an idea to play with, is to hedge the storng and the weak with currency of news ahead. we all know how volatile the market becomes when news released. taking us out and flip again. the assumption is that the weaker currency will weaken more than the stronger in case the news were for the base currency and on the contrary.
for illustration- eur news ahead. gbp is weak aud is strong.
sell euraud, buy eurgbp ( if both are not in over sold/bought condition.)
for illustration- eur news ahead. gbp is weak aud is strong.
sell euraud, buy eurgbp ( if both are not in over sold/bought condition.)