Forex Correlation Code is a new system developed by Jason
Fielder, one of the most noted experts in the world.
I don't like to use words like groundbreaking since too many shady products are sold with such claims, but Forex
Correlation Code deserves such titles because it introduces and entirely new way to trade the Forex market.
Forex Correlation Code is an undiscovered (until now) yet UBER powerful way of
trading the markets. In a nutshell this system is a separate platform that actually creates fully tradeable
"synthetic pairs" like the GBPUSD/EURUSD and the system profits off of the discrepancies between them. It can also
be used as an automatic hedging tool.
If you study the market for long enough you will find that there is a connection between certain currency pairs.
Some pairs tend to go in the same direction while others tend to go in opposite directions. In a sense, this is
correlation.
Correlation is something that exists in practically every field. For instance, the more sunny it is the more
people buy icecream, the colder it gets the less they buy it.
As you can see, there are two kinds of correlation: positive, in which when one thing goes up the other goes up
as well, and opposite correlation (or inverse) in which they tend to go in opposite directions.
This happens in Forex as well. For instance, the GBP/USD and the EUR/USD currency pairs are correlated: they
tend to go in the same direction like in this chart which shows both pairs one below the other:
The EUR/USD and the USD/CHF are inversely correlated. As can be seen in this chart:
This seems rather theoratical, but it can be used to decrease your losses and boost your profits and it's all
taught in the Forex Correlation Code system.
Forex Correlation Breakdowns
As I said, currency pairs tend to move according to their correlation. However, there are times in which this
isn't so, in which the market behaves erratically. These times are called 'Correlation Breadowns'. For instance, if
the GBP/USD goes up at a time when the EUR/USD goes down, there is a correlation breakdown because they're supposed
to move in the same direction.
When 'correlation breakdowns' happen, there is a very high probability that the market is going to 'correct'
itself and that the correlation between pairs is going to return. In our example, this means that the two currency
pairs are going to need to return moving in the same direction.
This means that you have a high probability trade coming up which you can make a lot of money off since the
movement can be fast and big. You just need to know which pair to trade and this is what you can learn in the
Forex Correlation Code Course
To use correlation and identify these breakdowns, you trade with two charts simultaneously as you can see in
this next video:
You can also do it in another way, through synthetic currency pairs...
Synthetic Currency Pairs
The Forex Correlation Code system contains a course which explains everything you need to know on how to use
correlation to make more money on Forex and a special chart software which lets you trade synthetic pairs.
Synthetic pairs are simply a cross between two currency pairs. Only you trade both at the same time. For
instance, you can do a sell of the GBPUSD/EURUSD synthetic pair. You place just one trade in the special software
(image chart below) but two trades occur in the background.
I know this may sound a bit tricky but you can easily learn this. In addition, this gives you a tremendous edge
in the market because you have an entirely new way to trade the market. I believe that evey beginners can use it
successfully.
Using synthetic pairs can help you hedge your trades by trading negative-correlated pairs. In this way, if you
lose on one pair, you gain back some of the losses on the other one because it goes in the opposite direction.
But the main thing is that you can make money off the difference in how the two currency pair which make up the
synthetic pair move. For instance, if the GBP/USD pair goes up, usually, the EUR/USD will follow. But they won't
move in exactly the same margin, only in the same direction.
So, if you create a chart which shows the difference in how they moved, you can make a profit off the
difference. It's like you have your own currency pairs which you've created like in this chart:
This chart looks like a normal chart, but that is about 2 days worth of trading
candles, and a move of 645 total pips. Pretty sizeable move.
Anyway, this chart shows nothing more than the difference of the
two currency pairs.As this chart goes up, it simply means that the EURUSD is separating from the GBPUSD (the prices
are moving away from each other).As the chart goes down, the GBPUSD is going back
towards the EURUSD.
The key is to understand that because of
correlation, whenever these two pairs aren't moving as they should, soon the market will need to correct itself.
This means that soon there will be a price shift in these currency pairs, often a huge one. You can capitalize
on this price shift.
This allows you to make money in more conditions
even if the market is moving very slowly and doesn't breakout. You've basically created a new currency pair
which does trend.
What the Forex Correlation Code system shows you
is how to use custom indicators to tell which synthetic currency pairs to trade and gives you the software that
allows you to work with them.
The benefits are impressive:
More volatile
- A Forex Correlation Code synthetic pair tends to move more than either of the pairs
by themselves which gives you more trading opportunities.
More predictable
- trends are more defined and go longer and counter trends are more obvious. This
makes trading easier, safer and more potentially profitable.
Jumps - In a
Forex Correlation chart there have been jumps of over a thousand pips in any given week, and 400-500
pips (or more) in any given day. This means that you can get more for every successful
trade.
Hedging - You can use synthetic pairs to hedge your
trades. Less risky means more money down the line.
Forex Correlation Code is a system which changes the rules of trading. You can and should consider
getting it. It is a bit pricey so only get it if you can afford it.
However, if you can afford it, I recommend becoming one of the few traders who do get it. It can
give you a massive edge over the rest of the trading world. You'll have your own entirely special way to trade the
Forex market.
I believe that correlation can prove a powerful concept in Forex trading and I recommend taking
notice of how this system is going to change things for a lot of people and help many traders make more money.
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