Are equal % moves equally profitable in different pairs?

Discussion in 'Forex' started by kenazen, Dec 10, 2005.

  1. cor·re·la·tion (kôr'ə-lā'shən, kŏr'-) pronunciation
    n.

    1. A causal, complementary, parallel, or reciprocal relationship, especially a structural, functional, or qualitative correspondence between two comparable entities: a correlation between drug abuse and crime.
    2. Statistics. The simultaneous change in value of two numerically valued random variables: the positive correlation between cigarette smoking and the incidence of lung cancer; the negative correlation between age and normal vision.
    3. An act of correlating or the condition of being correlated.
     
    #11     Dec 11, 2005
  2. kenazen

    kenazen

    I think of correlation as more related to a beta between -1 and 1.
     
    #12     Dec 12, 2005
  3. kenazen

    kenazen

    Ok, thanks. I guess I need to find a way to determine how equitable different moves in different pairs are.

    If my system makes 2 predictions, say the EUR/USD is supposed to go up 1%, and the AUD/JPY is also supposed to go up 1% - it would be nice to know which would make more money if they both made their moves.

    Is this a problem that has already been solved?
     
    #13     Dec 12, 2005
  4. Perhaps the following would help:

    http://www.oanda.com/products/fxmath/
    Profit Calculator
    Margin Calculator
    Units Available Calculator
    Interest Calculator
    Margin Call Calculator
     
    #14     Dec 12, 2005
  5. kenazen

    kenazen

    Cool, I think the Profit Calculator is what I am looking for. Thanks!
     
    #15     Dec 12, 2005