Ciao a Tutti,
thanks to a hint from a user from New Zealand I’ve introduced a nice feature into SintesiFX, that is the option to take into account also gold and/or silver (XAUUSD and XAGUSD) when calculating the “synthetic view” of USD. Looking briefly at EURUSD and GBPUSD charts I was soon convinced that this option actually makes sense Considering also gold and silver allows to identify some new divergences and gives some pretty dramatic “alerts” when money is flowing rapidly in or out USD. I may make lots of examples, but I have time to share only this GBPUSD H4 chart for today:
The red line on the left is SintesiFX(xxxUSD), while the yellow line on the right is SintesiFXm(xxxUSD), that is the same SintesiFX indicator with the new “include_XAUUSD” and “include_XAGUSD” options enabled (of course the final “m” stands for “metals”). As you can see both flavors of SintesiFX where useful in not being caught in the bullish trap of GBPUSD during the month of August 2011: while GBPUSD was making higher highs the indicator was clearly making lower highs (with or without metals included in the calculation). The interesting thing is the breakout below the pennant formation on the indicator, a clear signal that USD was gaining substantial strength across the board and therefore a good hint to short the pound. You can notice how the breakout on SintesiFXm (vertical yellow dotted line) came more than 10 days before the similar breakout on SintesiFX (vertical red dotted line), thus giving the opportunity to short the pound (or to close existing long positions) at a much better price 😉
This “metal” update of SintesiFX will soon be available for free to all current customers.
If you are interested in SintesiFX please remember we are not giving access to the indicator only, but to a complete “SintesiFX package” with 2 indicators + manual + ebook that should help you dramatically in trading divergences. The package is still on sale at a bargain price for current customers : http://pimpmyea.com/sintesifx/. However this offer is coming to an end shortly (a bit more than 24 hours from now).
If you still haven’t had a chance to understand what SintesiFX is, then here are the resources for you:
The $14.99 discounted price is only available until Sunday 22nd of April at the markets opening 😉