I was reading Simon's blog (http://simonsupertrader.blogspot.com/2007/05/diversification-in-forex.html) where he believes that trading multiple currency pairs is not diversification. Like he states, going long the GBP/USD, long the EUR/USD, short the USD/CHF, and short the USD/JPY is betting against the U.S. dollar. If you trade these 4 major pairs, is...
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[Source: Forex Project : Experiences of a Forex Day Trader - Posted by FreeAutoBlogger]
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