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1. Used imidiately after a strong news release to check the strong currency Vs the weak currency.
2. Identify the market trend. identify risk 3.Identify the aversion setiments

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Go to http://www.currencystrengthmeter.com/76/7-best- uses-to-profit-from-currency-strength-meter/

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After a high impact news release, look for a weak currency versus a high currency. Choose the right pair (based on the individual currency's strength) that can possibly give the most movement.

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The first one is using the Currency strength meter during a high impact news release.