why I STOPPED USING THE CURRENCY strength meter - DO this instead

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RockzFX Academy

RockzFX Academy

Күн бұрын

Пікірлер: 150
@RockzFX
@RockzFX 3 жыл бұрын
PLEASE do not respond or communicate with the fake RockzFX Academy KZbin channel that messages in my comments. I do not speak to anyone via whats app or offer financial advice and promise 200% returns in 10 days! They are fraudsters. PLEASE REPORT THEM!
@jeremiah6725
@jeremiah6725 3 жыл бұрын
I got a message from them too.. almost fell for their tricks
@Andresnum01
@Andresnum01 3 жыл бұрын
Can you be my mentor im from uk too been studying since i was 18 on & off
@cheickmariko7849
@cheickmariko7849 3 жыл бұрын
Thank you Sir for this video ✅
@ifeanyinumalo4654
@ifeanyinumalo4654 3 жыл бұрын
Check his previous videos you will see them well explained. Thanks
@tilosegodi7147
@tilosegodi7147 3 жыл бұрын
Hi rockz I hope you having a great day do you perhaps know how to catch the Nasdaq 4:30 movement Please make a video on it
@johnrobertestiola2784
@johnrobertestiola2784 Жыл бұрын
Personally, CSM changed the way I trade coz it focuses the right currency pair to trade at specific time. Just don"t use CSM in isolation, use it with other technical indicators and support & resistance, and price action
@TRAVELTONATUREWITHAKSHAYJ
@TRAVELTONATUREWITHAKSHAYJ 3 жыл бұрын
Bro write a book on complete analysis of PRICE ACTION by-ROCKZ FX. What you think guyz -? Because every one not able to purchase the course !
@prosperitymagnet888
@prosperitymagnet888 2 жыл бұрын
This absolutely makes sense. This takes a lot of patience but way very useful to make profits. I'll practice this. Thank you very much.
@johnbosco7609
@johnbosco7609 3 жыл бұрын
Rockz men you just blast my final piece of trading strategy thanks men you re a pro and God bless.
@littlefishinvestors7457
@littlefishinvestors7457 3 жыл бұрын
Such a simple but powerful way to decide market bias.
@thatslife88
@thatslife88 3 жыл бұрын
This advice gives me more confidence on my trades. This is by far one the most powerful technique! Thank you so much sir.
@osamasaleh5264
@osamasaleh5264 3 жыл бұрын
I was doing the same thing with GU while confirming my bias using DXY chart, but this video has taught me how to add more confluences, Thanks alot
@alvaroday
@alvaroday 3 жыл бұрын
ive been using the currency strength meter on binary option for the last month and i been doing great!
@Abdinasir4
@Abdinasir4 3 жыл бұрын
This guy is giving all of this pure gold value. God bless you my bro respect to you..
@gregboston6237
@gregboston6237 3 жыл бұрын
Amen!!! 🙏🏽
@ojugbeleabayomi1953
@ojugbeleabayomi1953 2 жыл бұрын
Thanks Mr rockz your videos has really changed my trading journey i will keep watching your videos
@aneil3041
@aneil3041 9 ай бұрын
One of the best videos I've seen on trading.
@jonathanlee5185
@jonathanlee5185 7 ай бұрын
👍Thanks. Yes, your system of comparisons/correlations has the advantage of being applicable at the time of placing one's trade. 👍
@cheeweefoo4590
@cheeweefoo4590 3 жыл бұрын
hi, i agreed with you.. currency strength meter usually lagging, as we want to trade now,the high TF will tell u what structure is it telling you. thanks for the lesson...great knowledge...
@ravimunsamy9104
@ravimunsamy9104 8 ай бұрын
Actually you can create your own currency strength meter.Create a simple matrix on excel then then use 21 and 89 ema so you actually determining the strength of a currency on a trend basis which I think is very Powerful. Use the moving averages on a daily chart and 4hour chart
@sound4u90
@sound4u90 3 жыл бұрын
Priceless knowledge. There are so many trading courses out there but even the paid courses doesn't match the level of knowledge you provide. Thank you so much for being a great teacher, You are the best teacher😄😄 Love from India❤️❤️
@dreadpooll
@dreadpooll Жыл бұрын
Amazing stuff! another weapon added to my arsenal. with practice, I will destroy these markets.
