As a swing trader, I usually monitor 20-30 different currency pairs, and one biggest challenge is deciding which is the best pair to trade at any point of time.
In this instance, the concept of relative strength plays a big role, by helping me compare the strength and momentum of each currency against every other currency to find the pair with the largest potential moves.
And by putting all these together, instead of having to manually plough through 20-30 currency pairs, I can narrow down my work to 5-10 minutes of analysis.
Enjoy the video! 😀