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pennies2007

03/12/16 1:30 PM

#138095 RE: Heavyweight #138094

Yep, that pair came to my attention through one of the mods on the board here, TicketToRide. He's a long term chart player. Daily is probably the smallest time frame he looks at. He prefers weekly and monthly charts. He only has to look at the charts periodically.

He used to trade silver until they took the margin ability away and it became a 1:1 ratio. He switched to USD/DKK because it moves like silver used to move. He has a very basic setup that he uses that's quite interesting using a CCI and an EMA on the bottom.

The spread on USD/DKK is a bit high but the movements more than make up for it. I don't really trade the pair but periodically I watch it to get an idea of where the US dollar is headed overall.