Clear message, clear structure, easy to understand, thank you

Excellent video. I'm going to go away and test this. 👍🏾

Really useful John, Thanks. Great inside tips cheers

Very practical. Thanks dear.

Brilliant, thanks John. Just what I needed

Hi John, this is something I have been searching for, for a while. I just have one question. How do you end up with Negative Numbers if you only work with 1 and 0 values?

@BlueberryMarketsForex

Жыл бұрын

Hi Jesse, yes sorry I forgot to mention this in the video, but you want to find the sum of the For column against the Against column. So let's say the GBP here instead of being majority 1's in the for column and all 0's in the against, let's say it was 2 in the horizontal 'For' column and 4 in the vertical 'against' column you would do 2 - 4= -2 for the total.

It's very helpful video. Thank you for this video.

The only thing that I didn’t understand is the negatives. How did you come up with the negatives.

@BlueberryMarketsForex

10 ай бұрын

Hi thanks for the comment, I recently updated this in a live stream you can rewatch it here kzread.infovdQtPqkx-AM

Thanks John very helpful I'm gonna tryn do as you do. I've never seen this before, very helpful thanks.

This is very cool. Thanks

Hi John, very interesting mate, thank you. One question; when would one form the strength/weakness chart? At the beginning of the week? I.e. Sunday evening/Monday morning? Look forward to your reply

Hi John, love the chart, will be working with it this weekend so thank you :) quick question, how important are the previous weeks 'numbers' and if they are, how would you use them?

Hi I have a question, would it make sense if I used a line chart rather than a candle chart in order to judge the scores?

This is good, but I think using a moving average does a better job. I use the 50 period MA on the daily chart, so it doesn't fluctuate so frequently. If the market closes above the MA at the end of the day, the base currency gets 1 and the quote gets 0, if it closes below the base gets 0 and the quote gets 1, then add together the 1s, and you'll get a nice result from 7 to 0 every time, if you have done it right. Another advantage of the MA method is, that you don't have to do much guesswork if you should give 1 or 0 to a currency, it is less subjective.

@05oscar05

Ай бұрын

Make a video on this please if you can.

@BlueberryMarketsForex

15 күн бұрын

Hey thanks for the idea! I have now started a 50MA one and keeping track of it to see how it performs!

@CsondesMateHUN

14 күн бұрын

@@BlueberryMarketsForex no problem. Since the comment I actually switched to the 15 period weekly exponential MA, and I analyse the changes only on the weekend. But I am a daily chart trader. The logic always applies throughout timeframes, of course the longer ones are stronger. Feel free to play around with it.

@BlueberryMarketsForex

11 күн бұрын

@@CsondesMateHUN Thanks I will have a look into it!!

Thanks, very clearly explained 🎉

@BlueberryMarketsForex

5 ай бұрын

Thanks!

This video was very helpful. I do have a question for anyone who might be able to answer. How do you get the negative numbers on the meter? Wouldn't all the scores read zero or above?

When you talk about the possible reversel that means that the trend can change? Like, the result of the currencie GBP is +6 on this week, so next week it's possible see a reversel of the actual trend? If any currencie have a 5,6,7 as result that could be a signal of trend switch?

In what timeframes are u guaging this strength meter?

@BlueberryMarketsForex

Жыл бұрын

Daily time frame

If you do not subscribe and like the video you are wicked this is a real he really make me understand how to find out which currency is going to be weake and the one that will be highe i can know how to place an order right now sell are buy is now easy for me to place thank you for the video god bless you

@BlueberryMarketsForex

Жыл бұрын

Thank you for the kind comment Clement

Question, how do you identify if a currency is neutral???

@trevorphillips1458

Жыл бұрын

If its -4 to -1 or +1 to +4

Hello what timeframe did you analyse the market?

@BlueberryMarketsForex

3 жыл бұрын

Hi Gil Boy, thanks for the question! John analyses the market using a top-down approach, starting on the weekly timeframe. Hope this helps :)

@albertbonita5976

3 жыл бұрын

@@BlueberryMarketsForex How would you go about if we are looking at a 1HR or 4HR chart?

@BlueberryMarketsForex

3 жыл бұрын

@@albertbonita5976 Hi Albert, thanks for this question! You can apply this to the lower timeframes but it would take up a lot of your time updating it every hour. Hope this helps :)

I have a question about how you mark mines in your table? can you please explain how a currency gets -5 for example?

@howtoplaypianobyelina1746

4 жыл бұрын

@@BlueberryMarketsForex many thanks, the point is clear to me now :-)

@howtoplaypianobyelina1746

4 жыл бұрын

@@BlueberryMarketsForex many thanks, the point is clear to me now :-)

@MercedesTech

2 жыл бұрын

Yea, I don’t get how you would end up with a negative number.. how would that happen?

@Stoneyman

2 жыл бұрын

@@howtoplaypianobyelina1746do you use this currency meter in your trading? If yes, how did he explain to you about the negative numbers. I need help

How do you get minus 3 or 2

@BlueberryMarketsForex

5 ай бұрын

hey yes sorry I forgot to mention this in the video, but you want to find the sum of the For column against the Against column. So let's say the GBP here instead of being majority 1's in the for column and all 0's in the against, let's say it was 2 in the horizontal 'For' column and 4 in the vertical 'against' column you would do 2 - 4= -2 for the total.

This analysis is part of how I trade. You should be charging for this or take it out haha. Fortunately, the most important parts of trading are discipline and money management, so knowing this alone does not make one a profitable trader. But this analysis is absolute gold. I wonder if people who have seen this video realise how powerful this video is

@sam56094

2 жыл бұрын

Taking it down, typically greedy comment 😂