Thread: CatFx50
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Old 03-20-2006, 04:53 AM
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Alexey Baranov Alexey Baranov is offline
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Quote:
Originally Posted by Pippt
Nina and Alexey,

Many thanks for your contribution about currency correlation matter.

My previous question was done in order to be more clear (to me) how can I establish major currency crosses that I will follow for trading. I am taking in consideration several items like currency volatility and spreads for instance.
I bealive that the ideal will be to have 3 maybe 4 currency crosses to follow during trading session. Do you agree?

Pip
My choice - USD/CHF and EUR/JPY. If at GBP/JPY was less spread (10 pips) then I would choose this pair instead of EUR/JPY.
On USD/CHF I work on USD. On EUR/JPY I work as on poorly depending from USD to pair. The most independent from USD in my opinion is GBP/JPY, but...
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