When you look at all the major currency pair you can see that they don't move towards the same direction during a trend some are bullish and some are bearish. To trade in between the opposing currency pairs simply means that you should find the currency pairs that are similarly opposite to each other during a trend up or down this can be any currency pair that has a similarly opposite direction in the market.
A typical example of this opposing currency pairs is between the Eurousd and the Usdcad this similarly opposite directions happened on the 9th of October 2014 if you look on the charts of this pairs during the above mentioned date you can see that between 20:00h and12:00h there was a False break buy signal on the Usdcad chart oppositely The Eurousd started to resist its trend that started on the 3rd of October 2014,and on the other hand on the 2nd of October 2014 the Usdcad was on an uptrend which reached its Resistance directly on the 3rd of October 2014 when oppositely the Eurousd gained its support on the same date the 3rd of October. Literally I am not saying when you see either pair In support or Resistance you consider the opposite pair opposite . but make sure its so because you will never`know weather they are opposing unless you analyse and be certain it is so. If you like the strategy you can check it out may be you might like it. Don't waist time go with the pretence of them opposing currency pairs .
How to trade in between the currency pairs
1stly practise the safety 1st precaution then you go with flow by safety 1st I mean dedicate to this strategy completely and make sure you get things right about the similarly opposite pairs you are going to choose. examine which pair is in support or resistance, because if each pair is sideways both of them are ,after you've noticed.
Determine your risk
For if you are against the odds your risk is something you are ok with loosing to the markets .after you have analysed the charts completely you can place your trade on the direction you spotted on the charts about your similarly opposing pairs ,The advantage of trading between the opposing currency pairs is that you enter two trades the bullish pair and the bearish pair and the lot size is your option if you get it right you get away with a profit from both trades ,
By mzoks
