swong wrote:
Please advise on the cue below:
For the next 1 hour compare to current bid price is EUR/USD rise or fall?
This would probably work as a cue. But I would myself specify times. Something like this: "By 1:00 pm Hong Kong time will the Euro be higher or lower relative to the US dollar?" This will require you to have both 'yes' and 'no' responses identified for you pendulum/L-rods. However, you can make it even simpler by specifying only one condition: "By 1:00 pm Hong Kong time will the Euro be higher relative to the US dollar?" (Of course, this won't be sufficient if you need to make a decision in either case -- the forex moving up OR down for the EUR/USD. In that case, you'll have to stay with the first cue.) If you need to have a certain percent change to make a trade profitable, you can even specify this: "By 1:00 pm Hong Kong time will the Euro be higher by 1%relative to the US dollar?" And so forth.
swong wrote:
Another approach:(dowsing matrix)
Prepare an answer sheet with time(X-axis) and bid price(Y-axis) and another blank paper with boxes like the one for dowsing the lottery. Cue:
show me the lowest/highest bid price of EUR/USD FX market in reference to the answer sheet
I'm not sure I follow how you would use this. It might be a good idea, but I don't see how the time/bid-sheet connects up with the box-sheet.
Best,
Paul