In the previous article, we’ve learned about the concept of correlation. It's time to apply it in trading. You don't need any special skills for this. Once you understand how correlation works, you can put your knowledge into practice, even as a novice trader.
We already have an article in our blog that explains that in times of instability of the US dollar, it makes sense to leave trading in majors for now. Their moderate risk level is no longer relevant. More and more traders start to think about switching to other types of trading instruments. Of course, cross-currencies become their next choice. However, today we will talk about more interesting currency pairs - exotics.
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