As I checked from the past discussions, there is a big debate if hedging trade works or not....
So I have to ask here one more time to clarify:
If same USD worth of EURUSD and USDCHF, both buy is opened; would it be considered as a hedge; or is it just like trading naked EURCHF?...
As I check the correlation of the EURUSD/USDCHF for the past years, it always returns to -0.90's ....
Can someone advise if it is a hedge trade with interest and trade profit or not?....
Thank you!...
So I have to ask here one more time to clarify:
If same USD worth of EURUSD and USDCHF, both buy is opened; would it be considered as a hedge; or is it just like trading naked EURCHF?...
As I check the correlation of the EURUSD/USDCHF for the past years, it always returns to -0.90's ....
Can someone advise if it is a hedge trade with interest and trade profit or not?....
Thank you!...