Trading more than one pair?!

hello ,

i am using a strategy system on eur-usd
i browsed other pais such as gbp-usd eur-gbp
and it looks like working also

but i am afraid that the other pairs all working pip by pip to eur-usd
in that case i may one loose if i trade againest eur-usd trent direction

so does other pairs working alone or stucked to eur-usd
????????

Do a search on the www for forex currency pair correlation. You will find several articles on how pairs react to each other.

Good Luck

Co relations seem one of the most obvious and straight forward trading methodologies out there.

Again it only..."seems"

It can be the most tricky and capricious means to trade.

Usd/Chf <---> Eur/usd is probably the best co relation out there but I've seen them follow each other like the rats followed the pied piper.

You'll need a very good understanding of the fundamentals, and understand that co relations can die out or form new bonds at the same time amongst different pairs and different markets.

So if you plan to dig into this topic, be prepared to dig deep, cuz you'll have to if you want to come anywhere near to understand the mechanics well enough.

Your post gave off a feeling that you're probably more worried abt co relations than willing to understand them. Depending on your system you might not even have to worry abt these co relations at all. (a PA based system at least need not worry abt such nexuses)

You could just google "co relations in forex" or something like that and come up with valuable resources if you wish to get into the co relational behavior of markets.

all the best

Regards,
Ghous.

try usdjpy, it different from other pairs move

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gartley guide

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Try a basket. I trade GBP/USD, EUR/USD, USD/CHF, NZD/USD, AUD/USD, EUR/JPY, GBP/JPY, CAD/JPY, EUR/AUD, EUR/CHF, GBP/CHF, USD/JPY, etc. There are plenty of uncorrelated opportunities. Don't be afraid of the crosses either. The behavior of each market is different but they can also be exploited just like any market, especially when you "zoom out" far enough.

You can also double up on the lots and trade just the one pair,it's easier to keep track of with one monitor.

Or get more monitors,I have 12.