DislikedThanks for the post and advice cloggie, I will of course as always look into this, but as I am already successful in the way I was taught I will probably stick with what I have thus far learnt. (Although I'm sure I will learn from your information too, as I can never learn enough) ApparentlyIgnored
Just look at a monthly on swissy and a monthly on cable, half the time they are correlated, half the time they are inversely correlated, how can you trade that if you don't know what phase of correlation we are in, so in effect you are right 6 months of the year and wrong 6 months of the year, I just hope for your bankbalance that the first 6 months you are wrong and the second 6 you are right or else your DD will be greater once the balance increases and the correlation reverses.
Trading purely on correlation to swissy and euro is not a profitable strategy over time, just have a look at all 3 charts. Lots of times trading fibre as correlation to cable will just assure you miss the majority of the move on Cable as the volume is less and volatitily is higher the move in cable will happen before the move in fibre.
But then again, it is your money.