I hope everyone took some nice profits since the move at ++ 1,600.
Everything is going well with the platform still showing +1,000 except for gbpaud which has been trying to get funny on us and had 2 recrosses. This one has a mind of its own and I’d advise you not to trade it in your account in the beginning. Leave the bot on in your observation platform but turn it off in your account. It does these recrosses that’ll make you say religious words and frustrate you, but once it starts to fly in the right direction, wow, it’s a spectacular thing to see.
I stumbled on an indicator today called Pair Difference (well I stumbled on it in my own directory while searching for something else, I must have had it for a long time). See pic below:
You’ve got 8 pairs on this, the 2 missing are the CHFs (can only input 8 pairs in the indi).
Here are the colours:
Audusd: white
Eurgbp: yellow
Eurusd: red
Eurjpy: purple
Gbpaud (the brat!): gray
Gbpjpy: olive
Gbpusd: lime
Usdjpy: aqua
I don’t know how it can relate to our platforms and I’m not even sure what I’m looking at but notice something happened on July 2 (last Thursday). I remember there was big movement around 16:00 (I spoke about this on here) probably due to profit taking before the US holiday but I’m not sure it has something to do with this. For a moment (this chart is the 1H bars) the pairs all seemed to “not” have any difference and then they started parting again.
I’ll need to look into it more closely in case it can give us an additional cue as to when markets are changing direction (always looking to find an extra edge!). I’ll upload it to the download link in a second. If you hover your mouse over the lines on your screen you’ll see what pair it is.
