FX:EURUSD   Fx Euro/Dolar U.S
USD still in a favorable cyclical position. The price suggests a potential trade with decent risk/reward.
Nah, how about you setup a comparing benchmark such as GBPUSD. And put it in 6m period ( I highly suggest to use starting date at Aug.1.17).
THen you will find out though EUR is currently high, but GBP is higher.
So, either EUR or GBP is higher. But EUR has lower comparing ratio compare to GBP.
Balas
could you give us some info about this indicator & time frame?
thakns
Balas
@lou007, this indicator is meant to show potential entry points, depending on the overall trend.
Balas
lou007 samuelevico
@samuelevico, parmeters?
Balas
@lou007, basically it lets you analyze the price on three different timeframes. the three parameters you see are the three cycles ranges
Balas
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