Good Ofsetting Pairs

I am still in the demo stage but plan to go live in the spring sometime. Right now I am mostly monogamus with EUR/USD. I started with USD/JPY but switched because there was more info on the Euro easly available on the net.

What I am looking for now is: What set (or sets) of currency pairs offset each other well. Like are the cable and swissy enough different to trade both and not get killed in one fell swoop. That sort of thing.

Your picture doesnt look anything like the Mr. Whipple I remember.

Anyway. Try a search on the forum because there was a great post to this question that I asked that not only included opposing pairs but also the % of time the pairs spent in opposition. Try the words opposing or inverse or even mirrored which of course would be the same. In any event this is what I have for opposing :

Eur/Usd vs Swissy
Cable vs Usd/Jpy
Aussie vs Loonie

Lou

What you're looking for is how different pairs corrleate. Here's a couple of articles that discuss in some detail.

http://www.mataf.net/en/analysis-correlation.htm
http://www.investopedia.com/articles.../05/051905.asp

Some chart packages have a correlate function that let's you measure it for any time period you choose.

Thanx for the great help all!!!

Mr. Whipple was my father. At least everybody I knew called him Mr. Whipple. He stood six foot six inches (over three meters) and had movie star good looks so he garnered a lot of respect.

And yes.... I do squeeze Charman. Charmin Ultra is the only toliet tissue that I allow in the house. In fact, when I found myself single a few years ago I looked in vain for a chick named Charmin to hook up with. I wanted to name one of my eight kids Charmin but my wives would have nothing to do with it. (BTW that really is me in the avatar)

How metrics change. When I went to school, six foot six was just under two meters. But I'm sure your late dad was a fine figure of a man.

"The best balance is found in triplets rather than pairs. It's known as the triangular method. Two-way balancers are a visual illusion and temporal equivalence."