Every week i change my trading portfolio. Means every week i change currency pairs to trade. I consider several factors. To gain a profit markets should move up or down. Simply it should trend or need a good momentum. For that one currency should be weak and other one should be strong. Then only we can see good momentum. If both currencies strong , or weak there is no much momentum. Every week i try to look fundamental facts and measure strong vs weak of currencies depend on their fundamental facts. Then i can classify strong ones and weak ones. Then i connect those currencies together and will trade on that week.
Example:
Let's say i got GBP and EUR strong, JPY as weak. Then i try to connect strong vs weak. not strong strong. So i will add GBPJPY or EURJPY to my portfolio not EURGBP.
If you hedging your positions momentum is very useful. For that i will check high impact currencies and try to allocate a portfolio including those. then i need not to worry about momentum.
Example:
Let's say i got GBP and EUR strong, JPY as weak. Then i try to connect strong vs weak. not strong strong. So i will add GBPJPY or EURJPY to my portfolio not EURGBP.
If you hedging your positions momentum is very useful. For that i will check high impact currencies and try to allocate a portfolio including those. then i need not to worry about momentum.
People don't care about what you say, they care about what you build
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