Anybody here following the correlation graphs????

takechance

Tham gia từ Nov 11, 2012 253bài viết

Apr 30, 2013 at 07:05

Tham gia từ Nov 11, 2012 253bài viết

I am not sure if I am correct but I noticed the past correlation values on a daily chart changes everyday.....something similar to a repainting indicator.

Is it supposed to be like that?

antariks1@

thevalerka

Tham gia từ Jul 01, 2012 7bài viết

May 10, 2013 at 15:42

Tham gia từ Jul 01, 2012 7bài viết

The correlation between two currencies pairs is costantly updated. The time frame for example 1 day in the page you have linked means how the two PAIRS correlated in the last 24 hours from this very moment to back 24hours, not how they correlate each single day.

Valerio

BRAIaN :: Data management

takechance

Tham gia từ Nov 11, 2012 253bài viết

May 15, 2013 at 07:20

Tham gia từ Nov 11, 2012 253bài viết

thevalerka posted:
The correlation between two currencies pairs is costantly updated. The time frame for example 1 day in the page you have linked means how the two PAIRS correlated in the last 24 hours from this very moment to back 24hours, not how they correlate each single day.

Valerio

Thanks Valerio. That was really helpful. Cheers.

antariks1@

forexedge

Tham gia từ Oct 10, 2011 54bài viết

May 29, 2013 at 21:47

Tham gia từ Oct 10, 2011 54bài viết

EURUSD and GBPUSD are closely correlated and have examined them for a while now. But let me tell you, it is not worth it just like most of the strategies. You will make good money for some time and then the gravy train will stop with one bad week or month. I have seen how I created a strategy when you hedge against both pairs and then there is a time during news when they are not correlating anymore and will go the other way with lots of pip difference. Not worth my time as I rather build successful simple strategies with my trader.

EURUSD	1.12729	GBPUSD	1.32826	AUDUSD	0.63797
USDJPY	145.48	USDCAD	1.38445	USDCHF	0.83297

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