Using usd/chf - eur/usd correlation to s
Place this indicator on the 1 minute EUR/USD chart.
It seems that when the correlation reading drops a few bars, large moves in EUR/USD follow. This indicator measures correlation with USD/CHF.
I started noticing this by mistake while looking at another system
Is anyone else seeing this? Maybe this actually shows how big dollar traders are positioning themselves?
It seems that when the correlation reading drops a few bars, large moves in EUR/USD follow. This indicator measures correlation with USD/CHF.
I started noticing this by mistake while looking at another system
Is anyone else seeing this? Maybe this actually shows how big dollar traders are positioning themselves?
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