We go over the use of our currency meter in our mentor class each day at noon eastern but I'd like to show how useful our currency meter is. Every day I've watched the markets over the last two months with this tool it finds very strongly trending currencies.

The key is to buy strong currencies on short term dips at support and short the weakest currencies after short term up corrections at resistance.

Here's today's currency meter and you can see the GBP is very strong and JPY is weak as all the abc/JPY pairs are going up. The currency meter shows the GBP/JPY is one of the strongest pairs way back around 3am EST.



Looking at the GBP/JPY chart you can see so many buying opportunities at support. The trend lasts so long I need to put up two charts to show all of the opportunities over the next 9 hours!



Please view our Hypothetical Results Disclosure and LeverageFX Disclosures

Many of our traders stick with USD Dollar pairs. Since we know the GBP is so strong and the USD was much weaker we know the GBP/USD is also a strongly uptrending currency and I've posted its chart today as well.


Please view our Hypothetical Results Disclosure and LeverageFX Disclosures