Hi everyone, I just finished the lesson on currency correlations. At the end they suggest to create an Excel sheet with the pairs and calculate the coefficients to keep a track record. I was wondering if there wasn’t a…

Hello, I would like to ask a very important question: why would the USD go up (and sky high) as soon as a lot of important and NEGATIVE numbers are released in the economic calendar related to it? You certainly expect r…

Hey fellow millionaires. I need your advice on how I should deal with currency correlation it’s making me miss out on some profitable trade setup

Hello! Need help learning how fundamental announcements give market momentum. Does anyone know of any good or free or cheap education on world economics how to trade from news from banks and economic forums or monetary p…

I wonder if there is a correlation between being consistently profitable and the type of device used for analysis. This poll is anonymous poll

Hello you wanted that edge , this will give you that edge A lot of places tell correlation wrong this pdf is right It helped me out a many a times Now I have given one of my secrets please stop asking how I do my st…

While exploring the web, I found an informative article relating to currency correlation as well as how to trade currency crosses in a much better way. I am sharing this article for review of BP Community Currency Pai…

Probably a stupid question.. If GBPUSD and EURUSD are positively correlated, which direction would EURGBP move?

Hi, All along Ive heard people say that those two pairs have a strong reverse correlation, but when I look at Correlation Charts or online Correlation tools that I find the results usually suggest that there is little …

Hellooo! :smiley: On one of my posts, a few members recommended that I try trading AUDNZD to avoid the strong correlation between pairs. And today, I’m currently watching my charts for this pair and hoping that I get to …

Hi guys has good strategy made EA please have a look Every currency has directly or indirectly correlation between them which could be positive or negative depending upon currency which can be measured from -100% to 10…

Hello folks, in other to improve my trading performance, I decided to factor in currency correlations, which can help reduce risk in trading multiple pairs, but the big question is where do I get the daily price data? I’…

A veiled threat of intervention to start the week did little to reverse the USD/JPY trend, but the Trump comment at the start of US trading seemed to have more pull. Meanwhile EUR/JPY and GBP/JPY are both holding on to b…

EUR/USD’s fate is tied closely to Fed expectations, with correlations hitting rare highs. But with no fresh data on hand, traders may be flying blind until official releases resume. By : David Scutt, Market Analyst Fe…

Tariffs bite, budget cracks widen, Fed cut bets surge—pressure’s building and the technicals aren’t offering much relief. By :David Scutt, Market Analyst USD/JPY correlations with key macro drivers remain weak enterin…

ORACLE♕EURUSD_ENG.ex5 (40.5 KB) ORACLE♕GBPUSD_ENG.ex5 (40.9 KB) ORACLE♕USDCAD_ENG.ex5 (41.0 KB) ORACLE♕USDJPY_ENG.ex5 (41.6 KB) ORACLE♕USDCHF_ENG.ex5 (40.8 KB) ORACLE♕AUDUSD_ENG.ex5 (40.8 KB) ORACLE♕NZDUSD_XAU_ENG.…

hi yall I was wondering if theres any correlation between gold and bitcoin somehow. i see them moving apart sometime, Just a thought and answer would be nice

Do any of you watch correlation between pairs and if you do, does it change how or what you trade? I’m trading USD pairs and a lot of times the move the same. So it got me thinking maybe that’s not the way to trade.

Hello colleagues, I wanted to share my experience and ask for your thoughts. I would appreciate any insights you might have! Do you incorporate correlation into your trading strategy? I mainly trade GBP/USD using Price A…

There is a weak to moderate positive correlation between the oil price and the gold price from 20 months ago. see https://www.macrotrends.net/1334/gold-prices-vs-oil-prices-historical-correlation This means that when the…

The U.S. Dollar Index disconnecting from Bitcoin does not necessarily mean that the BTC price is about to experience a big rally, historic data suggests. I feel like BTC is taking too long to break resistance. Maybe i…

Im Reading through the Forex School lessons and came across this part of the article: „ A cross-currency is any [currency pair]in which neither currency is the U.S. dollar. These pairs exhibit erratic price behavior si…

Hello guys, I use H3 timeframe for my setups and M5 for entries. I consider myself as a swing trader and I trade around 30 currency pairs. However I’m still kind of confused about correlation. I use this webiste to chec…

One of the well known facts of the market are correlations between instruments. However that rule does not apply every time in every instrument. Here at Elliott Wave Forecast we call a first degree correlation when 2 ins…

There is a big difference between a methodology that underpins your analysis and having a simple trading strategy which just tells you when to get in and when to get out. If a trader just has the latter, then your journe…

When looking at the short term price action of a particular trading pair, say NZDJPY, do I have to consider the price action of all other pairs which include either NZD or JPY? If so, what is the best way to get a compr…

Correlation in forex trading is a controversial theory that every experienced trader talks about. Some traders argue that there is no correlation between currency pairs while some traders say there is. Which one is right…