August 18, 2015 Daily Analysis

8/18 Analysis: Timing the Momentum

Just prior to the London open, you can see all currencies moving sideways. That means there is no momentum in the market currently.

But, you can identify that the CHF (turquoise line) up top is the strongest and the AUD (orange line) down below is the weakest.

If we fast forward a few minutes, we see this:

The EUR & CHF have both turned up indicating current momentum in the market and the AUD has turned sharply down.


You can see at the London open, price did go sideways as we first saw on the indicator. But then, we get that big move up on 1 price bar. I’ve marked where you could have entered when the momentum showed up on the indicator. From that point, price went in your favor 25 pips.

Timing the momentum is key to getting into high probability, low risk trade set ups.

When you watch the entire video analysis below, I’ll show you how to protect against a full loss on a trade that didn’t hit the profit target:

You can see that our Currency Strength Indicator is an effective tool for picking out the highest probability, lowest risk trade set ups while avoiding market conditions that aren’t favorable. If you keep using this tool every day along with our daily Forex analysis, you will increase your win rate and be on your way to becoming a profitable trader long term.

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James Edward
James Edward has been a successful Forex hedge fund manager & educator for over a decade. He founded Complete Currency Trader, a London based firm that has consistently trained individuals to become professional and profitable traders long term using the individual currency strength analysis methodology. CCT is an elite Forex educational firm and has a reputation second to none with over 90 positive reviews and an overall 4.538 out of 5 rating on the third party verification site Forex Peace Army. James’s affable personality, expert knowledge, notoriety for getting results, and steadfast dedication to his clients, has secured his position as one of the most trustworthy, liked, and in demand authorities in the industry.