garyfritz wrote:I've seen a few people mention this in passing, but... do you include CHF pairs in your watch baskets? Or do you ignore them because they're nearly 100% correlated to EUR?
As of Friday's close, SlopeValues shows 4 pairs > 0.8, but all of them are xxxCHF pairs. The equivalent EURxxx pairs are < -0.8. You wouldn't want to enter on both sides, because you're basically taking a double-sized position on one pair.
I think I'm going to remove all CHF pairs from my SlopeValues watchlist, so I don't see setups for them. Is that what others are doing?
Gary,
I think you would benefit from trading both pairs..... each one would travel along accumulating pips.....
daveM