How to Compare Two Charts at Once (Forex Correlation)



Get more tips: http://www.tradingheroes.com/blog/ The economies of certain countries are highly correlated to commodity markets. For example, the Canadian economy is tied to oil, because they export so much of it. Therefore, it makes sense to follow what the price of crude oil is doing, since it affects the Canadian Dollar. Since Japan imports most of their oil, the CADJPY currency pair is a certainly a pair to watch. In this video, I will show you how to overlay the oil chart on the CADJPY chart to see the Forex correlation. Watch this video on YouTube: https://youtu.be/YxJPcWxq8EA Subscribe to the channel: https://www.youtube.com/user/tradingheroes Learn more about TradingView (affiliate): http://www.tradingheroes.com/tradingview Learn more about Forex market correlations: http://www.tradingheroes.com/3-non-forex-markets-that-you-should-watch-to-trade-forex-2/

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    Duration: 2m 16s

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