@tumelorakotsoane4266
@tumelorakotsoane4266 3 жыл бұрын
You're contradicting yourself. You say currency strength indicators only show the strength of a currency after the market has moved, but then, later on you say "in order to see if GBP is stronger than USD (In your example) we need to see the market pushing bullish". So, basically the trend has already happened... Well, it's clear that there's no way to know if the currency is strong or weak without any movement. And by the way, CS indicators makes it easier to identify (Probably even earlier before you notice, since you're only looking for movements in different charts), especially for beginners... It's easier to look at a single chart displaying all currencies at the same time than switching charts looking for movements to conclude which one is strong/weak...
@thegod625
@thegod625 3 жыл бұрын
Yeah he just shot himself in the foot with this video lol...
@lwazeem
@lwazeem 3 жыл бұрын
You are right Tumelo.
@ronaustinmboya
@ronaustinmboya 3 жыл бұрын
you got him
@cheeweefoo4590
@cheeweefoo4590 3 жыл бұрын
Hi,guess you dun understanding what he is trying to put across the knowledge..currency meter are lagging indicator..i been using it,trust me, it doesnt help but confused you more in trading. there are ways to know if the currencies is strong or weak. I have found the skill set to that. u be surprise that are alot more just to using currency meter to trade decision. be open minded to learn.most trader failed as refusal to learn or they think they know better...meaning..i know already..this is going to put you into a close mind to learn. just be happy to learn as he is putting effort to teach you good stuff....be kind and be humble...cheers
@hemrajrasulan8093
@hemrajrasulan8093 3 жыл бұрын
Tumelo, I Totally agree with you
@robertvamplew8889
@robertvamplew8889 3 жыл бұрын
Excellent summation - I do not use indicators, prefer to use my brain and wait.
@wemersonsmile6666
@wemersonsmile6666 3 жыл бұрын
Thankful for the last video. It was very helpful
@HWTF
@HWTF 3 жыл бұрын
Can we get a next multiple timeframe confluence video, with entries....Please
@xpertgamer2264
@xpertgamer2264 3 жыл бұрын
Please do this ^^^
@bevisleiyan2273
@bevisleiyan2273 3 жыл бұрын
This would be good
@samirjobe1385
@samirjobe1385 3 жыл бұрын
Yea please
@shawnm1286
@shawnm1286 3 жыл бұрын
check past videos u will find that
@HWTF
@HWTF 3 жыл бұрын
Ye ik am just asking for one more
@kendalbyron5648
@kendalbyron5648 3 жыл бұрын
So pleasing to watch 🙌🏾🙌🏾🙌🏾
@shaunlottering9934
@shaunlottering9934 3 жыл бұрын
wow i am so learning from this channel...
@IvanTheReptile
@IvanTheReptile 3 жыл бұрын
This mans is going straight into heaven 🙌🙌
@lykveekk1749
@lykveekk1749 3 жыл бұрын
You're doing a great job man 🚀
@ブシャンハスタック-w7v
@ブシャンハスタック-w7v 3 жыл бұрын
Excellent sir. I will try this from my next trades.Thank you so much🙏🙏
@noobex018
@noobex018 3 жыл бұрын
Or check dollar index if you're trading against usd..
@philiptaarnager2195
@philiptaarnager2195 Жыл бұрын
Great video and great information. I'm definitely going to look at your channel for more information 👍
@Von01
@Von01 Жыл бұрын
Very useful. THANKS MAN
@nickotim
@nickotim 3 жыл бұрын
Thanks man. This was very useful
@indrajaya2396
@indrajaya2396 3 жыл бұрын
Your videos are always very useful for our progress rock..💯💯💯💯💯💯
@fredrickpeterson9975
@fredrickpeterson9975 3 жыл бұрын
As the economy crisis keep rising,one needs to have different stream of income, one needs to have a diversified portfolio in order to survive
@cosmasdesmond8468
@cosmasdesmond8468 3 жыл бұрын
Cryptocurrencey is the best and very profitable when it comes in investing.
