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LinkBack (51) | Thread Tools | Display Modes |
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XAU/USD (gold) correlation
Attached is a chart that looks at the XAU/USD in correlation with correlated currency pairs.
1. GBP/USD 2. EUR/USD 3. AUD/USD 4. XAU/USD Using these charts on a demo account before trading. This is a way to know which pairs are strong for a BUY and which pairs are weak for a SELL. The XAU/USD chart is very important to know the strength of gold in relation with related currency pairs (GBP/USD, EUR/USD, AUD/USD). This gives you more confidence trading with your zup charts. Hope my posts have expounded the use of the heatmaps in your individual trading. |
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zup 78 updated 4.14.08
1. Had replaced Stochastics with QQE
2. Notice on a 5M Timeframe, on the Indicator Window, on an UPtrend, it stays above the 50 level of the QQE and above the QTA 3. On a DOWNtrend, it stays below the 50 level of the QQE and below the QTA 4. Sell when the QTA peaks, when above the 50 level, arches down from 80 - 70 level of the QQE 5. Buy when the QTA bottoms, when below the 50 level, arches up the 20 -30 level of the QQE 6. Use the 50 level as your point of take profit for 1 trade and the 2nd trade on a close watch 7. The QQE has cleaner movements than the ZeroLagStocGreen 8. Please do on demo until you understand why QQE was used and complimented ZUP 78 and QTA movements Good Luck and hope this further your understanding of ZUP and QTA. |
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Thanks mlen77,
I updated first post of this thread Harmonic Trading and made this first post as pdf file (attached). |
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| ZUP_v80, trading, zup_v81, "zup_v81", ZUP_V76, harmonic zigzag, zigzag fibo |
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