Tag Archives: correlation

Unknown Knowns – Shares, AUD and Oil

“Unknown knowns” are a┬átrap for traders – the assumptions we make without realising. Lately, there’s a lot of commentary suggesting higher oil prices and a higher Australian dollar are dragging the sharemarket down. These ideas are intuitively appealing – it … Continue reading

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Posted in Commodity, Forex, Market, Shares, Stocks, Trading | Tagged , , , , , , , | 8 Comments

Silver 5 wave shows off the gold and silver correlation

Over the last couple of days I have talked about the hourly gold price and looked at a 5 wave Fibonacci cluster that appeared and was respected by the price during the Friday evening session. When you start to look … Continue reading

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Posted in Commodity, Forex, Gold, Trading | Tagged , , , , | Leave a comment