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Correlations

WHY IS FOREX not moving? Here is the answer!Hey tradomaniacs, As you may have noticed the market is not moving as it should looking at fundamentals and news which is why I`m still staying aside. A positive newsflow of economic data and very good earning reports plus a rising stockmarket are not really driving currencies as they should due to the fact possible stimulus could continue to boost US-YIELDS, which is currently in favour of the US-Dollar . In this case we got two intermarket-correlations which are contrary making it harder for forex-pairs to move smooth and clear (especially risk-on-pairs such as AUD/USD and NZD/USD ). Another example is USD/CAD as the market does not really know where to go as CRUDE OIL currently rises with the US-Dollar . DXY (US-DOLLAR-INDEX) is by the way creating its first divergences looking at Momentum and indicators such as MAC-D and RSI and I`m waiting for the market either to break through the key-resistance or to create a double-top. Bond prices and yield are by the way inversely related. So what shall we look at? As long as YIELDS continue to be strong with risk-on in the stockmarket we might see currencies stuck in major trend-areas. This means we either wanna see risk-off in stocks for a bullish USD or falling YIELDS with rsik-on in the stockmarket for a bearish USD! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me! #Patience
TVC:DXY
by Trading2ez
8
Don`t get DUMPED by USD-BULL-PATTERN!Hey tradomaniacs, The forex-market has been really choppy yesterday due to chaotic equityflow in the stockmarket as Hedge-Fonds are re-positioning. After the big players were forced to generate margin by closing their red positions volume and open interest decreased drastically for stocks like Gamestop showing that there is no fuel for price to move up anymore. Also suspicious is that demand and supply were very equal and it looks like fonds are exchanging their contracts among themselves. After a deleveraging-process that you can observe in stocks like Amazon, which dropped by almost -5% fonds took the chance and instantly bought shares back to re-position with longs. Statistics are showing that fonds are primarily LONG in stocks, which means we might see a contiuation of the current rally and so soon a falling US-Dollar. This chaotic cashflow out and back into stocks is obviously causing a weird price-action for the DXY (US-DOLLAR-INDEX) as its to and fro in demand and supply. This current up-move by USD is by the way a very nice chance for fonds to sell as more retailers don`t want to miss the boat and buy. As long as these reddit-groups are not causing too much uncertainy and fear we have to expect the primary trend to continue. I`m still waiting for fresh CoT-reports but so far retailers are long against the large speculators. DON`T get FOOLED by aby patter- THERE is no reason for USD ot go up (fundamentally) as long as the stockmarket stays bullish and BIDEN provides the promised liquidity! 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:DXYShort
by Trading2ez
11
CRUCIAL moment for BITCOIN#BREAKOUTHey tradomaniacs, Crucial moment for BITCOIN 👉 If you have followed my previous analysis about Bitcoin you know that I have expected two different scenarios. Triangles are always very risky as many fakeouts accur due to the fact that this pattern is almost too obvious and often a reason for retailers to buy the breakout. Now we finally see the break to the upside and have to wait for a confirmation in form of a retest, rejection and bullish volume aswell as momentum. Bitcoin is by the way often a nice pre-indicator for the mood in the stockmarket and less a hedge as many investors say. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me!
