correlation

Bom dia a todos, Neste gráfico junto o par USD.CAD em conjunto com o WTI. Já é do conhecimento de todos de que são 2 activos que revelam algum grau de anti correlação. As perdas no petróleo permanecem limitadas pela fraqueza generalizada do dólar americano e pelo aumento das tensões entre a Turquia e a Síria aliada ao Irão. As tensões geopolíticas ameaçam...

Price has printed a double top formation today at key resistance level showing that buyers are failing to break higher. Trade war news today on china trade deal slow to come to a resolution. Watching for a move lower to the highlighted zones below, which will correlate with the forex market as well.

.LOG RECAP - 09:17 01-Oct-19 I spread-trade. The guy who spreads and makes a little every day is the one who walks away with the big money.” –A veteran trader, quoted in Futures Spread positions tend to be less risky than outright long (buy) or short (sell) positions. But not all the time. Always remember, it is not 100% full proof. Mostly WHEAT versus...

It sure doesn't. But in BTC's case, it seems as though the two go hand in hand. And despite the rhetoric of BTC being a hedge against risk on assets, since 2011, BTC has a correlation coefficient of about r=0.78 compared to that with gold of about r= -0.14. Go figure. And then again, when all shit breaks loose, all asset classes converge to 1. But BTC has never...

The correlation in volatility and direction is measurable. Confirmed with the opening of markets tomorrow which is bound to be volatile once again. the orange line is bitcoin.

Price has broken through the ascending trend line, after making a head on shoulders formation. price now is breaking through key level support with a strong bearish engulfing momentum candle through key level support / neckline. Will be watching for a slight pullback to retest broken support as new resistance, as price now looks ready for a new downtrend & has...

Interesting correlation here between ETHBTC and XRPBTC. This same pattern can be seen on many alts atm, including LINKUSD, and BATBTC. For link specifically, the question is whether there's further gains on the horizon. Refer to my first post shared below for my opinion on LINKBTC. Second post for reliable LINKUSD pitchfork. Third, BATBTC and fourth, my outlook...

Timeframe: 4 Hour Trend: Up -AUD/USD has made strong gains over the last 2 weeks. Price is currently trading around the 0.50 fib level and is showing some rejection at the 0.50 fib level indicating that buying power is slowing down. -Bearish divergence can be seen on the Stochastic RSI, indicating some pull back may be warranted to the 0.382 level. This would...

Price has made a triple top formation at resistance, along with a break of the consolidation box region. Price is now sitting on support, above the ascending trendline. Will be watching for a breakout of the ascending trendline along with support structure for a trend reversal on this pair..

Hey tradomaniacs, in this chart I want to show you my concerns about Gold and why I wouldn`t buy right now. Technically we see a very nice chance to buy right at the trendline, especially since the correction seems to be done according to E.W. and the fact that we are right at the trendline PLUS a very nice round number, which is 1.500 here. The 4h and...

.LOG The inverse correlation GOLD vs OIL 08:10 05-Sep-19 Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil...

.LOG Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil can take advantage of market moves. Broadly...

.LOG The inverse correlation GOLD vs OIL 14:39 04-Sep-19 Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil...

EUR/CAD: Daytrade-Opportunity#BUYHey tradomaniacs, welcome to another free signal of Week 36 Nr. 9 How to trade: Wait for the retracement to our entry and sell. ----------------------------- Type: Daytrade Sell here: 0,98652 Stop-Loss: 0,98889 Target 1: 0,98284 Target 2: 0,98056 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate...

Positive correlation between NEO & ETH

.LOG The inverse correlation GOLD vs OIL 12:38 03-Sep-19 Gold can be used for speculation but is preferred as a safe haven. Crude, on the other hand, can be used as a store of value but is preferred as a speculative play. This combination makes these two assets work great together as mutual hedges. Gold helps offset the risk of higher uncertainty, while oil...

This week i've been paying close attention to absolute correlated and negative correlated pairs. In my previous analysis on GBPNZD we were looking for a Long Opportunity so it's only logical to look for the same in this pair. Here I see a Triangle formed so what I understand from this data is price is respecting its support and pushing lower highs leading price to...

Previously analyzed the Euro/Kiwi, using Price Action we were looking to go Long (Refer to my previous analysis on EURNZD) We have a 95% Negative Correlation to EURNZD therefore we see price express itself like 2 Positive Magnets. Price is moving in an extreme downtrend which isn't hard to analyze with naked forex. I'd be highly interested in finding a high...