Several setups appear at once: how do you rank them?
Some sessions offer two or three valid setups on different pairs at the same time. Taking all of them concentrates risk; taking one requires a ranking rule nobody teaches.
What's your ranking?
- the criteria that sort setups (structure quality, session, correlation)
- how you handle the tie you're forced to leave
- the mistake you made when you took them all
The correlation guide shows why "all of them" is usually one trade.
Background: Currency correlation: why EUR/USD and GBP/USD often move together
Pairs that share a currency or an economic driver tend to move in step. How correlation works, why it changes and how it can quietly double your risk.
Which currency pairs are positively correlated?
EUR/USD and GBP/USD, and AUD/USD and NZD/USD, often move in the same direction, although correlations change over time.
Why does correlation matter for risk management?
Holding highly correlated positions is similar to holding one bigger position. A single move can hit several stops at once and multiply the loss.
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