Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by 
I was not able to upload a story last week due to a trip to the USA, so the first thing I do when I came back in the office is to compare the strength and weakness of the currencies pairs I normally follow.
The top purple line, the NZDUSD, was 60 pips weaker last week while the black line at the bottom, the USDCAD, was up sharply almost 300 pips.
From here on I go to a closer analyses for each of the currency pairs.
The real followers of this blog must remember the story “EURUSD to the Moon” !
The situation has changed today in a sell signal again as you can see below.
The bars went green 2 weeks ago at 1.2840 and now short again at 200 pips lower and if we stay there today the signal is official short because it’s the 1e close below the previous weekly low.