BITSTAMP:BTCUSDLong
by Trading2ez
7
EUR/AUD SELL IDEA Hey tradomaniacs, welcome to another free trading-setup. Notice: This is mean to be a preparation for you! as always we will have to wait for a confirmation! EUR/AUD: Daytrade-Preparation Market-Sell: 1,59200 Stop-Loss: 1,59650 Point Of Risk-Reduction: 1,58530 Take-Profit: 1,57800 Stop-Loss: 45 pips Risk: 0,5% - 1% Risk-Reward: 2,70 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
2
GBP/USD BUY IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is mean to be a preparation for you! as always we will have to wait for a confirmation! GBP/USD: Daytrade-Preparation Market-Buy: 1,36590 Stop-Loss: 1,36270 Point Of Risk-Reduction: 1,36850 Take-Profit: 1,37300 Stop-Loss: 32 pips Risk: 0,5% - 1% Risk-Reward: 2,20 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
7
SPX500 could move UP now!Hey tradomaniacs, SPX500 is currently re-testing the previous expanding triangle and could finish its retest soon. Next impulse if confirmed could give us a great opportunity to buy this ridicoules rally. We also use this corelation for our FX-Trading: "Market is shaky as expected but not concerning to me as long as the FX-markets reaction is so weak to the current risk-off-mood. Mondays are usually very bullish during the US-Session and SPX500 is currently in a retest-phase of the previous breakout 👉 DXY (US-DOLLAR-INDEX) is obviously gaining some strenght in a falling Stockmarket, but it all looks like a correction. US-DOLLAR is by the way very choppy today!" 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:SPX500USDLong
by Trading2ez
4
DXY with GAP-CLOSE and a nice SELL!Hey tradomaniacs, DXY ( US-DOLLAR ) seems to close its WEEKEND-GAP! A close of this GAP would push the market to a perfect short-entry in terms of important technical supply-levels. I will have a close look at the 89,900 area is we could get very nice opportunities to follow trends of majors against US-DOLLAR . #Patience snapshot 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:DXYShort
by Trading2ez
4
EUR/NZD BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation! As always we will have to wait for a confirmation! EUR/NZD: Daytrade-Preparation Notice: All trades are risky due to thin volume -> Sudden volatility can always appear. Market-Buy: 1,72150 Stop-Loss: 1,71700 Point Of Risk-Reduction: 1,72550 Take-Profit: 1,73000 Stop-Loss: 45 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.
Long
by Trading2ez
1
Are we on the verge of a US Bond market drop?Hello. My name is François Normandeau Here is an ADX-BRIEFING related to the 10-Year US Treasury Notes . Currently, on the daily charts , all the indicators we are using are mentioning that the US Dollar Index TVC:DXY is currently in a confirmed downtrend . Historically, there is a strong positive correlation between the US Dollar Index and the US Treasury Notes. if DXY drops, ZN1! drops... if DXY rises, ZN1! rises... relatively speaking and all things being equal If anyone is currently keeping a major long position related to the US Bond market, then this correlation is worth considering. More details about this post, as well as a video analysis, later today, on our site . Wishing you a great week, François Normandeau Institutional Research Director at ADX-BRIEFING
TVC:DXYShort
by Pine_Academy
Buy trade on UK Oil : confirmation received long ago.Hello. My name is François Normandeau. Here is the latest long-term analysis for UK Oil. We received a confirmation of a buy trade, long ago. At some point the market will turn around, but not yet, not on H1 anyway. Summary of the UK Oil market relative to the US Oil market. Illustrating the correlation with the US Dollar Index (DXY) where we are using the inverted value of DXY (1/DXY). As of now, on H1, no signs of a significant bearish turnaround. Wishing you a great weekend, François Normandeau Institutional Research Director at ADX-BRIEFING
TVC:UKOIL
by Pine_Academy
FISHY moves in the STOCKMARKETHey tradomaniacs, Current markets mood is harder to indentify as we see the same cashflow like we`ve seen with the first vaccine-wave this year. Comparing RUSSELL 2000 and SPX500 it looks like we see a flow out of big companies into the small-cap-section. This is very weird as the small businesses were those who suffered the most during the COVID-Lockdown in the USA. Does the market expect a BOOM of these companies with the upcoming vaccine? There is one fact: More than 50% of these companies listed in RUSSELL are not making any profit 👉 They are the "zombies" of the market who are only able to survive due to financial injections by the central bank. These odd moves are forcing me to trade a bit less as I don`t think that institutional traders are willing to buy stocks of companies that only just able to buoy up. Sell off coming soon? LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
