Maximize Your Forex Returns: Understanding Correlation

Do you want to become a successful Forex trader and avoid unnecessary losses? Knowing how to trade correlation is essential for avoiding unnecessary losses.
In this video, Andrew Lockwood will explain what correlation is, show you how it affects currency pairs and teach you how to use it in your trading strategy. Learn about the different types of correlations and the factors that can cause them. Trading the markets successfully is all about exploiting an edge. Forex correlation trading creates a huge edge for traders if used correctly.
👨 Join our Free Discord Community: bit.ly/TCTDiscord
💵 Apply for Funding: www.thecitytraders.com
🎁 FREE Weekly Watchlist and Market Report: go.thecitytraders.com/weekly-...
📈 Download FREE Naked Trading Cheatsheet: go.thecitytraders.com/naked-t...
📉 Download FREE Boomerang Trend & Reverse Strategy Cheatsheet: go.thecitytraders.com/1234-tr...
🔗 Connect with us on Social Media
Facebook: / thecitytraderscom
Instagram: / thecitytraderscom
Twitter: / citytraderscom
Tiktok: / thecitytraderscom
LinkedIn: / thecitytradescom
-------- About The City Traders
The City Traders is a community of aspiring traders who can explore effective methodologies to eventually make a career as a funded trader. We know that the education and proprietary trading industry is crowded with unrealistic expectations and criteria resulting in failures.
We are solving these problems by focusing on three crucial areas:
- Comprehensive education from real traders
- Funding program designed by traders for traders
- Growth in performance and personal development
We strive to enable every community member to own their future and equip them with the skills and support they need throughout varying economic conditions.
-------- Risk Disclaimer
Trading the financial markets carries a high level of risk, and may not be suitable for everyone. The information made available here is to provide education only and not investment advice. We recommend that you seek professional advice before carrying out specific transactions and investments.
Futures, CFD, Margined Foreign Exchange trading, Warrants, Options, and Spread Betting carry a high level of risk to your capital. A key risk of leveraged trading is that if a position moves against you, the customer, you can incur additional liabilities far over your initial margin deposit. Only speculate with money you can afford to lose. Futures, CFD, Margined Foreign Exchange trading and Spread/Binary Betting may not be suitable for all customers, therefore ensure you fully understand the risks involved.
#forexcorrelation #tradingstrategy #forextrading

[@thecitytraderscom]

Do you want to become a successful Forex trader and avoid unnecessary losses? Knowing how to trade correlation is essential for avoiding unnecessary losses.

[@brianjude1957]

ANDREW, AM HAPPY TO SEE YOU AGAIN BRINGING NEW CONTENT. YOU ARE THE BEST OF THE BEST.

[@thecitytraderscom]

Thank you!

[@LeanTrader]

Great content as usual Andrew...Many seasoned traders don't think about correlation and they should

[@TheTradingBattle]

Great stuff, Andrew!

[@thecitytraderscom]

Thank you kindly!

[@sidhartsahoo]

Thank you. Much appreciate the content

[@thecitytraderscom]

My pleasure!

[@Crystal-Clear-Mind]

Great content Andrew. Thanks!

[@thecitytraderscom]

My pleasure!

[@simonj007]

Very important video. Thank you Andrew.

[@thecitytraderscom]

Glad it was helpful!

[@timk7800]

Thanks Andrew, that's very helpful information.

[@thecitytraderscom]

Glad it was helpful!

[@jamesjones8603]

Very interesting to watch this. I was a little confused when it came to risk on/off and the correlation. USD rises along with commodity currencies for risk on yet they are highly correlated with the EURUSD. So if USD goes up you would expect both commodities to go sideways as they are both bullish in risk on so I wouldn't expect them to be bearish

[@declanmclaughlin693]

Great Andrew, I'll be watching this again very important.

[@thecitytraderscom]

Thanks!

[@gusmanue8337]

Brilliant video very well explained thank you!

[@thecitytraderscom]

Thanks' glad you like it!

[@Scott-lm7os]

Great video, everyone needs to learn about this!

[@thecitytraderscom]

Glad you think so!

[@orangequant]

Thanks, nice to find out abt correlation tables.

[@thecitytraderscom]

Glad it was helpful!

[@pippiphooray8756]

Top education!

[@thecitytraderscom]

thanks!

[@emanuelfx4266]

Thank u❤

[@thecitytraderscom]

welcome , come and say hi mee6.xyz/i/8ffmvPJQu2

[@ellensekaichingwara33]

Thanks Old man ❤️

[@thecitytraderscom]

Pleasure 💕

[@AbouDana]

Great 🎉

[@thecitytraderscom]

Amazing!

[@user-qs8yl6tc7m]

Hello, can I ask you which is the website where you got the table for forex correlation and also the trading view chart? Thank you so much, it would be so useful for my thesis!

[@thecitytraderscom]

Did you get this mee6.xyz/i/8ffmvPJQu2

[@michaelcohen1575]

I was looking forward to hearing what the other shades of colours represent in terms of correlation. Very useful video nonetheless

[@thecitytraderscom]

Great suggestion!

[@excellgee1]

You did a good job, by explaining it very well, but how can I get the correlation table ? Thanks city traders

[@thecitytraderscom]

Plenty available online, free to use :)

[@RoninEnslaught]

Where did you pull up that correlation data sheet?? forgive me if i missed it as some point.

[@thecitytraderscom]

This is tools that we use inside.

[@leebaohong3938]

May I know where can I get the correlation table ? I couldn’t find it online

[@thecitytraderscom]

It's available online if you google it, we didn't create it ourselves.

[@yil8592]

How do you create that correlation table?

[@thecitytraderscom]

there are a lot online that you can use

[@JulesFonkie]

Are you still reading these comments?? I just watch this once and it's much clearer now I was stuck between positive and negative. But which level do you think is better to trade? above 50 or 60

[@thecitytraderscom]

it depends on your strategy!