One of my students and good friends, Michal Kreslik, is a brilliant analyst and has come up with a fascinating article about what he calls the "Impeccable Hedge." He has an excellent entry in his trading forum about the hedge trade and you can find it here:
http://kreslik.com/forums/viewtopic.php?t=307
Michal knows his stuff and what he is talking about here is one very promising method for determining a currency pair'sfair value, or actual value, in the very short term. It's thought provoking and worth the time it takes to read. Enjoy!
