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26 minutes ago, dmedin said:

What does that FX thing mean Tom 🤓

The top row A is the relative strengths of each currency, strongest on the left to weakest on the right when the snap was taken.

B is the strength difference between the pairs and C ranks them from largest at the top to smallest difference at the bottom.

So the top 4 all have a Diff of -4.4 but when spread is taken into account the the best trade was calced as Short (red) gbpusd.

A look at the chart shows that this is not new news but given that the correlation table updates every second is worth keeping an eye on.

Equally important is knowing which pairs to stay away from, those of equal strength and just going sideways.

 

image.png.ea1447f897669776bcca54592f10b1a8.png

image.thumb.png.2ff701001bfb46d7c7a96fb6a2a8f5b0.png

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