EUR chf sell entry 0.95482
Tp 0.94957
Sl 0.95852
EUR chf sell entry 0.95482
Tp 0.94957
Sl 0.95852
GBP Aud buy entry 1.92614
Tp 1.93877
Sl 1.92036
Good place to sell gold here at the top
I like it thanks
EUR chf sell is a winner it seems get rid of gbp Aud
Gold sell working well
EUR chf buy entry 0.95902
Thanks
GBP chf buy entry 1.11142
Usd jpy buy entry price 147.620
USD jpy and gb chf are going up this means gold is a sell
Gbp chf tp 1.11836 sl 1.10782
EUR chf tp 0.96298 sl 0.95387
Usd jpy tp 148.121 sl 147.476
can you explain this calculation?
.
Yes both gbp chf and usd jpy are negative correlation to gold
there are several ways to calculate the correlation between two tradable instruments, but the most commonly used method is pearson’s correlation coefficient. This method measures the linear relationship between the returns of the two instruments over a specific time period.
Other methods include spearman’s rank correlation coefficient, which calculates the strength and direction, and kindall’s tau, which also measures the strength of association between two variables.
i could chat all day about correlations.
which method did you use to calculate your correlations?
I go on the daily time frame correlation
Usd jpy flying
Looks like I’m on a winner today
the most recent trades that you placed are all going into the negative.
(usdjpy buy, gbpchf buy, eurchf buy, xauusd sell)
I’m in profit now