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Correlations

BTC is the MASTER of THE UNIVERSE at least the crypto universeLike evil Skeletor... BTC has its crypto MINIONS, binance, cardano, polkadot, ripple, uniswap, theta, and litecoin..... When there is stress in the crypto market, there is an incredible amount of correlation in the charts!! REMEMBER THIS, you have to look at the flagship, to see what colors the rest of the armada will wave. LOOK AT THE LIGHT GREEN BOX!. You always here everyone whining about correlation... but it is made very obvious here. You can use this link for analysis of correlation. charts.coinmetrics.io Quote: (in case you wondered why there are so many stupid leaders!) "Success in almost any field depends more on energy and drive than it does on intelligence. This explains why we have so many stupid leaders." - Sloan Wilson
by Ifyouonlyknew
1
NZD/CHF BUY SIGNALHey tradomaniacs, welcome to another free trading-setup. NZD/CHF: Swingtrade-Execution Notice: Risky ahead FOMC-meetings tomorrow as market is really choppy! Rather stay out if you don`t like trading with a higher risk. Market-Buy-Order: 0.65870 Stop-Loss: 0.65475 Point of Risk-Reduction: 0.66245 Take-Profit: 0.67100 Stop-Loss: 40 pips Risk: 0,5% -1% Risk-Reward: 3,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
2
I think this is the beginning of a beautiful friendshipIf you remove the first two hours of trading on Coinbase, the performance of the share price looks a lot like the performance of Bitcoin. It is never going to be 1-for-1 and nor should it, but there is a visible pattern there. Will there be a spread/arb/reversion trade there? Maybe one day, but a reasonable correlation will allow those that can only invest in shares, such as many fund managers and retirement funds, to have risk exposure to the coin market. Same reason certain EFTs exist. A senior analyst at Swissquote, Ipek Ozkardeskaya worte: "As such, a successful addition to Nasdaq should act as endorsement of cryptocurrencies by traditional investors." It’s a new stock so still finding it’s ground, but interesting to watch a relationship develop, like the end of Casablanca.
NASDAQ:COIN
by TheTradarien
2
Three ways to follow market relationships on TradingView. All trading requires an understanding of how markets are related. Understanding these relationships will put you ahead of others that don’t get it. Mean reversion and spread trades require a deeper understanding of how markets move together and how these relationships change. Like the weather, the degree of correlations, lag, convergence/divergence change all the time. It is that change that can bring about opportunity. On TradingView, there are three really easy ways to measure relationships. 1 Use the ‘Compare’ Function. Click Compare. Select Market. This creates an overlay, showing relative performance in percentage terms. The starting point is the visual start of the chart. Tip#1: Choose starting points that are significant, like just before a big announcement or at a chart high or low. Tip#2: Play around with time frames to look for patterns. - 2 Use Relative Strength (not RSI). This is not the RSI most of us know. This ‘Relative Strength’ shows the performance of one market versus another based on momentum and change. Select indicator and search ‘relative strength’. Look for an indicator that compares to a 2nd market. Example: ‘relative strength to SPX’. For this particular one, the default setting is to compare to SPX (obviously). In settings, change this to your chosen market. In the above chart, we use BTC. A falling index shows market#1 underperforming. This can be used to show overbought/sold conditions, relatively speaking. - 3 Watch your Correlations. The Correlation Coefficient measures the degree of statistical relationship between two markets. Tip: Look for extreme levels/changes in the number. It can tell of a change in trend or breakout. - Try all three and see what works for you and your markets. Look for patterns. -
BINANCE:DOTUSDEducation
by TheTradarien
49
USD/CHF SELL IDEA Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CHF: Daytrade-Preparation Market-Sell: 0.93990 Stop-Loss: 0.94280 Point of Risk-Reduction: 0.93700 Take-Profit: 0.93200 Stop-Loss: 29 pips Risk: 0,5%-1% Risk-Reward: 2,80 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
5
GOLD SELL SIGNALHey tradomaniacs, welcome to another free trading-setup. GOLD (XAU/USD): Daytrade-Execution Notice: Trading Gold can be very risky due to the current intermarket-correlations. Keep your risk low or stay out! Market-Sell-Order: 1729,00 Stop-Loss: 1746,00 Point of Risk-Reduction: 1711,00 Take-Profit: 1681,00 Stop-Loss: 17 points (170 pips) Risk: 0,5%-1% Risk-Reward: 2,90 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
OANDA:XAUUSDShort
by Trading2ez
3
Bond yields correlation with NASDAQ 100 and CryptocurrenciesAs the chart shows, after last Wednesday's FOMC announcement, the 10 Year Treasury yields broke above 1.65 for a test of 1.75 with potential move toward 2%. This is a hugely important move and is part of what has affected the NASDAQ and the recent corrections in crypto currencies. There is also the additional move out of the high growth and high performance stocks in NASDAQ to cyclicals and this can be seen in the divergence between NASDAQ and S&P 500; we saw multiple days when NASDAQ has either lagged S&P 500 or has been negative while S&P 500 has remained marginally positive. Given the correlation between NASDAQ and the crypto currencies these trends have also influenced the crypto currency trades. It is worth noting that the yield on 10 year Treasury is the basis for corporate bonds and therefore, has a significant impact on the market; in other words, higher 10 year yields higher borrowing costs. Therefore, as Jerome Powell and FOMC try to keep the current low lending rates to support and stimulate the economy, the market is pricing increasing inflation expectations into the 10 year Treasuries and this is creating increasing tension in the bond markets (for those who are familiar with technical analysis, this means increased convexivity). Conclusion: TLDR: This means we are up for a rocky ride going forward and somewhat downward pressure on risk appetite. Therefore, investors need to be more selective than before with their investment choices. If you are investing in crypto currencies make sure you know and understand the projects you invest in.
