DislikedAh yes, pair triangles.
If both EURJPY and USDJPY are going up, then it means JPY is getting weaker relative to the movements of the EURUSD. Divergence between the pairs could be seen in large movements in the EURUSD. The old saying "sell weakness, buy strength" comes into play here. Ie: Buy the strongest of the correlated JPY pairs if JPY is showing weakness, or sell the weakest if it's showing strength.
The rest is all about getting a good low-risk entry.
I routinely trade the GBPUSD/EURGBP/EURUSD triangle. Simulataneous moves in the GBPUSD...Ignored
I do the same thing. I trade mostly the GBPUSD pair but watch the EURUSD and EURGBP pairs too to see what is moving my pair and how strong that movement will be.
Supa
C
Boxing clever since 76.