Need help to put some order in my brain.
When I see USD and JPY breaking above 0 (moving UP), that is a BUY signal to the USD (or JPY) against another currency.
100% Correct
That is a signal for:
BUY: USDCAD, and USDCHF (currency pairs STARTING with USD)
Correct (as long as the CHF or cad are other side of the zero to the usd)
SELL: all the other pairs (currency pairs ENDING with USD or JPY)
100% Correct
Did I get it right or is it backwards?
My brain usually gets stuck in the most stupidest places and i can't get it moving again.
Join the club...........24 hours a day I wonder what is going on 😛
will hopefully finish Dreamliners correlation thread tonight..........jees its given me a fresh breath of life and encouraged me to dig out my stuff on convergence plays again
N
Hi NVP,
do you mean this thread "Hedge and Correlation Strategy" ,right ?.. I´m checking that thread 2 or 3 months.. so I´m really in this kind of strategies (that´s the reason why I´m still searching convergence strategies)
I also checked your convergence picture (2 or 3 pages back), and you´re right.. I like that :smart:
Kruspe
interestingly thats now a very decent dicevergence play on the cad vs the tag team if you follow convergence plays