Hi, all.
I want to discuss type of trading that occured to me last week. Since EURUSD and USDCHF have very high negative correlation (over 90 %) I traded buy/buy or sell/sell. Though it was a small number of trades, every single time I ended up in profit. Now, it is pretty simple, and I know I'm not the only who thought of this, yet, I haven't found anyone trading like this. So my question is: what is wrong with it?
Answers will be much appreciated.
Thanks.
I want to discuss type of trading that occured to me last week. Since EURUSD and USDCHF have very high negative correlation (over 90 %) I traded buy/buy or sell/sell. Though it was a small number of trades, every single time I ended up in profit. Now, it is pretty simple, and I know I'm not the only who thought of this, yet, I haven't found anyone trading like this. So my question is: what is wrong with it?
Answers will be much appreciated.
Thanks.