correlation

COINBASE:BTCUSD On August 1st, the Bitcoin community will be deciding on the future of Bitcoin. Since there is a likely chance that a hard-fork will occur, I will attempt to go through what may happen based on what happened to Ethereum when it hard-forked into Ethereum and Ethereum classic. This analysis will be based primarily on fundamentals and what happened ...

I just wanted to follow up on my last post, after I had first realized that $QQQ and $BTCUSD move in a pretty close lock-step, with the Nasdaq 100 actually making the moves first. Still been trading this strategy with a pretty high success rate. Here's my first post on the idea. https://www.tradingview.com/chart/BTCUSD/84uVghuq-BTCUSD-Nasdaq-Correlation-QQQ/

Pretty interesting correlation between the Nikkei and gold. A rounding top is being formed on the Nikkei. When the Nikkei drops gold will most likely rise due to the correlation with the Yen. This idea supports my other gold ideas.

This is my first plot on VIX, not many people trade on that but I decided to make a try. In addition I test completley new indicators and oscilators, never used them before. Supported by Zero Hedge: "VIX Crashes To A 9 Handle - Lowest Level Since Feb 2007" http://www.zerohedge.com/news/2017-05-08/vix-crashes-9-handle-lowest-level-feb-2007 Expecting further ...

5 day rolling correlation study

Whats up guys ! ** Watch below for more info ** ** RISKY = every crypto is going down since few days ** Here we have a setup on the ltc/usd. Accumulation of : - Daily trendlines from bottom and top - Support zone - Lot of fibonacci retracement as usual - Stochastic strong oversold ( watch below ) - BTC trendlines bounce correlation TP1 is the ...

Once again considering the weakness of the dollar this past days, being confirmed by the existing correlation between (USD/CAD Vs. EUR/USD), there´s a short opportunity on the table. The RSI shows a fair price range and combined with the ADX indicator which proves the trend, Di- above the Di+ and also seeing the ADX line bellow 40 (Not giving us a trend change) ...

Here we have dollar index chart and we are having a reversal channel formation to upside. Look for breakout and if price does not breakout this time then look for the bottom to buy. When dollar index moves, it means that dollar pairs will move with it as well (correlation). So you should look for sell on pairs such as NZDUSD, AUDUSD, EURUSD....

Price fell sharply last two weeks and we are now expecting a retracement to the upside with the following confluences - 1) A completed higher degree WXY 2) A completed smaller degree WXY 3) A completed Bat pattern 4) A RSI divergence formed All these give us the confluences that we might see a decent pull back to the upside for AUDNZD. Quiz: With this ...

Comparing the BMW chart to the VW chart it is striking that both price developments are strongly correlated to each other. Given the current spread between the two price changes in percentage, determined by using the closing price of the first day after going public, subtracting it from the current stock price and then subsequently deviding it through the first ...

I sold GBPAUD. The trendline is really strong and I don't think it'll pass it. On the 4-hour chart, RSI touched the oversold level. (70) I'm also short on other GBP pairs except for GBPCHF but as I said, I might not trade it. We'll see! Trade safely.

EWZ and the Emerging Markets ETF EEM have a strong correlation (Since EEM have 7.7% of brazil stocks). The correlation for the last year have been .92, and the last 30 days have drop to .40. Today we got a strong move on EWZ of -3.18% at the time of the trade and -.64% on EEM. By trading one to the upside and the other to the downside I will look to reduce ...

Hello Traders, AUDUSD is in a big triangle pattern in the daily chart, as you can see in the first chart. It was flirting with the last significant breakout highs at around 0.7536. Where also the 200-day moving average comes across. The main idea is now that the market should at least bounce from its current daily levels. Therefore, we waited last week for a ...

The dax has been retesting the 12000 mark in the wawe of usd growth following trump speach before the congress . That the Pivot point beetween making new high and confirming the uptrend or it s going to range for a while and then going back down . Seeing the dax working this level would make belive that something its going to decide for it's faith , either way , ...

Trump speach before congress had a nice effect on the usd and gold react accordingly , went strait back into the 1220 battle zone the got vilently faught back out of it . I mean this kind of candle just mean reaction and the next support to the up side would be the 1240 1245 zone for completion of an nice head and shoulder pattern . If those price manage to ...

Correlation between DXY and USD/JPY Let’s start at DXY, if you look at the beginning of the year you can see we topped out just under 104 and then dropped during January down to 99.2 area which lines up right with the 38.2 FIB. If you move over to UJ, you can see that at the beginning of the year we started 118.5 area and during during January we dropped down to ...

Either USDCAD will remain ranging this week or bounce up soon from the daily support esp with weaker USoil lately. Waiting for stronger bullish bounce before setting up a buy stop order @1.32, with TPs at R1 and R2 pivot lines, and SL near daily support line. D: https://www.tradingview.com/x/pb3ogJuP/ W: https://www.tradingview.com/x/dKVkVEab/

Materials and Finance both started the week flat, moved up for a couple days, then remained steady on Friday while the US and World markets were down. If the US and World indexes are up next week I expect much from these two! Real Estate and Consumer Staples (Non-Cyclical) were the clear Sector losers taking back all the gains they made early in the week to ...