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How do currency correlations change my risk when I open several trades?
I bought EURUSD and GBPUSD at the same time and both hit my stop. Was that bad luck?
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Economic data, central banks, interest rates and news that move the markets.
I bought EURUSD and GBPUSD at the same time and both hit my stop. Was that bad luck?
The central bank raised rates and the currency fell. I thought higher rates make a currency stronger. What did I miss?
I always get stopped out in the first minutes after NFP. Should I trade it or stay out?