What does this forex strength mean
I just posted this on my Facebook groups:
What does the phrase a particular CURRNECY strengthen? What sort of indicator or math are at work here? Give me the details.
This is for one currency in the pair
I found this for rate of change:
http://www.investopedia.com/ask/answers/021115/how-do-i-use-price-rate-change-roc-creating-forex-trading-strategy.asp
ROC = (current price – closing price “x” time periods ago) / closing price “x” time periods ago * 100
http://www.investopedia.com/terms/p/pricerateofchange.asp
Is ADX similar to this ?
https://www.babypips.com/learn/forex/average-directional-index
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
