Forex "Pair Trading" or "Hedging"

Forex "Pair Trading" or "Hedging"..this has not been discussed a lot here...does anyone "pair trade" or "hedge" by trading one cross against another...or more than one against another(s) etc.

 

Example: go short EUR/USD and long GBP/USD and capture the divergences and net some pip profit...anyone do this or with other crosses?

 

or short AUD/USD and long USD/JPY...capturing divergence pip profits!...

 

anyone know of any website that highlight this kind of trading?

 

compare EUR/USD vs GBP/USD... here http://fxtradeinfocenter.oanda.com/charts_data/fxcorrelations.shtml

if one can expose or capture the 19%...they can net with a hedge advantage, ...profits...agree? comments?

 

This kind of thing is covered in gory detail over at forexfactory.

mataf.net is good for finding correlations between currency pairs.

 

It is not a true hedge unless you hold actuals.


The Ever For Crying Out Loud Series 3 VIPER

 

Gory detail hehehehehehe

The Ever Gory VIPER

 

is there a certain forum or thread?...thanks!

 

thanks...will check this website out...thanks