Market Correlation is Market Direction

Reported by Otmane El Rhazi : Often times I’m asked what is this thing you call market correlation? People are often confused by new terms as it’s confusing to them and anything that’s confusing will be avoided. Unfortunately it also seems that many traders don’t want to spend the time and effort to learn new techniques, strategies, etc. to bring them up to speed. Their attitude seems to be “just show me where to place the trade and when to exit.” This is the proverbial search for the “Holy Grail” or the “Magic Indicator”…

Regards,
Otmane El Rhazi
Trading News
Forex Online
Text/Mobile, +44 7414 782 320

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