i was trying a trading strategy to buy or sell all the USD Currency pairs together, i only check the daily strength of the USD, then i take decision to buy or sell (open 7 positions), then i check after so many hours, sometimes waiting for days looking for total positive profit after that i close all the 7 pairs together, after so many testing on demo account i realized it worth studying trying i didn’t lost any of trials so far.
when the dollar strength is high i open sell, and vise versa. (same lot size)
i know this system can’t be tested (multi-currencies) so my questions are:
1- is there any better way for deciding whether to buy or sell (other than currency strength meter?
2- are these profitable testing is the case or is it just by accident (luck) am still making profit?
best of luck for all