TomProTrader

#FOREX! Multiple Correlational Pairs Around for Offset Gains!

FX:USDCAD   U.S. Dollar / Canadian Dollar
8
Friends

We have many correlational pairs to take advantage of here. We can see there are many buy, sell options we can take advantage of, enabling us to buy sell these positions to offset risk and give us very low risk profits... Correlational pair buying is good for low risk takers, and useful for longer term holders...

Lots of opportunity for moneymaking across these general markets right now, and a fun time to be a trader a reap the rewards of these situations...

More about the SPX and DXY

SPX: Due to the nature of SPX latest moves, we are looking for mainly shorts in our portfolios... But, please bare in mind that we are near the major 200MA and this may cause offset volatility. In order to use the SPX most effectively, use it with NASDAQ and DJI to give the best indication of true market direction and adjust your portfolios accordingly.

DXY: Expect down move waves into this market for the time being, it's the expected move of DXY in these situations..

Best of luck,
Tom
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