EUR/USD look from the side of a correlationtrader
Hey guys,
after a time of inactivity I"m back.
Today I show you how you can trade EUR/USD with the help of correlations.
You can see in the chart positive correlations and negative correlations.
Be careful the arrows on the chart are no trend direction.
If for example Oil change its direction the trend direction of EUR/USD can change but always look at all charts to get a better view into the market.
Be careful with long term - trends and short - therm trend.
Always be aware of your timeframe.
(4h is short therm trading)
"no trade recommendation"
after a time of inactivity I"m back.
Today I show you how you can trade EUR/USD with the help of correlations.
You can see in the chart positive correlations and negative correlations.
Be careful the arrows on the chart are no trend direction.
If for example Oil change its direction the trend direction of EUR/USD can change but always look at all charts to get a better view into the market.
Be careful with long term - trends and short - therm trend.
Always be aware of your timeframe.
(4h is short therm trading)
"no trade recommendation"