Hello Traders,
In today's lecture I'm explaining the importance of monitoring correlating assets to help give us early clues about the major asset we're looking to trade.
When trading EURUSD, I like to look at 6 correlating assets. They are as follows:
GBPUSD
DXY
GOLD
SPX
DAX
I hope you find this video to be informative and educational to allow you to add correlating assets as a strategy approach when trade planning.
Always remember to trade safe - trade well.
~Michael Harding