Good day everyone!
This is a quick update to my February article contest entry: Optimizing Your Intraday Trending Strategy with Dukascopy's Market Data .
I'll be sharing with you two more market data tools offered by Dukascopy, that will help you with your intraday trending strategies:
Movers & Shakers FX
Once again, since you are looking for pairs that are trending well, you can spot these easily with Movers & Shakers data tool.
Take a look at the following snapshot:
By selecting the biggest gainers/losers of the day (or the hour, in order to catch the moves early), you'll be able to filter trending currencies.
Market Signals
Another quick way to check trending pairs is to use the Market Signals tool:
By spotting which pairs are nearing previous high you may anticipate breakouts, which usually lead to good trends.
I hope these 2 quick tips will help you further on spotting trends and entry opportunities!
This is a quick update to my February article contest entry: Optimizing Your Intraday Trending Strategy with Dukascopy's Market Data .
I'll be sharing with you two more market data tools offered by Dukascopy, that will help you with your intraday trending strategies:
Movers & Shakers FX
Once again, since you are looking for pairs that are trending well, you can spot these easily with Movers & Shakers data tool.
Take a look at the following snapshot:
Picture 1 - Movers & Shakers
By selecting the biggest gainers/losers of the day (or the hour, in order to catch the moves early), you'll be able to filter trending currencies.
Market Signals
Another quick way to check trending pairs is to use the Market Signals tool:
Picture 2 - Market Signals
By spotting which pairs are nearing previous high you may anticipate breakouts, which usually lead to good trends.
I hope these 2 quick tips will help you further on spotting trends and entry opportunities!