EURUSD, USDCAD , DXY index Dynamic intraday hedging

Dynamic intra day hedging:
Fundamentals and and a lack of
interest in the euro has has it fall
substantially, USDCAD is -95%
corralated to the EURUSD
and we have seen a strong canadian
dollar over the past few d
ays. effectively by creating
two positions one short on
the eurusd and one long in usd
cad with the same lot sizes
we can effectively minimize risk.
we can minimize risk even more
by then adding the two lot sizes
from eurusd and usdcad to
create another positions in the dxy
which then minimizes risk even more