The Best Currency Meter For Forex Trading - Business - Nairaland
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| The Best Currency Meter For Forex Trading by jovoodoo(m): 12:37pm On Aug 25, 2015 |
Introducing the best currency meter in the world  80% of Forex traders all around the world today would agree to the fact that a currency trend is a major factor that influences the decision in any trade position opened in the FX market. The three major questions FX traders ask about a trend are: What is the direction of the trend? What is the strength of the trend? What is the stage of the trend? Currency Trend Meter is a tool developed to answer these three basic trend questions and more. What is the direction of the trend? With Currency Trend Meter, you can easily view the direction of the trend for all currency pairs in one window. It has two basic panels: one of the panels contains the strength of different currencies and the other shows the trend and strength of the currency pairs.
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| Re: The Best Currency Meter For Forex Trading by jovoodoo(m): 12:44pm On Aug 25, 2015 |
What is the strength of the trend? With Currency Trend Meter, you can easily ascertain the strength of a trend even if you are a novice. The strength of the trends for each currency pairs are displayed in percentage. From 0% to 100%, where 100% means a very strong trend, and the trend is weaker as the number declines.
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| Re: The Best Currency Meter For Forex Trading by jovoodoo(m): 12:47pm On Aug 25, 2015 |
What is the stage of the trend? With Currency Trend Meter, you can easily ascertain the stage of a trend even if you are a novice. The stage of the trend can easily be read off from the strength of the trends for each currency pair. The stages of the trend for each currency pairs are displayed in percentage from 0% to 100%, where 100% means an early trend stage and 50% means the trend is already half way.
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| Re: The Best Currency Meter For Forex Trading by jovoodoo(m): 12:59pm On Aug 25, 2015 |
Simplicity One good attribute of the Currency Trend Meter is its simple view. No complicated trend lines, channels, arrows etc... Just numbers that even a 5 year olds can read. |
| Re: The Best Currency Meter For Forex Trading by jovoodoo(m): 1:01pm On Aug 25, 2015 |
Conclusion If you are a Forex trader whose strategy involves trading the trend, then this is a must have tool for you. I would just like to add that no trading strategy is 100% perfect, so apply money management in your trading. To get this tool just halla at me here 08036876120 May the pips be with you |
| Re: The Best Currency Meter For Forex Trading by jovoodoo(m): 1:23pm On Aug 25, 2015 |
This tool can act as an excellent confirmation tool for your trading strategies. |
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