And now from downside. Nice for shorts .

$ Millionaire Traders Golden Price Mining

USDCHF Level just below very round number fib 61.8 High 2015 / Low 2016 + stucture + Ratio 1:1 on the leg as confluence factors ( the 2 red trendlines showing the ratio ) . If reached within the closest trading days we are in overbought area.

$ Millionaire Traders Golden Price Mining

Thank you I also post the daily chart to show correlation between USD Index and oil. ( I do not have USD Index and USD/RUB with same broker so I can unfortunately not make that chart.

USD/RUB

I add a 1 Hour chart too from just now.

USD/RUB

It will be interesting days. USD bulls are in control. I attach the chart with USD/RUB and Crude oil overlay. As we see. The last two days correlation came back. As you see over time it pretty much looks like an mirror

USD/RUB

Very nice one . Q, I saw that you was writing someplace here to add fib extensions to as confluence factor. Think it was 168.2 and 200 . Could not find the message again. Here is one level for gbpusd that is fib extension 168.2 on 4H in ...

$ Millionaire Traders Golden Price Mining

Yes MA 200 is Golden together with confluence . I actually added 200 SMA too now. The EA file is an EX4 file. It is developed by fxbluelabs and is named alarm manager . Looks like they only sell it to brokerages and not individuals.

$ Millionaire Traders Golden Price Mining

If it was only USDRUB correlation was broken with I would be worried. But it is against almost all instruments I can find historic correlation with Oil that correlation is turned almost upside down the last days. And as you was writing in first ...

USD/RUB

It can explain some of it. But correlation is also broken the last week for USDCAD and USDNOK against oil . They are not that strongly correlated to oil normally as USDRUB but correlation is broken the last days for them too. I can trade USDRUB from ...

USD/RUB

Over the last 300 days the correlation is 95 on the correlation index. For the last 4 days the correlation has fallen to 38 . So it goes out of sync from time to time . Think the correlation will be back within some days.

USD/RUB

If you allow me in I am taking the long: -> LMT BUY 1.129x -> TP1 => 1.135x | TP1 => 1.149x | STP => 1.123x | max r:r -=> 4:1

The Really Useless Thread

XAUUSD ( Gold ) Fib 61.8 + MA200 + Structure. Will if it comes to level today be a little bit oversold. FOMC and oil inventories so today will be interesting day.

$ Millionaire Traders Golden Price Mining

USDNOK - USD Index USDNOK meet some nice structure at oversold level. USDIndex is at overbought level fib 123.2 extension+ Previous highs and ratio. Will try to get an runner if level at USDNOK hold.

$ Millionaire Traders Golden Price Mining

Crude Oil Some structure in confluence with Fib 61.8 from high 2015 low 2016 at overbought level. Actually the structure is a little bit above . But it was overshooting the fib 38,2 and 50 fib level a little bit before retracement. Also we have ...

$ Millionaire Traders Golden Price Mining

I agree what you write. Also keep in mind what we can expect from Saudi Arabia. If/when they come with an IPO they will be interested in as high Oil price as possible. So it will not surprise me if they use the tools they have to make that happen.

USD/RUB

By measuring with ratio ( Each leg same size. ) The red lines on my chart I get target 50.95 . So 50.80 is a very nice target. Each fib level ( 38.2 and 50 ) has been overshootig a little. So I hope the ratio stay the same for this third ...

USD/RUB

Fib level 61.8 at 49.5 for Crude oil high 2015 / low 2016. Oil is moving against the USD and is overbougth I think we will see qte strong retracement from around this levels, 50 is very round number too. Will not be surprised if we get an overshoot ...

USD/RUB

Until you read post 1 and post according the rules for the thread I will put you on the ignore list.

PVSRA (Price, Volume, S&R Analysis)

USD Index Are at critical level. Waterfall ? . Fib are from leg high March / Low May. Heavy structure that must be broken for further bullish move for USD/X

$ Millionaire Traders Golden Price Mining