@aprealaebiegberi7001
@aprealaebiegberi7001 3 жыл бұрын
Thanks as always another valuable content
@syedabdullahshah149
@syedabdullahshah149 3 жыл бұрын
Always something powerful 💪
@Francine_Nthele
@Francine_Nthele 3 жыл бұрын
wow always on point and learning something new .. Lots of love Rockz
@linao8688
@linao8688 3 жыл бұрын
Amazing content. Makes so much sense. Thanks
@isaacmucheche2363
@isaacmucheche2363 3 жыл бұрын
Thank You Man. This is Absolute Georgous..
@godspowerodior4125
@godspowerodior4125 2 жыл бұрын
I'll stop using the currency strength miher 🙃 Amazing content !!
@roystoncartwright5640
@roystoncartwright5640 3 жыл бұрын
thank you rockz as always
@ucpoundz5124
@ucpoundz5124 3 жыл бұрын
Very useful I've really learnt alot from you thanks for your help
@gobonimodoon8601
@gobonimodoon8601 3 жыл бұрын
Magic Salute to you my brother
@TheWinghochui
@TheWinghochui 3 жыл бұрын
Thanks for your sharing!
@desertmaths2513
@desertmaths2513 3 жыл бұрын
Great video chief. Just one thing - not a fan of those blue candles - a wee bit confusing. More of a red and green man myself.
@jd7083
@jd7083 3 жыл бұрын
LOVE the reality Check video. I thought I add the comment here as the comment function was disabled.
@tenkcliff37
@tenkcliff37 2 жыл бұрын
Thank you Rockz the thought had crossed my mind about finding confluences using similar currency pairs great video explaining how its done :) Q) how to you know how far to put your take profit ?
@djtefla7635
@djtefla7635 3 жыл бұрын
Bro, you,'re solid!
@BAMAKO64
@BAMAKO64 3 жыл бұрын
Oh my dayz this geez Dr. Wicks P.H.D🤯
@HWTF
@HWTF 3 жыл бұрын
Rockz back at it
@rockzfxacademy1390
@rockzfxacademy1390 3 жыл бұрын
For something new
@dralshaer85
@dralshaer85 3 жыл бұрын
Always, wonderful, keep it up..
@desmonsingh5468
@desmonsingh5468 3 жыл бұрын
or you can look at the dxy on tradingview to determine strength aswell
@chrish.2360
@chrish.2360 3 жыл бұрын
Bobs your uncle?! Nah dude, rockz my uncle!!
@mauricehurst4886
@mauricehurst4886 3 жыл бұрын
good video! thanks bruv
@riicanthony
@riicanthony 3 жыл бұрын
Great information bro really appreciate it. How would you reccomend back testing something like this.
@faradaytimes
@faradaytimes 3 жыл бұрын
What if the GBP is stronger than dollar and doller is stronger than cad how will u know which one is weak
@FX_Motivationz
@FX_Motivationz 3 жыл бұрын
This guy's accent really pulling me to him! I love it! 😂 aside that, so happy i found you ... PRICE ACTION WAYS... SO MUCH TO LEARN FROM YOU ... Thank You for the education.❤
@thomkid402
@thomkid402 3 жыл бұрын
I always look forward to your videos. I can't thank you enough for sharing your knowledge. And, can you recommend books I can improve my forex jurney, please. God bless all.
