Hi Guys, this is an update of my previous post...just to check how it is going.
Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Comment
⋅
It is visually easier if you click & play from time to time both USD/JPY and GOLD charts. The idea is to help viewers to better appreciate how these markets and their moves are correlated.
Yes and no - a better correlation is DXY and GOLD and use the monthly, anything under a day is for scalpers, long term is best but seeing as this is basically a daytrading site it will probably fall on deaf ears
cozzamara
⋅
@marberisking, absolutely. DXY is even better and I tend to use it in conjunction with JPY as it is considered a safe heaven too when US economy struggle.
TheLazyBrother
⋅
If you overlayed 5y yield it would probably match too.