individual […]

Having the ability to assess the strength or weakness of the two currencies you trade can be extremely beneficial in many ways. If you are trading the USDJPY and both currencies are equally strong then you’re looking at a sideways market. If the dollar is strong and the Yen is weak then the USDJPY will rally. […]