I'm curious how people pick which pair to trade when you get multiple signals on a currency.
Say you trade trend line breaks or support breaks or whatever else you use to generate you buy/sell signal.
And AUDCAD, AUDCHF, AUDUSD get that signal at the same time.
This goes along with my original post about picking pairs with measurements:
http://www.forexfactory.com/showthread.php?t=526344
(Which for some reason someone moved to Commercial Content even though I don't have anything to sell or give, I posted it to discuss the above on picking a pair from multiple signals.
Hopefully, they move it back here where "Trading Discussions" happen. But figured I'd post a new thread would the other one gets lost in the Commercial Content Forum.)
I'm thinking you probably wouldn't take all the trades, you'd probably want to take the move that will move the most, move the fastest, and/or have the best chance of continuing the move.
Do you look at what CAD, CHF and USD are doing to help pick?
Do you use some sort of measurement on CAD, CHF or USD to decide?
Say you trade trend line breaks or support breaks or whatever else you use to generate you buy/sell signal.
And AUDCAD, AUDCHF, AUDUSD get that signal at the same time.
This goes along with my original post about picking pairs with measurements:
http://www.forexfactory.com/showthread.php?t=526344
(Which for some reason someone moved to Commercial Content even though I don't have anything to sell or give, I posted it to discuss the above on picking a pair from multiple signals.
Hopefully, they move it back here where "Trading Discussions" happen. But figured I'd post a new thread would the other one gets lost in the Commercial Content Forum.)
I'm thinking you probably wouldn't take all the trades, you'd probably want to take the move that will move the most, move the fastest, and/or have the best chance of continuing the move.
Do you look at what CAD, CHF and USD are doing to help pick?
Do you use some sort of measurement on CAD, CHF or USD to decide?