| [quote=Homestudy;45840]This is a chart I found on another forum charting correlations between currency pairs and is very usefull in hedging. I am finding that rather then placing a stop I will place a buy of a different pair to protect my account. The strongest correlation is between the USD-CHF and the EUR-USD. QUOTE]
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certainly agree with that chart and thnx for it, but i also have a lot of fun with the dollar/yen and the pound/dollar as well and they work with the above pairs also ! When one is going up, the other is going down recipricals are fun !
mp |