At the end of the day, your profit and loss is determined by the RELATIONSHIP & RELATIONSHIT between your asset or pair of choice with other assets
Correlation
Some go up and down together ❤
Disparity
Some go up and others go down
Strength
Some are strong and others are weak
Your good understanding of these parameters will help you choose what to trade and what TimeFRAME to trade.
Remember, every TimeFRAME has its own Market Structure, MS, and Break of Market Structure, BOMS
Note
:
If you have an Pair AB made up of two currencies,
The 1st, A, is called the Base pair.
The 2nd, B, is the Quote pair.
Example
If A is GBP
If B is JPY
Therefore, AB = GBPJPY
Application
If GBP is strong and JPY is weak, that's a sign to VBUY or LONG
the market especially if it's in confluence with MarketSTRUCTURE and other confirmations
If GBP is weak and JPY is strong, that's a cue to SELL or SHORT the market especially if it's in confluence with MarketSTRUCTURE and other confirmations
Enjoy








Let me know what you think
.
Correlation
Some go up and down together ❤
Disparity
Some go up and others go down

Strength
Some are strong and others are weak

Your good understanding of these parameters will help you choose what to trade and what TimeFRAME to trade.
Remember, every TimeFRAME has its own Market Structure, MS, and Break of Market Structure, BOMS
Note

If you have an Pair AB made up of two currencies,
The 1st, A, is called the Base pair.
The 2nd, B, is the Quote pair.

If A is GBP
If B is JPY
Therefore, AB = GBPJPY

If GBP is strong and JPY is weak, that's a sign to VBUY or LONG
the market especially if it's in confluence with MarketSTRUCTURE and other confirmations

If GBP is weak and JPY is strong, that's a cue to SELL or SHORT the market especially if it's in confluence with MarketSTRUCTURE and other confirmations

Enjoy










