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Forex DIFFERENT pairs trading question ............
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Forex DIFFERENT pairs trading question ............

  #1 (permalink)
Trading for Fun
memphis
 
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Forex DIFFERENT pairs trading question ............

I want to make sure I understand the UN-COREELATION on two different Forex pairs please:

So so long as the Two Pairs are nearly 100% Un-Correlated , can you still profit from the two pairs , via being Long one and short the other ?
Since they are nearly to 100% Un-Correlated, this seems to make sense ?

Thank you for the help

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  #2 (permalink)
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  #3 (permalink)
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Omer עומר / Israel י
 
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The fact that instruments are uncorrelated does not mean they need to go in opposite directions

What you probably are looking for is an inverse correlated pair, in that case
if one goes up the other would more likely go down.

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  #4 (permalink)
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rleplae ,

Do you happen to have a List please, of the INVERSE un-correlated pairs to one another ?

Thank you for your help , I really appreciate it

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md1933 View Post
I want to make sure I understand the UN-COREELATION on two different Forex pairs please:

So so long as the Two Pairs are nearly 100% Un-Correlated , can you still profit from the two pairs , via being Long one and short the other ?
Since they are nearly to 100% Un-Correlated, this seems to make sense ?

Thank you for the help

You can't find pairs that are negatively correlated at -100%. Take the EUR/USD it is said to be almost always negatively correlated to the USD/CHF but in reality the negative correlation hovers around -85%. But to be sure, serve yourself and visit this page at Oanda:

https://www.oanda.com/forex-trading/analysis/currency-correlation

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