Perhaps this is naively hopeful of me, but are there any particular pairs that, when traded in conjunction with oneanother, reduce the overall risk taken on (without significantly reducing gains)? For example, I’d imagine that you’d be reducing your overall risk by trading pairs with the same base currency (diversification?).
Are there any pairs that tend to have an inverse relationship, which can be exploited to reduce risk?
If you wish to explore various correlations then first port of call has to be Moore Research - note that the above 2 crosses have a -97 correlation which is maintained over the various time periods.
