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Relative correlated moves

  • #1
  • First Post: Apr 2, 2009 8:03pm Apr 2, 2009 8:03pm
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  • #2
  • Apr 2, 2009 8:06pm Apr 2, 2009 8:06pm
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Click to Enlarge Name: bounce system 12.png Size: 33 KB


I will be looking for big impulse moves for around 200 pips and relate it to the other pairs.

As an example from the image in the last 3 hours gbpjpy moved 200 pips and if in the last 3 hours gbpusd moved only 20 pips i will be looking to go long on gbpusd.
  • #3
  • Apr 3, 2009 2:02am Apr 3, 2009 2:02am
Attached Image (click to enlarge)
Click to Enlarge Name: cor gbpjpy.png Size: 27 KB


Attached Image (click to enlarge)
Click to Enlarge Name: cor eurchf.png Size: 22 KB


After the London session news Gbpjpy moved almost 200 pips and other pairs from the correlation moved too.
I think that if Gbpjpy moves another 100 pips Eurchf will break above that fib level and hopfully will hit that WR1.
  • #4
  • Apr 3, 2009 2:21am Apr 3, 2009 2:21am
Quoting constin
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After the London session news Gbpjpy moved almost 200 pips and other pairs from the correlation moved too.
I think that if Gbpjpy moves another 100 pips Eurchf will break above that fib level and hopfully will hit that WR1.


That move on GJ is not a valid brkout. We are still in the "asian box".
I think it will be better to wait for this brkout befor taking position on EC.

http://img510.imageshack.us/img510/5272/ded.gif
  • #5
  • Apr 3, 2009 2:29am Apr 3, 2009 2:29am
Great,
Thanks for posting Zeuzera.

Constin,
  • #6
  • Apr 3, 2009 2:42am Apr 3, 2009 2:42am
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Click to Enlarge Name: cor gbpjpy 1.png Size: 33 KB


The impulse wasnt strong enough. It found support at the round number and bounced back.
  • #7
  • Apr 3, 2009 3:01am Apr 3, 2009 3:01am
Quoting constin
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The impulse wasnt strong enough. It found support at the round number and bounced back.

Yes.
From my experience with different brkouts, friday is not the best day for "brkout trades".
Half of the world is allready in the weekend and the other half is preparring for it .
  • #8
  • Edited Apr 4, 2009 1:09am Apr 3, 2009 8:09am | Edited Apr 4, 2009 1:09am
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Click to Enlarge Name: cor eurgbp extreme.png Size: 30 KB


Attached Image (click to enlarge)
Click to Enlarge Name: cor eurchf extreme.png Size: 27 KB


Attached Image (click to enlarge)
Click to Enlarge Name: cor extreme results.png Size: 13 KB


I traded the pairs that went to most opposite to the correlation.

This trades were taken after the hectic NY open on Friday.
  • #9
  • Edited 7:31am Apr 4, 2009 4:04am | Edited 7:31am
Attached Image (click to enlarge)
Click to Enlarge Name: cor eurjpy.png Size: 32 KB


Attached Image (click to enlarge)
Click to Enlarge Name: cor eurusd.png Size: 28 KB


Attached Image (click to enlarge)
Click to Enlarge Name: cor eurgbp.png Size: 31 KB


If correlation moves more i am expecting eurgbp to hit the round number
Also we've got a nice down trend.

I also changed my round numbers grid to 50 since eurgbp is not as volatile as other pairs.
  • #10
  • Edited 8:36am Apr 4, 2009 7:00am | Edited 8:36am
Quoting constin
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If correlation moves more i am expecting eurgbp to hit the round number

I also changed my round numbers grid to 50 since eurgbp is not as volatile as other pairs.
I've also noticed to sell eurgbp and buy gbpchf on the ma indicator but i wont trade by the indicator. the indicator is just a reference to the correlation.
The best is to compare the charts.
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Click to Enlarge Name: cor oportunity.png Size: 38 KB
  • #11
  • Apr 6, 2009 5:26am Apr 6, 2009 5:26am
Quoting constin
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If correlation moves more i am expecting eurgbp to hit the round number
Also we've got a nice down trend.

I also changed my round numbers grid to 50 since eurgbp is not as volatile as other pairs.
Eurgbp target hit.

Attached Image (click to enlarge)
Click to Enlarge Name: cor eurgbp1.png Size: 24 KB
  • #12
  • Apr 6, 2009 4:42pm Apr 6, 2009 4:42pm
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Click to Enlarge Name: cor usdchf.png Size: 27 KB


I've got usdchf earlier.
  • #13
  • Edited 5:45am Apr 8, 2009 5:32am | Edited 5:45am
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Click to Enlarge Name: corr usdchf.png Size: 30 KB
  • #14
  • Apr 8, 2009 11:36pm Apr 8, 2009 11:36pm
There is been a nice opportunity entry on gbpjpy

Attached Image (click to enlarge)
Click to Enlarge Name: cor gbpjpy.png Size: 31 KB
  • #15
  • Apr 8, 2009 11:40pm Apr 8, 2009 11:40pm
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Click to Enlarge Name: cor eurchf.png Size: 24 KB


Possible opportunity for eurchf if correlation moves more
  • #16
  • Last Post: Apr 9, 2009 8:54am Apr 9, 2009 8:54am
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Click to Enlarge Name: cor usdcad.png Size: 30 KB


Nice moves.
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