TVC:RUT
by Trading2ez
2
CAD/JPY BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation! CAD/JPY: Daytrade-Preparation Market-Buy: 80,940 Stop-Loss: 80,500 Target 1: 81,410 Target 2: 81,670 Target 3: 81,980 Stop-Loss: 44 pips Risk: 0,5% -1% Risk-Reward: 2,40 www.trading view.com/x/2ZVPeTmV/ LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
1
NASDAQ100 drops WHILE SPX500 goes up? Here is WHY!Hey tradomaniacs, the current sell-off in NASDAQ100 and climb indicies such as SPX500 can be a bit confusing. The pump is basically caused by news from Pfizer (PFE) and Biontech (BTNX) saying that the vaccine is 90% effective in combating COVID-19! It`s kinda hard to evaluate the situation now as NASDAQ100 drops while growth-stocks go up. This is kinda tricky for the US-DOLLAR which is very volatile for now. FAANG-Stocks are suffering by the outlook t hat Corona is done with an upcoming vaccine. Why is that? Because FAANG -Stocks ( Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX); and Alphabet (GOOG) had their benefits from Corona as everyone was stuck at home, means people order a lot, watch Netflix and check social-medias. Last week Jeff Bezos has sold is own Amazon-Stocks aswell so there might be more potential to the downside. The TEC-HYPE could be over as prices are partially way too high. ❗️BE CAREFULL trading now as cashflow can be very chaotic❗️ LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
OANDA:NAS100USD
by Trading2ez
1
CHF/JPY SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation for you. as always we will have to wait fora confirmation! CHF/JPY: DaySwingtrade-preparation Market-Sell: 115,240 Stop-Loss: 115,690 Target 1: 114,730 Target 2: 114,380 Target 3: 113,830 Stop-Loss: 45 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. Any questions? PM me. :-)
Short
by Trading2ez
2
NZD/USD SELL SIGNALHey tradomaniacs, welcome to a new free trading-setup. NZD/USD: Daytrade-Execution Notice: Pullbacktrade - Low risk please. Based on volume and fundamentals I expect a pullback here. Aggressive management as always! Market-Sell-Order: 0,67870 Stop-Loss: 0,68140 Target 1: 0,67590 Target 2: 0,67305 Target 3: 0,67000 Stop-loss: 28 pips Risk: 0,5% Risk-Reward: 3,40 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
Bullish Looking Treasury Bonds May Push USDJPY Even LowerHello traders! Today we will talk about 10Y US Notes and USDJPY, their price action from technical point of view and wave structure from Elliott Wave perspective. As you may already know, 10Y US Notes(treasury bonds) and USDJPY are in negative correlation. So, after recent big sideways price action and corrective consolidation, the pattern is becoming clearer and clearer. Well, what we see is that USDJPY can be forming a bigger bearish running triangle formation, which can sooner or later push the price below 104 level, ideally towards 103 - 102 area, mainly because of current bounce on 10Y US Notes, which seems to have a completed flag pattern, from EW perspective, an a-b-c corrective decline, where wave "c" completed an ending diagonal. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
by ew-forecast
1
GBP/USD should still go UPHey tradomaniacs, still see a bullish move in GBP/USD 👉 The current correction looks pretty weak compared the the previous impulse. Price seems to find its bottom right at the key-support-area and has shown more multiple fakeouts to the downside. Additionally we see that the market begins to accept higher prices and volume doesn`t really chase the downside anymore. Remember that we closer we got to the election the higher in the risk we trade with as news will decide what happens. Market is overall playing a lot and DXY has failed to break through resistance the third time now. I`m preparing and watching this setup.🙏 GBP/USD: Daytrade-Preparation Notice: This is meant to be a prepartion for you. As always we will have to wait for a confirmation! Market-Buy: 1,30280 Stop-Loss: 1,29850 Target 1: 1,30710 Target 2: 1,30955 Target 3: 1,31425 Stop-Loss: 43 pips Risk: 0,5 % - 1% Risk-Reward: 2,60 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
5
USD/CHF SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. USD/CHF: Daytrade-Execution Notice: This time with a bigger stop-loss. Market-Sell-Order: 0,90680 Stop-Loss: 0,90900 Target 1: 0,90460 Target 2: 0,90350 Target 3: 0,90180 Target for One-Target-Trader: 0,90350 Stop-Loss: 22 pips Risk: 0,5% - 1% Risk-Reward: 2,25 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
5