GOLD USD/JPY: inverse correlation
Thank you for your attention, and please share your views and comments. Any idea is a contribution for a better understanding of The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Tradingforliving
GOLD: is USD/JPY anticipating a gold's move?Hi Guys,
if an inverse correlation between Gold and USD/JPY exists, how does it work?
Thank you for your attention, and please share your views and comments. Any idea is a contribution for a better understanding of The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD makes a move, USD/JPY goes the other wayHi Guys,
trading is incredible because you learn something new every day and never stop learning.
I am learning how to benefit from the inverted correlations between gold and usd/yen.
If you have any ideas, reccomandations, comments or thoughts on how to trade these inverse correlations please leave a comment.
Thank you.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: it may looks inviting but...Hi Guys,
this is not to be triggered yet. It's just an idea that need to be perfectioned and may never materialize.
I think that if the pair EUR/USD keeps falling towards 1.1400, Gold may follow with a similar move as well.
Please note that I am not a professional trader and these are my personal ideas only.
Thank you for following and for sharing your ideas.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: into FOMC minutes. Be careful!Hi Guys,
considering that many of us is extremely bullish following last Friday move I would be very carfeull in entering the market before the release of FOMC minutes.
Thank you for your attention, and please share your views and comments. Any idea is a contribution for a better understanding of The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: two tops in price diverge with two tops in RSIHi Guys,
Gold exited the bearish trend and is positioning itself approximately at the level where it was on the 1st of August when FED accompanying statements became more and more hawkish (see my previous post).
The divegence made today beteen price and RSI may indicate that momentum is pausing and price action may be contained within the green rectangle before the release of the FOMC minutes.
Thank you for your attention, and please share your views and comments. Any idea is a contribution for a better understanding of The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: wasn't the FED bullish on US Economy?Hi Guys,
at its meeting of the 1st of August (X) the FED did not increase interest rates but its accompanying statements in the following 16 days became more and more hawkish and value dropped to 1160 (A). Price bounced and, following the release of the FED Minutes, it formed a ZigZag to test resistence (B).
What happened next is a combined horizontal pattern which ended with the FED Meeting of the 26th of September which raised its key interest rate for the third time in 2018 and signaled one more hike in 2018, most likely in December stating that the "accomodative" era is over (C).
And from C the precious metal has been rising up to X again.
Hope you like.
Thank you for your attention, and please share your views and comments. Any idea is a contribution for a better understanding of The Matrix.
Good Night!
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Gold: end of corrective move?Hi Guys,
after all the following we did we are now close to what AhmedSar presented in his post as the end of wave 4 at 1197.
Will it fall short or will it go behond that level?
Important to note that in his scenario the end of wave 4 do not breakout the upper line of the downward channel.
What happen if it does breakout?
Well...I have no idea yet...we crossed the 1200 on Monday with a strong move and we are now crossing it again?
Uhmmm...I don't know...but please remember that tomorrow CPI datas, next week the FMOC minute and 6th Nov US Mid Term Election.
Thank you for your attention, and please share your views and comments. Any idea is a contribution for a better understanding of The Matrix.
Good Night!
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: wave 4th structureHi Guys,
my previous post tries to follow the formation of a combined corrective pattern. This pattern coincide with letter D of a Bat Pattern outlined by AhmedSar on the 8th of October and many of you are noticing.
Since the end of wave 3 the precious metal formed a Flat, a ZigZag and a Horizintal Ascending Triangle which made A, B and C. How long will it take before it completes? Wave count seems correct even if the initial target of 1197 has not been reaced yet and it may never will. For the rule of alternation if wave 2 is sideway, wave 4 is sharp. But how wave 2 unfolded? Sharp or Sideway? If 2 was sharp then 4th is already sideway.
Today there are PPI datas and tomorrow CPI.
Thank you for sharing your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Gold: What will happen when this correction ends?Hi Guys,
following my previous post, the precious metal is continuing its correction within what looks like a potential 4th wave correcting the big 3rd made yesterday.
Gold seems to have completed W and X, therefore Y may form a combined structure before completing the corrective pattern.
For more information please visit this link on corrective waves.
www.elliottwave.net
A lot of us are posting ideas similar to the one posted by AhmedSar. Bat Patterns bouncing at D to target the bottom of 4th wave with target at approximately 1197. At the moment price is correcting but I am not sure yet if such a target is achievable. I will keep following the moves and try to keep you updated.
Thank you for sharing your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: just a flat correctionHallo Tradingviewers,
This is not an idea but the analysis of an idea posted by AhmedSar who discovered an interesting formation on the 4 hour chart.
My chart is 15 minute and try to show what price is doing at letter D of the Baby Bat formation illustrated by AhmedSar.
Please also have a look at the 5 minute chart below to better appreciate the pattern formation.
Have a good night everybody!
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/USD: similar patterns?Hallo Tradingviewers,
the moves highlighted in yellow may not be the same but to me they look similar.
However, when A was made RSI was overbought. When B was made RSI did not cross into oversold area.
Still the patterns made both diverging tops with RSI.
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Thank you for following, have a nice day.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/USD: some correlations with GOLDHallo People of Tradingview,
last Thursday I posted an idea in which I thought that GOLD was maybe forming a rising wedge. A similar pattern was forming too in EUR/USD.
1) ABC were formed at the same time;
2) when the pair broke-out the resistence, the precious metal did not and kept on going within the bounderies of the rising wedge;
3) When EUR/USD tested the broken resistence, GOLD broke-out the rising wedge to make a Bull's Trap.
To see this please click & play my previous post
Now, if GOLD found support at the level of C, is it reasonable to expect EUR/USD to target C? Or is it better to be cautious and watch for B to support in conjunction with the lower trendline of the upper channel formed by X and D?
I don't know but the move is suspicious and I think it's late to develop this idea further. Tomorrow I will try to undestand the volatility that drives both.
REMEMBER: FED Meeting next Wednesday.
Have a good night everybody!
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: is Platinum anticipating Gold's move?Hallo again,
following my previous post please find below the daily chart of Platinum that may anticipate a move in Gold.
Remember that on the 25-26 September there is the FED meeting.
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: rising wedge?Hallo People,
above is a potential scenario for gold.
Below some similarities with EUR/USD.
Here the link of an interesting article that talks about GOLD similarities with EUR/USD. www.investing.com
Have a good night everybody!
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: EUR/USD anticipating another breakoutGood morning People,
Below please find atteched the EUR/USD 15 min chart to show how the signal for the breakout was generated.
Hope you like it!
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: EUR/USD signalling a breakoutHallo Tradingviewers,
Below please find atteched the EUR/USD 1H chart to show how the signal for the breakout was generated.
Hope you like it!
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD: some ideasHallo People of Tradingview,
good morning!
It's only Monday therefore please don't rush in and be patient.
I hope you all had a nice week end.
Here I am happy to share with you my picture of GOLD. I will try to publish updates on intraday moves in preparation to the next meeting of the FED expected on the 25-26 September. I am trying to keep it simple.
I am not sure if A and C are re-tests of broken support following the meeting of the FED back in August. The descending 200 SMA is proving to be a dinamic resistence but the move X to A may also be the 1st of a five wave impulse following the 1160 low. Considering the rate hike expectations I would expect further pushes towards lower lows but I am not entering the market based on my expectations. I prefer to wait and look for further clues to be unfolded.
The period of accumulation formed by ABC may be a 2nd wave bottoming on the 0.618 fibonacci. Depending on where D will form and subsequent move we will have more clues to be ready to the FED meeting.
Please share your views and comments. Any idea is a contribution for better understanding The Matrix.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.