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No, not if negative correlated. CHF is ( on
historical basis) -99 correlated to Eur. So by buying both I benefit from
positive interest on the pairs ( FX broker calculates interest by the second)
and the relative safety of a near 1:1 hedge. Where I gather my pips
is that the correlation is -99 not 1, so this allows me to siphon off pips with
low risk when the 2 pairs move out of tandem.
The other way is to just buy Eur/Chf and hold,
selling on rallies & buying on dips. But this way suits me best on my
TF.
cheers
----- Original Message -----
Sent: Saturday, September 17, 2005 10:54
AM
Subject: [amibroker] Re: Strategy code
help please
Steve -- I'm missing something. Doesn't one of the 2 legs
of the
spread have to be sold rather than
bought?
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