Maby there is coming a very hard fall in the S&P500 soon, but why? If we look our graph were i plot GOLD, DB (deutsche bank) and the S&P500. We can make a prediction of the S&P500 based on deutsche bank. Deutsche bank is crashing hard last time with company results. And if we look at our figure we can understand that the S&P500 is in a bullmarket and also...
We will be watching to see if GBPUSD can regain its bearish momentum before the Fed announces interest rates on Wed. Although the street does not anticipate any move by the Fed, they may give a hawkish tone and if so that should add fuel to the short side. With that said we will be looking for a close below the short-term trendline on the hourly chart along with...
there is a nice play short on usd cad with a correlation with usoil , wich are both are overextanded as the moment , wich live us with a nice ugain the trend possibilitty with nice r / r ratio ! i ll chart the oil chart on the link bellow , we are back so don't hesitate to come by our group just to talk chop , make any comment , share chart anyting ! cheers...
The underlying trend is that oil production won't slow down anytime soon and that the oil price will continue to plunge, whereas copper and gold fall at a much slower rate in general. Both currency pairs correlations and Central Banks agendas make them lose value periodically vs the dollar, but that isn't a problem for these setups I outline here. In fact, the...
AUDJPY could be getting ready to rally once again. The long-term trend on the hourly chart is to the upside, if we get the proper setup we will be going Long AUDJPY and correlating it with a Short in NZDJPY. With proper money management while correlating these pairs it will present many opportunities to be a profitable trade. We can be dead wrong on the AUDJPY...
USDCHF has essentially been trading exactly off Euro news for a bit now and I think it wants to keep this trend going, regardless of strength/weakness of Swiss data coming out this week. This presents an opportunity. Look for Swiss data to move USDCHF out of correlation, play the retrace game back to where it "should" be given the price of EURUSD. This is a...
USDJPY could be poised for a breakdown and resume it's longer-term trend. We will be waiting for a hourly close below the short-term trendline drawn on the chart as well as confirmation from our algorithm. If we take this trade we will be correlating it with CHFJPY, although proper money management must be put in place. For more information and to trade...
Short NZDUSD is in my top 2 FX Trades for several reasons: 1. NZD is considered the riskiest G10 currency cross, so NZD trades weaker in risk-off markets, or when equities/ SPX trade lower (you can see the high correlation with SPX at the bottom of the graph). - With Brexit occurring last week, global risk has increased, this is especially the case for NZD due...
Short AUDUSD is in my top 3 FX Trades for several reasons: 1. AUD is considered a riskier G10 currency cross, so AUD trades weaker in risk-off markets, or when equities/ SPX trade lower (you can see the high correlation with SPX at the bottom of the graph). - With Brexit concurring last week, global risk has increased, this is especially the case for AUD due to...
On the 1D time frame, a strong positive correlation relationship emerges - where previously on the 4h time-frame the correlation looked relationship-less and "noisy". However, looking back at the Daily correlation over the last 2-3 years for GU and EU one noticeable and significant trend emerges - A steep fall in correlation, either from positive-lower...
On the 1D time frame, a strong positive correlation relationship emerges - where previously on the 4h time-frame the correlation looked relationship-less and "noisy". However, looking back at the Daily correlation over the last 2-3 years for GU and EU one noticeable and significant trend emerges - A steep fall in correlation, either from positive-lower...
This 2-part article will look at the practical application of correlations in trading and show how to use correlation inferences to exploit the statistical advantages they offer. On the 4h time frame, the highest day-tradable timeframe imo we see EUR$ has an exclusively negative and almost 1for1 correlation with the dollar index (or dollar "market"), however,...
Google C-Class shares i am bullish over the 6-12m, hence I am buying any 5-10% pull backs from highs. Goog has been moving sideways but i think it has just started a cycle higher, in which it is about to make a higher low at 715 before moving up again to 750+ 715-750 is a 5% move hence i am interesting in buying at this price with reward skewed something 1.5:1...
Though id post as just one example, perhaps the most obvious, that shows how heavily the JPY is considered a risk-off asset and to show the clearly, since the SPX is a risk-on asset, that the JPY is negatively correlated with the SPX. In times of market fear/ uncertainty, YEN is sought out, just like bonds and gold, as a safe heaven asset. The theory behind this...
Hello everyone! This is my first chart, so I hope you like it. There might have been other people that have already seen this, but I would like to give my view on this. If someone takes a look on the last 1 year, he will notice that the bitcoin price followed a similar pattern to the one that gold had, with delay of 20-30days. Also, in 2014 for about 215 days,...
Australia is the third biggest gold-digger… we mean, gold producer in the world, sailing out about $5 billion worth of the yellow treasure every year! Gold has a positive correlation with AUD/USD. When gold goes up, AUD/USD goes up. When gold goes down, AUD/USD goes down. Historically, AUD/USD has had a whopping 80% correlation to the price of gold!
The two instruments are very different in nature, XAUUSD (g o l d) bullishness was explained this year by negative investment sentiment. Hovewer markets turned risk on since mid Feb' and gold still rises. Either stockmarkets or g o l d investors will have to suffer losses in the near future, especially as both are at technical resistances.
We have entered a correlation trade between AUDUSD and NZDUSD this evening. The weaker than expected inflation numbers in New Zealand is causing the Kiwi to selloff while the Aussie hangs strong against the US Dollar. This news has given us an opportunity to go Long NZDUSD while Shorting AUDUSD. The current spread is approximately 120 Pips on the hourly chart. ...