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JohnKavanag50
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JohnKavanag50
Correlations
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Trader Baru
Apr 04, 2016 at 06:42
Thanks Hand for the explanation. It willl take awhile for that to sink in. I did not come away understanding it that way.The sites definition doesn't say anything about the comparison between four currencies(two pairs). If I remember correctlyeven the chart just shows one pair. Thx again for responding
Correlations
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Trader Baru
Apr 03, 2016 at 06:49
Can a more experienced trader help me with a question. I have never paid attention to the positive or negative correlationnumbers before today. I just setup an account with the books and going through the site, came upon the charts with thecurrency correlation figures. My question is this: would a trader want to pay more attention to negative correlations between the pairs because (as I think I understand the meaning) they would be moving in opposite directions. After all, isn't that what we are trading, one currency strengthening and the other weakening? Thanking you advance, JK
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