When using the currency strength meter to trade the news, how long after the announcement should I wait to trade.
I've just finished watching Henry Liu talk about how he uses the currency strengh meter to trade a strong currency against a weaker one immediately after a news announcement. How soon is immediately? Are we talking seconds, one minute, five minutes?
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- In Forex Strategies
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- Titanbd
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- 1 year ago
Answers
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There is no specific timing, but one of the main uses of the strength meter is to look at the strength of the currenies for confirmation when trading immediately after a news release. Please look at this video on the 7 best uses of the Currency Strength Meter: http://www.currencystrengthmeter.com/76/7-best- uses-to-profit-from-currency-strength-meter/ Source(s): CurrencyStrengthMeter.com |
