*We booked a profit of 27 Pips. Even though the spread is from from closing we decided to take the profit and move back into cash. Of course if this spread narrows we will be leaving a lot on the table but we are happy with the gain from a low level risk trade. We will be initiating 1/2 our position in a correlation trade of USD/SGD to USD/JPY. The spread is...
I am a little bit confused here. I always thought that Bonds trade in different direction to indices. But as per the chart they seem to be going same way. Any inputs, anyone??
As you could remember during the last Greek crisis the Bund Yield fell even to negative territory, this was due the haven factor in the biggest economy in EZ Now that every body says that the situation is much better than in the 2012 the Yield (as you can see in brown, remember that the price of Bund is inverse to it's yield) is even lower. Why? The mail reason...
In the grand scheme of things it looks as though a shift is ready to take place. It has taken me some time to realize that shift but it is finally here. Take look at the GBPEUR to the left. Notice how its price moves are converse to that of WTI, EURUSD, and XLE. The yellow circles you see are areas where similar behavior is forming. In the GBPEUR the opposite...
In the grand scheme of things it looks as though a shift is ready to take place. It has taken me some time to realize that shift but it is finally here. Take look at the GBPEUR to the left. Notice how its price moves are converse to that of WTI, EURUSD, and XLE. The yellow circles you see are areas where similar behavior is forming. In the GBPEUR the opposite...
There are a lot of energy stocks, which have gapped down, on our list today. Many provide near-term sell opportunities but I felt the best of them was NBL. Looking at pivot highs and lows on the weekly chart, NBL seemed to have plenty of room to manoeuvre (about 800 points before the next major support). The daily gap down (on higher volume) broke below...
In this study, I'm looking at the performance of gold, in terms of percentage gains/loss compared to the performance of the US dollar, tracked by the dollar index (DXY). As gold moves inversely with the US dollar, I inversed the DXY to set a comparative benchmark, hence 1/DXY. Please see notes on chart.
Based On: Structure, Fibonacci levels, Channel, Stochastics, RSI, Momentum.. IF EUR/USD Reaches 1.3648. Economic Calendar events will effect this heavily, i am looking forward to a volatile day (TODAY:EUR Interest Rate, Decision, ECB Press Conference, US Nonfarm Payrolls, US Unemployment Rate, ISM Non-Manufacturing PMI ) If these events will be positive...
CADJPY pair is preempting to move of SPX500 as you will see on the daily graphic. The momentum and the move of CADJPY is bigger, but when CADJPY is UP, SPX500 is up and when CADJPY is down, SPX500 is down after a while... But of course bare in mind that CORRELATION DOESN'T IMPLY CAUSATION ;-)
Index Arbitrage Forecast: FTSE100 will outperform HSBC Supporting Strategies: Cointegration, Correlation and Technical Analysis Pattern : Elliott Wave 5 The trade should be opposite to the "gap". HSBC has performed better than FTSE100, in order to close the gap FTSE will now perform better in the next 131 days. Targets and notes on charts