EURUSD – News, commentary and technical analysis from TradingFloor.com experts.
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You must login or register to post a reply. This is my forex foro eurusd post to this forex foro eurusd. I'm not sure if it can be done. So once the predefined profit target reaches then close both trade and make a profit. Until that point just hold it without much drawdown.
It has been shown they have almost a perfect inversion correlation -- so, no need to keep checking. But the problem here is you would be relying on a single signal the one from your EURUSD strategy and if it got the direction wrong then you'll lose twice.
And if one said "buy" and the other said "sell" then I would have confidence the signals were correct. However, it might be possible to create a custom indicator forex foro eurusd could pass data between multiple chart windows. Thanks for your reply. I was not asking to get a confirmation from a negatove or positively correlated currncy pairs.
It seems hedging allows more innovative strategy. But since I'm currently in US where hedging is not allowed, currency correlation is only option left. I think I was more focused on their inverse correlation and missed your point. Is that sort of the idea? If so, then I have two questions: How do you know which direction to go initially -- i. And how would one go about monitoring the correlation?
I mean -- would you use the last 10 bars, bars bars to compute a correlation coefficient? It would be very neat to have an indicator that constantly monitored the correlation between two currency pairs -- based on a setting of N bars that you could specify.
I think it is doable, but not something inherently supported by MT4. You are not logged in. Please login or register. Pages 1 You must login or forex foro eurusd to post a reply. RSS topic feed Posts: Can you explain if this strategy can be tested in FSB? Forex foro eurusd piqued my curiousity -- I'm going to look into this further