Disliked{quote} I was talking about being concise. I mean, focusing on correlation is not enough. Focusing on pinbars is not. "correlation may be useful", "pinbars may be useful". Yeah, I agree, but it is not trading. I gave this concise picture or EU before it actually happened with a chart in m1. {image} The pinbar was a bs and the idea of linear regression (an application of correlation) is another bs in markets. That's all. There is not a direct application of pinbars and correlations, that is what I mean. I also said that sometimes you know what to...Ignored
https://www.forexfactory.com/thread/...5#post13649855
People don't properly understand the power of correlation, simply make all sorts of bs interpretation. And scan with fancy dashboard indicators. That kind of scanning is useless. Correlation has to be studied in depth with focus to appreciate all 3 pairs intent, not just the exact point of correlation. When the 3 pairs intent is clearly correlated in sync then the trader gets a trading edge of the future market direction and trade accordingly.
Trade the value
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