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Currency Correlations


Currency Correlations

What is a Forex Correlation?
A correlation is a measure of how much one currency moves with another. Correlations will run between -100 and +100, the former meaning they move in opposite directions to one another, and the latter meaning they move in the same direction.
The number between -100 and +100 shows the strength of the relationship. -100 shows two different pairs always moved inversely to each other over the period being
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Pasca avatar
Pasca 30 Jan.

Buna treaba

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Ichimoku signals

GBP/AUD
22/01/2014 9:46 EEST
We have a few posibility to exit :
1.Tenkan-Sen cross Kijun-Sen
2.Chikou Span cross the price
3.Candlestick pattern
Now :
10:12 EEST
I moved Stop Loss from Senkou Span A to high of this Doji.

Here I moved Stop Loss again,to Bearish Harami Candelstick,and after that I stoped because I will be outside of my city and my strategy is manualy.

Good Luck!
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Ichimoku Analysis

GBP/JPY 01/07/2014
Usualy I will post on4H chart.
Green candle above the Clouds, strong bull signal;Red candle under the Clouds, strong bearish signal:White candle,neutral signals;Green candle,Red candle,White candle ,inside the Clouds,neutralsignals.
Now is neutral signal;if the market is change,I will be back.
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CURRENCY CORRELATIONS

CURRENCY CORRELATIONS
CURRENCY CORRELATIONS FOR 01/06/2014
If you find trend for one, you have in fact 3 pair trend:
positive correlations (same direction);

USD/JPY VERSUS GBP/JPY = 0.9740
EUR/JPY VERSUS USD/JPY = 0.9842
GBP/JPY VERSUS EUR/JPY =0.9846

Look in picture below :
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