TVC:TNX
by DrCryptoPlay
AUD/USD BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! AUD/USD: Daytrade-Preparation Notice: Market still shaky and risky to trade! Market-Buy: 0,77500 Stop-Loss: 0,77340 Point of Risk-Reduction: 0,77650 Take-Profit: 0,77950 Stop-Loss: 16 pips Risk: 0,5% -1% Risk-Reward: 2,75 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
5
CRUCIAL MOMENT FOR US-DOLLAR!Hey tradomaniacs, US-10-Year-Yields are currently re-testing a strong resistance, which is bad for equities but supportive for the US-Dollar. Technically we see that YIELDS and DXY (US-DOLLAR-INDEX) are both at strong supply-levels while equities are at strong demand-zones👉 These are curcial moments as either rejection or violations of these levels could cause trend-continuations or reversals today. I`m observing these two charts carefully and wait for confirmations. If YIELDS drop US-DOLLAR is more likely to fall aswell in order to complete the previous S/H/S-Pattern. The Target-Zone for it is at 91,200. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
TVC:DXY
by Trading2ez
7
So you wanna SHORT NZD/JPY? Here is why it could get tricky!Hey tradomaniacs, since Jerome Powell stated that "there is no inflation" the market keeps betting against the FED and tries to poke Jeromes nerves with rising YIELDs. This is obviously bad for equities, because higher returns provides a great alternative to Stocks, which is causing a strenght for the US-Dollar. So why could a short NZD/JPY be choppy? NZD/USD currently reacts so sensitive because stocks are falling. NZD/USD is a risk-on-currency and since correlations have changed in the market almost all majors against USD having very huge standard deviations. This is basically because the economy improves when US-DOLLAR falls, due to the fact that the provided liquidity, or inflation, boost consume and investments -> Higher grow expectations -> Good for stocks. Now we got these correlations in the market: YIELDS and US-DOLLAR rise -> Equities fall Equities fall -> NZD falls YIELDS rise -> JPY falls When NZD and JPY both tend to fall due to the current correlations, NZD/JPY could be the worst NZD-pair to short, or generally to trade. The best JPY-Pair to trade is currently USD/JPY, as DXY moves up while JPY falls as long as the inflation-worries continues. Non the less, we could see stop-losses getting triggered and so a fall of NZD/JPY. Compare NZD/USD to NZD/JPY, and you will se what I mean. :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
6
GOLD (XAU/USD) BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! MY thoughts: Since fundamentals seem to put YIELDS under pressure, we could see a cashflow out of Bonds into no-Interest-assets again such as Gold and Silver. If Yields drop with US-DOllar we would get the very perfect circumstances to see a strong bullish impulse for Gold. GOLD (XAU/USD): Day-Swingtrade-Preparation Market-Buy: 1741,00 Stop-Loss: 1725,00 Point of Risk-Reduction: 1755,00 Take-Profit: 1794,00 Stop-Loss: 16 points (160)pips Risk: 0,5% - 1% Risk-Reward: 3,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
OANDA:XAUUSDLong
by Trading2ez
5
USD/CAD SELL IDEAHey tradomaniacs, welcome to another free trading-setup! Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Daytrade-Preparation Market-Sell: 1,26830 Stop-Loss: 1,27200 Point of Risk-Reduction: 1,26600 Take-Profit: 1,26100 Stop-Loss: 37 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
13
AUD/USD headed to the down side AndrewTheSage reporting to you live. My charts are messy and colorful. I am not a financial advisor I use arrows and different types of fib levels to show what's going on.. I will not put up an essay. I feel if you can read a chart you can understand what's going on with price by showing you a visual effect. The Dollar is going up....notice as the dollar goes up notice the negative correlation it has on AUD/USD it's going down mirroring the opposite.
Short
by andrewthesage
DAX could MOVE UP!hey tradomaniacs, Market is currently shaky and volatile but I don`t see any reasons for the recent moves in terms of fundamentals and correlations. US-DOLLAR has corrected a little bit due to drastic moves down in indicies with the opening of the london-session. If these moves were legit we would see a drastic continuation, which is currently not the case. DAX30 👉 #Washouts LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
GLong
by Trading2ez
2
EUR/USD BUY SIGNALHey tradomaniacs, welcome to another free trading-setup. EUR/USD: Daytrade-Execution Notice: EUR/USD is currently one of the risky pairs due to the high weight in DXY and chaotic YIELDs. Yields currently drop which is bad for the US-Dollar. Market-Buy-Order: 1,20380 Stop-Loss: 1,20140 Point of Risk-Reduction: 1,20635 Take-Profit: 1,20950 Stop-Loss: 24 pips Risk: 0,5% - 1% Risk-Reward: 2,40 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me!
Long
by Trading2ez
8