This is the secret to finding the best setups when trading forex
After you finish reading this thread and you'll know exactly how I use CURRENCY FUTURES (something most ppl dont know about)!
A thread๐งต
First, letโs define what CURRENCY FUTURES are๐
Currency futures are simply the futures chart of specific currencies.
Their ticker symbol follow a simple format. An example of this is the Euro FX Futures Continuous Chart: 6E1!
Where the first letter of the asset is in between the 6 and 1!.
Hereโs how we can use CURRENCY FUTURES to identify which pairs are likely to move๐ช
The rule of thumb here is to pair strong pairs with weak or consolidating pairs since this will lead us to pairs that has higher chances of being one-sided.