I need help computing some exotic currency pair hedging.
Example:
How can I hedge Long 1 LOT GBPNZD using GBPUSD and NZDUSD?
How much lots should be traded to come out with a perfect hedge?
PS. I dont want to hedge it using correlation...
Example:
How can I hedge Long 1 LOT GBPNZD using GBPUSD and NZDUSD?
How much lots should be traded to come out with a perfect hedge?
PS. I dont want to hedge it using correlation...