Testing Out My New "Yen" Trade-Weighted Index
Updated
This is a trade-weighted index that I painstakingly put together by going to several central banks. It measures the
"Yen" across the board of currencies; and not just USDJPY or JPYUSD.
There is room for improvement...but it is working so far. It tells me that the Yen is flat and that the trend hasn't changed yet. The numbers on here do not matter...just what the chart looks like.
I may make adjustments later to improve it.
"Yen" across the board of currencies; and not just USDJPY or JPYUSD.
There is room for improvement...but it is working so far. It tells me that the Yen is flat and that the trend hasn't changed yet. The numbers on here do not matter...just what the chart looks like.
I may make adjustments later to improve it.
Note
putting in my trades from earlier: s3.amazonaws.com/tradingview/snapshots/t/tpgHpRE7.pngNote
Trades from my student: s3.amazonaws.com/tradingview/snapshots/c/cuotgmfg.png
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