@Mpho-Jan-Tsokela
@Mpho-Jan-Tsokela 3 жыл бұрын
Rockz you're an absolute (😍LEGEND😍)
@maxwelkhumalo3017
@maxwelkhumalo3017 3 жыл бұрын
I respect Sir, 🙏thank you
@fxcyber6707
@fxcyber6707 3 жыл бұрын
Hey im a huge fan. Im wondering if you can make a video on how you set your risk to reward. because i see you varies between1:2 and 1:3. Thsnks
@jinnatalamsumon2013
@jinnatalamsumon2013 3 жыл бұрын
thanks a lot brother💜💜
@D_balor3
@D_balor3 9 ай бұрын
What was you reason of you stop using the currency pair meter
@dimitribarrow7
@dimitribarrow7 3 жыл бұрын
Thanks coach
@darianthomas849
@darianthomas849 3 жыл бұрын
Keep these videos coming
@pradipfourcorners6281
@pradipfourcorners6281 10 ай бұрын
Can you plz tell me why maximum trader do KZbin channel, no one replied to my question that i asked to all trade related youtuber
@TradeWithSMC143
@TradeWithSMC143 3 жыл бұрын
Hello Sir please talk about fundamental analysis and how we can combine them to technical analysis and how to trade them ? And one more questoon Is Trading psychology ? Tnx
@ArunYadav-yj3hd
@ArunYadav-yj3hd 2 жыл бұрын
Using currency strength meter I miss the move and left as a laggards. How to find a smooth pair to trade . When I get that pair it will start acting as choppy after some time. Pls guide if you get my point.
@FX_Motivationz
@FX_Motivationz 3 жыл бұрын
This is fire !!! Oh my!!!! Dang!!! Eye opener! 💥💥💥💥💥💥
@Rough-things
@Rough-things 3 жыл бұрын
Rockz U Rock!
@rock93soad
@rock93soad 3 жыл бұрын
How do you switch between currency pairs without the replay mode not getting re-set? When I'm in replay mode and switch to a different currency it always re-sets the price to the live market. Thanks
@Alfonzo6000000
@Alfonzo6000000 2 жыл бұрын
I have been using this technique with the compare symbol feature and it works pretty good too
@samueloko5506
@samueloko5506 7 ай бұрын
Wow wow wow this is mind blowing
@synerster
@synerster 3 жыл бұрын
how do you know which currencies to look at for strength, like i trade only the GU , so do you see GBP/nzd, gbpjpy or how many pairs?
@jkoresh5483
@jkoresh5483 3 жыл бұрын
The good question is, How to get "Banks and Institutional Derived Data of positions and Pending Order in real time" to go long or short.. Any input please. Thank you
@kragodile532
@kragodile532 2 жыл бұрын
Institutional traders win and lose just as often as retail.
@praygodmlay9347
@praygodmlay9347 2 жыл бұрын
information overload, what is the different btn you and the apps we are using because both of you you are looking for a past information, now am in trust issues
@ravimunsamy9104
@ravimunsamy9104 8 ай бұрын
You can create your own currency strength meter using excel and using moving averages
@GlobalWay2024
@GlobalWay2024 3 жыл бұрын
Watching your channel
@Prophet_Israel_Adepoju
@Prophet_Israel_Adepoju 3 жыл бұрын
My spirit prays for you always....
@deedeebanbe4637
@deedeebanbe4637 3 жыл бұрын
What time frame do you trade
@waverider9123
@waverider9123 3 жыл бұрын
Do you trade live?
@geraldwilliams4623
@geraldwilliams4623 3 жыл бұрын
Can we use the dollar currency index(dxy) to look for strength or is it best to use a currency pair?
@ryanbaker7419
@ryanbaker7419 3 жыл бұрын
I have found that currency index such as dxy are very useful in using them as a confluence to determine currency strength. They have helped me out a lot in my trading.
@Aze876
@Aze876 3 жыл бұрын
That moment when you're watching Tuesday's video and saw the notification for today's video come up 😁
@Forexsmc880
@Forexsmc880 3 жыл бұрын
Thanks alot..... u made my day daily... Upload more and more videos for us.... Please make video on correlation between Dxy and other pairs like gbpusd eurusd etc etc. Can we trade on the base of DXy movement or not...?
@vajliakduke6231
@vajliakduke6231 3 жыл бұрын
DXY is a math formula, it's built in order to take a weighted average which measures relative strength of Dollar vs major currency. Euro currency has heaviest weighted in this formula. Now you can trade it that way, but it's better if you look at specific currency pair rather than a mere math average formula. And if you put it in the wrong context, trade with DXY can be disaster if you choose the wrong correspondent currency. For example: in a typically risk off environment, while DXY bullish because indeed USD is getting stronger vs majority of currencies, but if you pair it with JPY then you might not get and reward.
