Need a little help remembering something I read last year. A guy wrote that he would pick two closely correlated pairs and then buy into each with extremely small lots. The idea was to wait until the running profits went at least 100 pips out of synch, then buy into them with real money this time and wait for the pairs to reverse into profit. I think he said he got just 3 or 4 trades a month this way, but they were rock solid.
I'm sure I'm forgetting parts of what I read. Can someone help me fill in the blanks? If anyone's trading this I'd appreciate a detailed step-by-step on how it's done.
Thanks in advance!
I'm sure I'm forgetting parts of what I read. Can someone help me fill in the blanks? If anyone's trading this I'd appreciate a detailed step-by-step on how it's done.
Thanks in advance!
" Average traders look to the left, great traders look to the right."