Original subtitles

the ones that I go for. So yeah guys anyways I'll see you in

would only trade a certain pair. Uh but personally when I

personally I would look for the best correlated pairs and then

am I going to buy whatever it is I don't I don't want to over

this I only really look for a few pairs and then in today I

have to decide at that point which am I going to sell which

fundamentals at the time as well but let's take these two

has the more dominant backed currency and especially for EU

decide which is the best for that day. So as you know when

find because USD is more the more dominant pair. Each pair

just trade that. So yeah guys definitely always consider this

percentage points so I would rather I'd much rather not take

loss if I do it across the board can turn into a a few

see more free flow markets in other types of pairs. They're

simultaneously come to the point their point of interest I

to sell. So we can see that Euro GVP is going to be down

and you look at which is which is down trending. In this case

so let's just take an example. You've got EU and GU. You're

as well for if it's AUD and NZD you look at AD NZD as the pair

are both coming up. So what do you do? Do you sell the Euro or

comes to actually trading them pairs if a few of them

pair will be the better pair to trade for that day. Uh due to

of indexes as well so DXY is the index of the USD pair. Um

classes. We need to look at different currency pairs sort

pairs that I've got in in mind points of interest

it comes to my Sunday markup sessions I always send in a few

very very well especially when you've got correlations that

work across the board. See we need to look at different asset

this logic to the high time frames as well and this works

it's so much weaker in that day. Now you can also apply

and GU, it's usually the the dollar depending on

potentially have got two good cells but EU is going to

provide you a much better sell because it drops faster because

as an example. If you were to sell both of them, okay,

trade GU. But I mean I used to be one of them as well where I

before you're entering. It's something not many people do

because they're always fixated are I only trade EU or I only

that loss of course you can gain as much as well but

other one might fail as well. What can I do about this? Right

you've got a few pairs on your watch list might be G, GU, EJ,

both pairs, this is what you're going to find. You're going to

sell. The reason for that is because look if we're expecting

pound buys. Cos as the pound buys are inversely correlated.

the Euro Euro GVP to go down what does that mean? Euro sells

trending. What does that mean? That means that we choose EU to

fundamentally backed and everything. Um but when it

expose myself in the market because a simple a simple 0. 5%

a great skill to add to your arsenal when deciding which

so in this situation I would sell EU. Now this is definitely

country currency is it either Euro or the pound now one way

because we're we're trying to sell EU or GU we need to look

look at Euro GBP to compare the both of them this goes the same

we expect EU and GU to drop. Now what we need to look for

USD movement. So, this can be over risky. So, imagine one day

So Euro GB it sells off Now, if you look at the price action of

both trying to sell them and the their points of interest

not sure whether to enter one or both of them. The answer. Uh

potentially both hit stop loss if they fail. For example, if

in today EG we find a valid entry for it to go down for it

for the pair that can sell the most so which is the weak

of solving this is especially if this is intraday as well you

both pairs are following the same general bias, they could

the pounds? Now both pairs are valid entry points but you're

we are looking for sells. So we expect USD to rise right? So as

the DX so you can look at the DXY chart as well. As DXY rises

get used to it. Um so yeah just going to dive straight into it.

bit of a handful but it's honestly quite easy once you

Yes guys welcome to the next lesson. Um so we're going to be

potentially if one of them points of interest fails the

also correlate in the same direction as well then

a few others. But if you're going for the same pairs

So when trying to choose your pairs you must not over expose

looking at currency correlation divergence. Uh it sounds like a

you are selling both EU and GU, both pairs are very reliant on

plan because you know because of these main two reasons. If

the next video and take care.

yourself in the market by going for too many similar pairs at

the same time. Now this is this is quite key in risk management