Based on swing trading strategy, I produce report which delivers trading signals on a basket of 11 currency pairs at end-of-day. I had a second thought on my yesterday report (above). I have since re-weighted my index in order for them to yield the following actions in future:
For buy,
Group all indexes with value between 7.01 to 10 in Buy section
Sort and rank them in ascending order, e.g.
1. USD/JPY 111.94 (7.33)
2. EUR/USD 1.2054 (7.67)
3. EUR/JPY 134.93 (9) Trend (15 days)
4. EUR/CHF 1.5600 (9) Trend (22 days)
Choose 1 and 2 as confirmed buy for the next trading day
For sell,
Group all indexes with value between -7.01 to -10 in Sell section
Sort and rank them in descending order, e.g.
1. GBP/USD 1.7485 (-7.33)
Choose 1 and 2 as confirmed sell for the next trading day
For close/no position,
Group all indexes with value between -7 to -7 in Close section
e.g.
GBP/CHF (-7) and etc.
Things should become clear and straightforward from today onwards.
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