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Creating a currency strength meter involves analyzing the performance of various currencies against each other. This tool helps traders identify strong and weak currencies, providing a comprehensive view of the forex market for better trading decisions.
A Fair Value Gap (FVG) is a price gap that occurs when the market opens at a different level than the previous close, creating an imbalance between buyers and sellers. This gap can indicate a potential trading opportunity when the price moves back to fill the gap, signaling a change in market sentiment【4:5†source】.
Unlock the true potential of forex trading by mastering the Fair Value Gap (FVG) strategy. This approach identifies imbalances in price movements, providing traders with valuable insights and real-time alerts to capitalize on market corrections and trends【4:0†source】【4:7†source】.
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