Hello Strat, i have a *maybe, a fool question"...
Last night i was thinking about the "correlations" of Forex... we need to take care about that?
This is just an example, the currencies and everything is an example and right now im not looking the charts:
If we got a Buy Signal GBP/USD and we got a Sell Signal in GBP/JPY and we doesnt have any signal in GBP/CAD
we need to take care about GBP? or each currency we need to treat it as an unique unit? If i have a buy signal in GU, then Buy... if i have a sell signal in GJ, then Sell... at the same time.?
That question just arrive last night and i dont know if is a foolish question or not, thank you. My Main is Dow Jones and in the last months i just jump to Forex Long Term.
Last night i was thinking about the "correlations" of Forex... we need to take care about that?
This is just an example, the currencies and everything is an example and right now im not looking the charts:
If we got a Buy Signal GBP/USD and we got a Sell Signal in GBP/JPY and we doesnt have any signal in GBP/CAD
we need to take care about GBP? or each currency we need to treat it as an unique unit? If i have a buy signal in GU, then Buy... if i have a sell signal in GJ, then Sell... at the same time.?
That question just arrive last night and i dont know if is a foolish question or not, thank you. My Main is Dow Jones and in the last months i just jump to Forex Long Term.