Question about correlation in Forex
แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)
Has anyone noticed that sometimes $AUDUSD and $NZDUSD move very similarly, or $EURUSD and $GBPUSD often go in the same direction? I understand it's about correlation, but I'm not sure how everyone uses this information in their trading. Besides avoiding redundant trades, does anyone use it as a confirmation signal or for position sizing decisions? I'd like to know other people's approaches.
1 comments · 1 points