Hello,
As we know certain currency pairs are correlated to one another. Thus, placing 2 trades based upon 2 signals of 2 pairs that have a high correlation isnt mitigating risk. What is your recommended "basket" of reasonably uncorrelated pairs, explanations as to why are welcome.
Thanks,
R
As we know certain currency pairs are correlated to one another. Thus, placing 2 trades based upon 2 signals of 2 pairs that have a high correlation isnt mitigating risk. What is your recommended "basket" of reasonably uncorrelated pairs, explanations as to why are welcome.
Thanks,
R