Vote, express opinions be open. My though is that although USDCHF seams to fallow EURUSD very closely. second USDJPY and the EURUSD pair share similar situations on using channels
UM_manager, Very nice dynamic chart there, thanks. You wouldn't happen to have a similar format chart of the correlations of EUR/USD and GBP/USD? If you do, I'd like to see it. Historically, the daily correlation between euro and cable has been fairly high (positive), averaging around 0.8 - 0.9+. However, as recently as July, I believe it all but broke down to a low of 0.22 or so. (At times I put on trades in opposite directions in cable and euro, with the ultimate objective of closing each trade for a profit.)
Hi UM, dont you have a chart forecasting a buy and sell signal for next week.....with 100% probability of doing 80% profit!! nice graph, mate proof that some traders are quiet but very active on developping all necessary tools to grip a pip from here or a pip from there.for me i am now retired at 36 with 1.2Ml$ made mainly from forex. Z COmAnDaToRe