@deedeebanbe4637
@deedeebanbe4637 3 жыл бұрын
It will also help if u could write a book bro ,I want trading to be my everything,it has not been easy understanding somethings😣😣
@KpNevsdad27
@KpNevsdad27 3 жыл бұрын
That was Goated
@gregboston6237
@gregboston6237 3 жыл бұрын
No homo, but I love you so much man❤️💪🏽
@MoveLove427
@MoveLove427 Жыл бұрын
Even without a strength meter we use structure which is previous/historical price action, so saying indicators are "useless" because they provide data after price has moved/closed doesn't really make sense. No indicator works in isolation, they are best used in confluence within a broader trading system. Indicators deffo ain't useless 😂
@GOATLAVISH777
@GOATLAVISH777 2 жыл бұрын
You have the REPLAY button at the top, you KNEW this was going to be a winning trade, come on man
@GlobalWay2024
@GlobalWay2024 3 жыл бұрын
Hi Rock I’m watching your for quite a while and you are from Uk and I live in Swindon (m4 Bristol way) I’m trading for 5 years and never look for a mentor but I think it’s time now. I lost a bit money already and I can’t get the consistency it’s crazy I’m so angry with myself something missing and I can’t see it Can you help Thanks Nuno
@Coinsortium
@Coinsortium 3 жыл бұрын
DXY BABY Just use that as confluence
@RyBread22
@RyBread22 3 жыл бұрын
What exactly is that and where do I find it in tradingview?
@Coinsortium
@Coinsortium 3 жыл бұрын
@@RyBread22 you can just search the DXY like any other pair on trading view its the dollar strength index shows the value of the dollar.
@Attitude-royale
@Attitude-royale 2 жыл бұрын
Mate, why don't you just use the indicies as they literally measure the currency relative to the others?
@alwayshemil7282
@alwayshemil7282 3 жыл бұрын
sir plz start u live market anylisis dailly time
@sulayman7w
@sulayman7w 3 жыл бұрын
U should learn more how to use currency app
@yklotto802
@yklotto802 3 жыл бұрын
does it work well for you ?
@mario6820
@mario6820 3 жыл бұрын
I wonder how can someone dislike this ? 👽
@el-sig2249
@el-sig2249 3 жыл бұрын
So the fact that price moves before indicators is proof that they're useless?! You're obviously a good PA trader, but it seems, like most people, you never really understood how indicators are actually supposed to be used.
@chrisfisher6624
@chrisfisher6624 3 жыл бұрын
Why did you choose those pairs to make the comparison. You could of chosen eur/usd , aud/usd, usd/jpy. Why usd/cad with cad/jpy and gbp/usd. Aren't you manipulating the currency to fit the narrative.
@vajliakduke6231
@vajliakduke6231 3 жыл бұрын
Indeed. I think better explanation would need some fundamental reason behind the scene. At the time he recorded this video, it's a yield catching trade across the market. For the Dollar at the time, we have rising yield, better recovery, fairly safe as well. CA was getting huge benefit from rising oil. So these 2 are the best among major currency. It's not wise to go short a beast and long a monster. We should, instead, go short an unarmed and go long a monster. Lowest rate currency at the time are JPY, EUR and CHF. Perfect carry trade is to match that 2 group of high & rising rate vs low & falling rate.
@icc.concepts
@icc.concepts 3 жыл бұрын
Powerful. Simple and sexy. Thanks dude
@samuelmwangi8496
@samuelmwangi8496 3 жыл бұрын
I was looking for the best currency strength meter then found this. Phew
@danielbrink9475
@danielbrink9475 Жыл бұрын
Man this is savvy so you find the corelated pair in terms of strength and weakness and look for evidence of strength/ weakness in relation to your bias
@Lxium
@Lxium 3 жыл бұрын
Rockz you dench
@johnmaeda7294
@johnmaeda7294 2 жыл бұрын
🔥
@Slychek
@Slychek 3 жыл бұрын
BOB'S YOUR UNCLE, MATE. I rest my case
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