Forex Technical Analysis based on experience and research.

FxTaTrader Forex Ranking & Rating list

A full explanation in detail of the essence of this overview can be read in the following article:
Introduction to the FxTaTrader Forex Models

Every first weekend of the month I provide The "FxTaTrader Forex Monthly Ranking and Rating" list on several social media locations. The lists can be found on this website and by searching for and subscribing to FxTaTrader on Investing.com, StockTwits.com, Talkmarkets.com and Twitter.com.

Monthly ranking and rating list
Every month the following articles will be published:
  • The Monthly Metrics, which are the ranking and rating list with the Currency Score. Also the Monthly chart will be published in this article.
  • The Strength and Comparison

Monthly ranking and rating list
The monthly articles will be published outside the weekend around the 1st of the Month.

Shorter Time Frame
For both Ranking and Rating lists a shorter Time Frame is added besides already the shorter Time frame used for timing. For the Monthly it is the Daily chart. Reason for this is that the shorter Time Frames can be used as a replacement of fast indicators in the Time Frame used for timing the trade. The advantage of using the indicators in this manner is for two reasons:
  • The charts do not contain too many indicators making them easy and clear to use.
  • The slower indicators on a shorter Time Frame use more data for the calculation making them more accurate compared to a fast indicator on a longer Time Frame.  

Average Trading period
The average trading period for the the Monthly is about 2 to 4 weeks.

FxTaTrader Forex Monthly Ranking and Rating
The Forex ranking and rating list is meaningful data for my FxTaTrader strategy. Besides this list I also use the currency score which is available once a month on this blog also together with my monthly analysis of my strategy.

The list provides the ranking, ratings and index for the 28 major currency pairs. To determine these details I use the indicators that I rely heavily upon. These are the MACD and the Ichimoku. Here below you can see an example of the list that I publish on several social media such as Twitter.

The roughly explained method here is a part of the strategy that I am using currently for the FxTaTrader system. This method is not used on its own and although the explanation may seem simple and clear there is always risk involved. I added a disclaimer to my blog for this purpose.

If you would like to use this article then mention the source by providing the URL www.FxTaTrader.com or the direct link to this article.