Trading based on relative strength is what makes most sense to me and trying to follow it, however what confuses me is that two different brokers are giving two entirely different indications. I compared demo accounts of FXpro and Oanda and look at the difference
In one(FXpro) JPY is the weakest and GBP is strongest,
and on oanda Its entirely opposite (JPY strongest and GBP weak)
this is really confusing me ! why is this happening ? is following relative strength not a great strategy ?
In one(FXpro) JPY is the weakest and GBP is strongest,
and on oanda Its entirely opposite (JPY strongest and GBP weak)
this is really confusing me ! why is this happening ? is following relative strength not a great strategy ?