PLEASE do not respond or communicate with the fake RockzFX Academy RUclips 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!
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
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...
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
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...
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
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❤️❤️
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 ?
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.
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.
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.❤
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.
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
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 😂
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.
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
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
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...?
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.
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.
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
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.
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
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
PLEASE do not respond or communicate with the fake RockzFX Academy RUclips 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!
I got a message from them too.. almost fell for their tricks
Can you be my mentor im from uk too been studying since i was 18 on & off
Thank you Sir for this video ✅
Check his previous videos you will see them well explained. Thanks
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
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
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 !
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...
Yeah he just shot himself in the foot with this video lol...
You are right Tumelo.
you got him
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
Tumelo, I Totally agree with you
Rockz men you just blast my final piece of trading strategy thanks men you re a pro and God bless.
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.
Such a simple but powerful way to decide market bias.
Can we get a next multiple timeframe confluence video, with entries....Please
Please do this ^^^
This would be good
Yea please
check past videos u will find that
Ye ik am just asking for one more
This guy is giving all of this pure gold value. God bless you my bro respect to you..
Amen!!! 🙏🏽
👍Thanks. Yes, your system of comparisons/correlations has the advantage of being applicable at the time of placing one's trade. 👍
Bobs your uncle?! Nah dude, rockz my uncle!!
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
Cryptocurrencey is the best and very profitable when it comes in investing.
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
or you can look at the dxy on tradingview to determine strength aswell
This advice gives me more confidence on my trades. This is by far one the most powerful technique! Thank you so much sir.
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...
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
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❤️❤️
ive been using the currency strength meter on binary option for the last month and i been doing great!
Or check dollar index if you're trading against usd..
One of the best videos I've seen on trading.
Amazing stuff! another weapon added to my arsenal. with practice, I will destroy these markets.
Thanks Mr rockz your videos has really changed my trading journey i will keep watching your videos
This mans is going straight into heaven 🙌🙌
I'll stop using the currency strength miher 🙃
Amazing content !!
Oh my dayz this geez Dr. Wicks P.H.D🤯
Excellent summation - I do not use indicators, prefer to use my brain and wait.
You can create your own currency strength meter using excel and using moving averages
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 ?
Excellent sir. I will try this from my next trades.Thank you so much🙏🙏
Always something powerful 💪
Thankful for the last video.
It was very helpful
So pleasing to watch 🙌🏾🙌🏾🙌🏾
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.
What if the GBP is stronger than dollar and doller is stronger than cad how will u know which one is weak
Amazing content. Makes so much sense. Thanks
You're doing a great job man 🚀
wow i am so learning from this channel...
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.
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.
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.❤
Great video and great information. I'm definitely going to look at your channel for more information 👍
Thanks man. This was very useful
Always, wonderful, keep it up..
LOVE the reality Check video. I thought I add the comment here as the comment function was disabled.
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.
Very useful I've really learnt alot from you thanks for your help
Very useful.
THANKS MAN
Thank You Man. This is Absolute Georgous..
Great information bro really appreciate it. How would you reccomend back testing something like this.
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
Your videos are always very useful for our progress rock..💯💯💯💯💯💯
Thanks as always another valuable content
wow always on point and learning something new .. Lots of love Rockz
Rockz you're an absolute (😍LEGEND😍)
What was you reason of you stop using the currency pair meter
Thanks for your sharing!
thank you rockz as always
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😣😣
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
Magic
Salute to you my brother
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 😂
Wow wow wow this is mind blowing
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.
I respect Sir, 🙏thank you
Bro, you,'re solid!
good video! thanks bruv
Can you plz tell me why maximum trader do RUclips channel, no one replied to my question that i asked to all trade related youtuber
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
This is fire !!! Oh my!!!! Dang!!! Eye opener!
💥💥💥💥💥💥
Thanks coach
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
Institutional traders win and lose just as often as retail.
thanks a lot brother💜💜
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...?
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.
My spirit prays for you always....
Can we use the dollar currency index(dxy) to look for strength or is it best to use a currency pair?
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.
Mate, why don't you just use the indicies as they literally measure the currency relative to the others?
I have been using this technique with the compare symbol feature and it works pretty good too
Rockz back at it
For something new
Keep these videos coming
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
Watching your channel
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.
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?
sir plz start u live market anylisis dailly time
No homo, but I love you so much man❤️💪🏽
U should learn more how to use currency app
does it work well for you ?
That moment when you're watching Tuesday's video and saw the notification for today's video come up 😁
What time frame do you trade
Rockz U Rock!
You have the REPLAY button at the top, you KNEW this was going to be a winning trade, come on man
Do you trade live?
DXY BABY Just use that as confluence
What exactly is that and where do I find it in tradingview?
@@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.
That was Goated
Powerful. Simple and sexy. Thanks dude
You just don't know how to use it. It's not for everyone
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
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
With the hlp of uh sir me book big money from trade ,,,,,
I wonder how can someone dislike this ? 👽
This is Pure GOLD.. 24 Carat.
Hello rockz