Another use of the indicator:
If you see a currency going sharply up or down - seach for pairs that contains that currency.
In this example - the JPY group (i.e. USDJPY, AUDJPY, NZDJPY, GBPJPY, etc.) - look for BUY opprtunities.
G.
BTW:
In that example we can see that the USDJPY are "separated" and no longer correlated. Check the chart - it's from recent moments ago.
If you see a currency going sharply up or down - seach for pairs that contains that currency.
In this example - the JPY group (i.e. USDJPY, AUDJPY, NZDJPY, GBPJPY, etc.) - look for BUY opprtunities.
G.
BTW:
In that example we can see that the USDJPY are "separated" and no longer correlated. Check the chart - it's from recent moments ago.