Using COT (Commitment of Traders) Report To Forecast FX Movements Using Demo Trading Platforms to Test Theories

Using Currency Correlations To Your Advantage

by
To be an effective trader, understanding your overall portfolio's sensitivity to market volatility is important. But this is particularly so when trading forex. Because currencies are priced in pairs, no single pair trades completely independently of the others. Once you know about these correlations and how they change, you can take advantage of them to control over your portfolio's exposure.
Source: http://www.investopedia.com/articles/forex/05/051905.asp

More by Kathy Lien

Related Tips