Posts tagged: Currency Strength

7 Best uses to profit from Currency Strength Meter

Hello everybody:

I get asked a lot about my Currency Strength Meter and some of the best ways to use it.  I made a short video (26 minutes) covering the 7 ways that I use my meter and I hope it will spark a new idea in your trading or point you to a new direction as you use my Strength Meter later on tonight.

I’d like to encourage you to leave a comment on my blog and share some other ways that you are currently using my meter, I’ll review your comments and incorporate them in my next Strength Meter usage video.

By the way, this video is my way of saying thank you for being my loyal blog fan / newsletter subscriber, as I am launching my Mastermind Mentoring Program for the one and only time in 2010, I’d appreciate if you help me getting the word out!

Once again, thank you,

Henry Liu

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Grab your copy of my Currency Meter – For FREE!

OK, here it is.  Click on the image below, then choose to ‘Save File’ on a specific location in your computer:

Newsprofiteer Currency Strength Meter

Newsprofiteer Currency Strength Meter

It’s tough to keep track of what’s going on in the market without at least comparing 4 to 5 charts at the same time, and to be absolutely sure that I didn’t miss anything, I would literally look over 10+ different pairs for a better picture.

Even the fastest chartist will probably take 3 or more minutes per chart, considering different timeframes, and that’s about 30 minutes just to find out what’s really going on with the market… By the time I’m done, market has already moved; so I need to start this process again…

Or consider this, you wake up to an overnight drop in the GBP/USD pair, but what caused the drop?  Is it stronger USD? Or stronger EUR?  Or stronger JPY? Wouldn’t it be great if you can just see it without having to go through the ritual?

How about this, you are looking to SELL EUR after a strong negative comment from ECB Trichet, which pair would give you the best outcome?  EUR/USD, EUR/JPY, or EUR/GBP?  Because by choosing the wrong pair to trade, it could mean either addition 100 pips of profit or just barely breaking even…

That’s why I created this Newsprofiteer Meter, works with any MT4 (Metatrader 4) platform.  All you need to do is enable all Forex symbols in your market watch and enable the DDE Server. (Don’t worry, I’ll show you how to do it step-by-step in the video above).

You don’t need a live account with a MT4 broker, just download any MT4 broker platform with a demo account, then you are done.  I used http://www.fxdd.com.

The meter is 100% free for you to use.  All I ask is that you simply leave me a comment about your results and refer people here to download it.

Thank You,

Henry Liu

P.S.  If you want to find out more information on my trading system, and perhaps signup for an one-on-one coaching, then please visit my Mentoring Page.  Henry Liu’s Forex News Trading System – Mastermind Mentoring System

Website: http://www.newsprofiteer.com

Blog: http://www.henryliuforex.com

Twitter: www.twitter.com/henryliuforex

YouTube: www.youtube.com/henryliuforex

Facebook: http://www.facebook.com/people/Henry-Liu/100000452302508

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Currency Meter – Analyze 19 Forex Currency pairs in 3 seconds or less…

Amazing Simple Forex Tool
Compares 19 Currency Pairs Instantly,
Reveals The “Hidden” Money Opportunity,
And Adds 20~30 Pips In Your Next Trade…

And best of all, it’s FREE

No matter if you are a novice or veteran Forex trader,
you’ll benefit from this Currency Meter as you can determine
instantly what the market is doing, what currency is driving the forex market
and this makes sure you stay on the right long-term trend…

Watch the video below for important installation instructions
and examples of how to use this tool under live Forex market.

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