{"id":217478,"date":"2021-04-13T17:39:43","date_gmt":"2021-04-13T16:39:43","guid":{"rendered":"https:\/\/www.forexmentorpro.com\/blog\/?p=217478"},"modified":"2021-04-13T17:39:43","modified_gmt":"2021-04-13T16:39:43","slug":"correlation-in-forex","status":"publish","type":"post","link":"https:\/\/www.forexmentorpro.com\/blog\/correlation-in-forex\/","title":{"rendered":"Correlation in Forex"},"content":{"rendered":"<p>Hi, in this short video I show you why it&#8217;s very important to pay close attention to correlation when trading.<\/p>\n<p>Many pairs move in the same (or opposite) direction, predictably, at the same time. For example, 90% of the time when the Euro\/$ is going up the Chf is going down and vice versa.<\/p>\n<p>That means if you take both trades at the same time you are doubling your risk. If one loses, they both do.<\/p>\n<p>Last week in the live training session I showed you a lot of very good setups, especially on Cad &amp; Yen crosses, so which to take and why?<\/p>\n<p>Some of the things I look for (the main one is which has the potential to make the most profit versus the risk) (risk-reward). Then look at the calendar and see what news is due ot that could ruin one of the choices.<\/p>\n<p>If you do take two at once, then halve the risk on both.<\/p>\n<p>Check out the video:<\/p>\n<p>&nbsp;<\/p>\n<p><iframe title=\"new forex correlation.mp4\" src=\"https:\/\/player.vimeo.com\/video\/535162986?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" width=\"1920\" height=\"1080\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p style=\"text-align: center;\"><strong>If you would like to learn how to trade like a professional check out our 5* rated forex mentor program, RISK FREE; by clicking on the \u201cGet Started Today\u201d Button below<\/strong><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.forexmentorpro.com\/blog\/mw-post\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/www.forexmentorpro.com\/blog\/wp-content\/uploads\/2017\/01\/728x90-.jpg \" width=\"728\" height=\"90\" alt=\"\" title=\"\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hi, in this short video I show you why it&#8217;s very important to pay close attention to correlation when trading. Many pairs move in the same (or opposite) direction, predictably, at the same time. For example, 90% of the time when the Euro\/$ is going up the Chf is going down and vice versa. That [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":216425,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-217478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex-articles"],"_links":{"self":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/217478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/comments?post=217478"}],"version-history":[{"count":0,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/posts\/217478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media\/216425"}],"wp:attachment":[{"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/media?parent=217478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/categories?post=217478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.forexmentorpro.com\/blog\/wp-json\/wp\/v2\/tags?post=217478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}