el3reef:
Hello
if may broker dosnot provide trading on USDX how can i trade on it
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Hello
if may broker dosnot provide trading on USDX how can i trade on it
this is the USDX Equation :
USDX = 50.14348112 * the EUR/USD exchange rate ^ (-0.576) * the USD/JPY exchange rate ^ (0.136) * the GBP/USD exchange rate ^ (-0.119) X the USD/CAD exchange rate ^ (0.091) × the USD/SEK exchange rate ^ (0.042) * the USD/CHF exchange rate ^ (0.036).
I think I should open the same pairs with the same weights/lots found in the above equation ! , But I do not know the importance of No "50.14348112" Which is at the beginning of the equation
I hope to find someone telling me the size of the orders that I have to open in these pairs above , And how do I get the point price at the time if we have four decimal numbers
thanks