I basically follow the trend lines up or down. Usually the last line is the one I'm following.

EURUSD

on the last table if you pick just one pair you don't have to worry about anything - go ahead and trade it. if you pick two pairs and both are non correlated (both t's) then when you AND them you also get a true as a result so you can go ahead and ...

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tell the truth! — actually you can keep a portfolio of similar currencies like the usd or eur pairs above if you construct a truth table telling you which you can trade at the same time and which you can't. take 50% as a threshold, %ages less ...

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mataf 100 days — similar but better non correlation than usd, so you still have more freedom to chose from this stable than previously.

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Sanity check — Again a cross reference with mataf, however the date i matched against was 1 month earlier, end of Jan. So I'm now wondering how accurate their data is, since all you get is a nice printed table. You don't ge to see the data ...

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Eur 2000-06 — Here is the euro vs majors: According to this table trading the eurusd & eurjpy is a big mistake (90%) (which i do right now), followed by eurgbp (which i also used to do). Notice the dominance of the EURUSD in pulling almost ...

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yes you will see scalpers and intraday traders using correlation techniques such as following a missed move on the GBPUSD on the EURUSD, like after a 0930 gmt UK report.

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i was surprised since it is often touted to mix in a few commodity pairs like the aussie and loonie to a (usually) dollar weighted currency basket. remember that short term correlations will converge and diverge from their long term counterparts but ...

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and this one too.

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gbpchf and eurjpy is on my list...

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First observations — The USD has some pretty stiff correlation problems. The Euro has the worst and the Yen has the best correlations. So if you were basing your strategy on the Euro you're pretty much screwed against the other majors. You'd ...

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So I'm pretty sure I'm OK with these numbers. The more important one is the middle (2000-06). I wouldn't look any nearer than 12 months so that's my main problem with these sites is that they're much too short sighted, plus no flexibility to ...

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mataf 100 days — apart from the aussie the numbers are pretty similar, do you agree?

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Sanity check — Now I check against mataf's past 100 days (so approx from 1st Mar 06). First off, my calculations:

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Usd 2000-2006 — Look at how the correlation grows as markets become more inter-related.

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Usd 1989-2006 — The process and code I'll share later but for now have a look at the following tables:

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Currency correlation for newbies — I thought it was time to have a proper look at this topic, rather than rely on tables from other sites. For a quick recap with links to tutorials, follow this earlier thread: ...

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i'm in...it's borderline right now (sitting on the trendline)

EURUSD

who's still following this pair down?

EURUSD

follow it down, i think it might need more fuel before it keeps heading down, at least a rally first by the bulls or bears closing shorts. (i'm still waiting to get in, btw)

EURUSD