DislikedI earned 30 pips first target... and target to 1.6120... EURUSD target 1.3900Ignored
pls if you have any chart post it
not to say any thing or any target with with out proof
many people will folow u and will get lost
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DislikedI earned 30 pips first target... and target to 1.6120... EURUSD target 1.3900Ignored
DislikedDigger,
~30 hrs later... here's how the GU played out....
just like the USDCHF of 24 hrs earlier.
You picked that one well!
Dr. D.Ignored
Dislikedfourxtrader
could you explain me this correlation. woudn't it make sense if usdchf would move opposite to gbpusd?
at least usd is in one pair at first and in the other the second.
and I would except that gbp and chf behave similar...
thanks a lotIgnored
Dislikedfourxtrader
could you explain me this correlation. woudn't it make sense if usdchf would move opposite to gbpusd?
at least usd is in one pair at first and in the other the second.
and I would except that gbp and chf behave similar...
thanks a lotIgnored
DislikedYou have to remember, just because things are correlated (or negatively correlated) it is not 100%. Things can move together and then apart, or one can lead another. Trade the charts, not the correlations. Correlations are only helpful as a confirmation signal.
For instance
GBP/USD
USD/CHF
as your example. Lets assume the USD is gaining strength and the others are constant. U/C will rise while G/U will fall. Now lets assume GBP is losing strength and CHF is gaining strength while USD is constant. GBP will fall and CHF will fall.Ignored
DislikedHello My Bro,
I'm fine but this shitty pair is very painful.
I feel there are some cookings behind what we are see for that pair.
It's not correlated with any pair.
BTW, how are you? and hope you are doing well.Ignored
Dislikedfourxtrader
could you explain me this correlation. woudn't it make sense if usdchf would move opposite to gbpusd?
at least usd is in one pair at first and in the other the second.
and I would except that gbp and chf behave similar...
thanks a lotIgnored
DislikedHi uptrend,
I noticed that digger1 was commenting on some kind of 'delayed' correlation on inverse pairs. The compression charts I use make pattern correlations and recognition much easier to follow and compare though as he pointed out were lagging by about 30 hours. I'm not that detailed in correlations. Ctic gave a great explanation after on how weakness and strengths may throw off any correlation or pattern recognition and a reminder not to rely heavily on them.
Dr. D....Ignored
DislikedHi, Im new to trading and i was wondering if anyone is expecting the two announcments at 7:15 to have a major effect on the currency either way.
ThanksIgnored
QuoteDislikedNEW YORK (Dow Jones)--The dollar advanced against most of its rivals Wednesday after a dissent to the Federal Reserve's vote to leave interest rates near zero fueled speculation the U.S. might be moving closer to raising interest rates.
The euro plunged briefly below $1.40 for the first time since July 2009, while the yen dipped to an intraday low against the dollar after the Federal Open Market Committee's meeting, when Kansas City Fed President Thomas Hoenig voted against leaving short-term interest rates at ultra-low levels. Higher-yielding...
Dislikedfourxtrader
could you explain me this correlation. woudn't it make sense if usdchf would move opposite to gbpusd?
at least usd is in one pair at first and in the other the second.
and I would except that gbp and chf behave similar...
thanks a lotIgnored