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629 - Dealing With Correlations

The Trading Coach Podcast

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You'll See It Move All at the Same Time

If we see a stronger, weak dollar, it's going to move across all the pairs at the same time. You won't see it happen on one pair first, then another pair five minutes later, and then another pair ten minutes later. So you've never been in a situation where you take identical looking setups on the same pairs? Identical? Ye all the time. The point is, i'm not long pound dollar because of what's happening on uro dollar. I'm long pounddollar because the pound dollar chart has given me a bullish signal. And if they both give me bulle signals at the sameTime, i take both trades. That' that. That's all

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