supply and demand analysis
using custom indexes - looking to short nzd against eur if both indexes correlate ie both pull back into daily zones
i like use indexes to check overall strength of a currency, in this example using sup/dem method eur is in an uptrend , nzd is in a down downtrend
the BUT - parts is will they correlate regarding pullbacks to their respective daily zones
if you like the idea please let me know - i will share other index ideas