Forex Correlation Code is a new system for trading the Forex market in a way which has never be done before. I don’t like to use the word revolutionary because it’s been overused (and in some cases abused), but this is as close as it gets.
Let’s just say that once you complete reading this review you’ll understand what I’m talking about and why this is a totally new way for you to trade the Forex market.
But let me first say a few words about how Forex Correlation Code came to be: it’s the creation of Jason Fielder and his team of developers. Jason Fielder has been a noted Forex ‘guru’ for many years now. He has also developed some extraordinary systems like the Triad Trading Formula (currently not for sale).
He’s the sort of guy people invite to speak at Forex conferences. That’s how good he is. And, he’s always looking for a new way to make trading easier, faster, smarter, and more profitable.
I believe that the Forex Correlation Code does all those things.
Click Here to Read More About Forex Correlation
But what is Forex Correlation?
Basically, when you look at the way certain currency pairs behave you see that many of them are correlated or inversely-correlated. Correlated pairs tend to go in the same direction, and negatively-correlated pairs tend to go in opposite directions.
For instance, the GBP/USD and the EUR/USD pairs are correlated, if one goes up the other tends to go up as well. Of course, they don’t go up by exactly the same margin. Here is a chart which shows this:
The EUR/USD and the USD/CHF are negatively correlated. They go in opposite directions, usually. Here is a chart which shows this:
Click Here to Read More About Forex Correlation
But how can you use Correlation to trade?
This is what the course part of the Forex Correlation Code teaches, but basically it comes to 2 points: hedging and synthetic currency pairs.
Let’s begin with hedging:
Let’s say you want to buy the EUR/USD because you think it’s going to go up. But you don’t know exactly by how much. You can hedge your trade by buying the USD/CHF also. Since they’re inveresly correlated you know that one’s going to go up and the other down.
What this gives you is a hedging effect: if the EUR/USD goes down, you won’t lose as much as you could’ve since the USD/CHF will go up and take off some of those losses.
Of course, knowing which pair will change more is something you need to learn and it’s through simple to use indicators in the Forex Correlation Code system.
In addition, you can use correlation to benefit from ‘correlation breakdowns’.
Forex Correlation Breakdowns
As I explained, currency pairs are correlated. This means that you can use this correlation to predict future market movements. However, correlation doesn’t happen 100% of the time. There are times in which the market ‘misbehaves’ and a ‘correlation breakdown’ occurs.
A ‘correlation breakdown’ is when two currency pairs don’t move according to the correlation that exists between them. For instance, if the GBP/USD is going up and the EUR/USD down, there is a ‘correlation breakdown’ since they should move in the same direction.
When this happens, there is a very high probability that the market will move to ‘correct’ this breakdown. This move can be quick and big and if you’re ready for it, you can make a fast and massive profit. Because correlation is so powerful, it is a near certainty that this will happen. You can learn it all in the Forex Correlation Code course
To make this kind of profit, you can trade with 2 charts at the same time as this video shows:
Click Here to Read More About Forex Correlation
You can also trade according to correlation with the special software that comes in the Forex Correlation Code package because it allows you to trade synthetic pairs. Click here for more info on Synthetic pairs
What are synthetic pairs?
We all know the regular Forex pairs, the EUR/USD, GBP/USD, USD/JPY and so on. But, now you can take it one step further and create synthetic pairs like: GBPUSD/EURUSD. It may seem complicated, but trust me, this can become pretty much second nature to you.
What does this give you? The answer is a brand new way to trade the market with bigger opportunities. Synthetic pairs allow you to make money off the spreads between both regular currency pairs.
For instance, we know the EUR/USD and the GBP/USD are correlated: they move in the same direction more often than not. But either one of them may not be moving too much at the moment, we can have a stale market.
However, the difference in how much they change in value is also something that you can trade on, but only with the Forex Correlation Code software.
The software basically creates a new chart for you, which indicates the difference in movement by both pairs like this chart here which shows the chart of a synthetic pair made up of the GBP/USD and the EUR/USD:
It looks like a normal chart and shows 2 days of trading and a move of 645 pips. Anyway, this is nothing more than the difference of the two currencies.
As this chart goes up, it simply means that the EURUSD is separating from the GBPUSD. As the chart goes down, the GBPUSD is going back towards the EURUSD.
So, going back to the original theory, we simply buy one and sell the other based on our indicators (trend, counter trend, and breakout) on this chart. And when trades are made on this chart, we simply buy one currency and sell the other (all outlined in the course).
As I said, this may seem complicated but that’s why this course is here: to show you how to make it simple and easy. That’s why you won’t just be getting a software but the course that goes with it as well.
Click Here to Read More About Forex Correlation
The benefits of using a Forex Correlation Code chart are:
- More volatile chart… tends to move more than either of the pairs by themselves
- More predictable… trends are more defined and go longer and counter trends are more obvious
- Jumps… have seen jumps of over a thousand pips in any given week, and 400-500 pips (or more) in any given day
Basically, if you know how to work with this system, you can make a lot more money faster then ever before. And because this system is only going to be sold in limited numbers, you can have a massive tool which most other traders don’t. Not a bad way to have a fantastic edge in the market.
Forex Correlation Code is going to change how many traders trade. It will open new possibilities in the market and can be a brand new way for you to trade and make money on Forex.
