Has anybody come across with EAs that use correlation strategies between single currency pairs and basket of currencies, for example dollar index?
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Has anybody come across with EAs that use correlation strategies between single currency pairs and basket of currencies, for example dollar index?
I dont use correlation strategy for trading but it is a very good strategy for trading. I really dont make use of correlation on trading. If I found that any pair is going to move highly then I trade with high lot of that pair not another pair I involve in my trading.
true master, free forex trading is a business anyone can join regardless of age and setatus life and requires no expertise, but need to learn about systems and strategies as long as we want to please join in the forex trading business
Forex market is essentially speculation on the currency pairs such as the person who speculate on a car in the market to sell the highest price for merchant Aigsd item itself but is intended to increase the price of this item and the destination is true in the forex market
was once a trade is not just speculation, but a consistent and stratetgi we can make and apply for all need a precise and accurate analysis
from there we can control and make a good trade
yeah true what you say that in this business will not be easy for us to do in this trade if we do not have a good trading skills then we would probably lose in this trade easily
i know that no risk no gain but he can lose his capital of he doesn't follow the business rules so if want before it realized the process of learning in your forex speculation amount to gambling.
Correlation fact a good strategy, but I did not understand. So I do not use it, typically used by traders with the long term. I wish there was a master entered on this thread to explain the correlation strategy.
i once read about correlation basket trading strategies, but never tried them also they require a big capital to gain some profit as you open so many trades at the same time, and also have a big drawdown possiblilty
According to my info basket trading is another thing and corelation trading is some thing else we need to know the exact system that you are talking about than we can make clear some thing from it,
either its a paid system that you are talking about.