Bringing the Powerful Basket Approach to Forex Trends

From dailyfx.com

Price often favors continuity as displayed in the market's tendency to trend. At the core of these trends is often one currency that is becoming notably stronger or weaker than its counterparts. Once this momentum starts to grow, traders can take a diversified approach in the form of currency baskets to manage opportunities in the Forex market while controlling exposure at the same time. "Forget the needle, buy the haystack." -- Jack Bogle, Father of Indexing Trading and Investing can be as difficult and technical or as simple and elementary as you wish. On the difficult side, you have banks and hedge funds with ... (full story)