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Centered Oscillators

BTC: Digital gold trades like goldThe correlation coefficient between gold futures and Bitcoin started out negative for a few years, but after Feb '14 they began to move together. BTC and gold have now been in a five year cycle where the correlation will jump to +72, then drop to a higher low, then up to +72 again, over and over. It seems reasonable that the correlation could soon become stronger than +72 at this rate. It adds validity to the "Bitcoin is digital gold" idea. They are both being traded in an increasingly similar way.
COMEX:GC1!
by The_Arena_Trader
EURNZD - 17-22 Jan Week trade Plan This is my 17-22 Jan 21 Week trade Plan for EURNZD . FX:EURNZD Previous Month : Bearish Previous Week : Bullish Daily : Bullish 4H : Bullish - With all HTFs (M, W, D) are trending down, Monthly pointing to 1.6670 - Weekly pointing to 1.6770 and Daily currently bouncing from a solid support zone 1.6850/20. - The COT report showing that 70% of institutional positions are Long NZD which is the highest since 3 years compared to 30% Short positions. This is translated on the chart with EURNZD sustaining it's bearish trend and we are seeing support levels broken every week. - Seasonality showing that EURNZD should be strong during the first 2 weeks of Jan which had happened during the last 2 weeks and the highest to reach this month and weakness should be the theme for the remining of Jan. - Through trading several Months EURNZD, I prefer to see retracements to any move in order to have a range to trade to target. So I recommend to Short after retracement or break and Resistance formation below broken Support and vise versa for Longs. - We have important news for NZD on Tuesday and Friday, Also China is having very important news on Monday and Wednesday.
by Amr_Sadek
An Accurate Vortex Predictor for Monthly DirectionTurns out that when you overlay the 13-Day Vortex Indicator over monthly SPX data, you get an incredibly accurate predictor of what the following month's overall direction will be after the month of a crossover. As you can see, every month where a blue-over-red cross occurs precedes a blue (green, bull) month. Vice versa applies to months following a red-over-blue cross on the 13-Day Vortex Indicator. I've only tested this out on SPX recent monthly data, but it seems to be somewhat uncanny so far. Curious to see if this holds using other assets and timeframes. Whatever, it works. - Cycpiglical Indicator SPCFD:SPX
SP:SPX
by UnknownUnicorn5511258
30
Sell checks offI see a clear sell in play based off support and resistance. We can see clear rejections at 1.37000 followed by huge drops to supports as low as 1.34500 at this level. To keep it safe I placed TPs at the next two key supports for retests. Macd and Signal made a clear cross and heading for 0 line while RSI is looking to break support. DXY is currently in fuel mode as we saw a second support retest at 90.00 followed by a pivot. Please comment with thoughts and ideas. Thank you.
Short
by Pika7993
6
RSI/SMA/Pitch Fork Support and Res. BTC BREAKING BEAR TREND.Historically a shift to a bear cycle in BTC is marked by a 50% drop within a 2 week period. If you actually look at this latest correction it really only measures about -27%. Thus I feel it does not warrant any closing of short term positions. I actually find this drop to be comparable to the April 2017, prior to the REAL FOMO coming in. The chart shown here is BTC, derived from the Coinbase exchange. The beginning of the channel shown(also where the pitchfork begins) is where a parabolic shift up began(Representing an explosion of growth), this can be confirmed by an uptick in volume, as visualized by the volume SMA. The purple SMA is 100 length, which historically is also broken when a bear cycle begins. The blue SMA is 16 length. It is KEY that the 16 length SMA is broken for the Bull trend to continue. The RSI is often said to be obsolete, clearly this isn't the case on 4hr charts. This makes sense since many day traders and swing traders use the RSI oscillator, but on the intra-day charts primarily. Please like and share!!
BITSTAMP:BTCUSDLong
by RichardNorthrup
Spot on price actionThese arrow levels were set to my previous XAUUSD idea that was spot on and can be seen in the attached idea. As we can see there was a pivot around 1824.800 (which can be seen as a pivot point in attached idea). I expect a retest of 1900. The trend in my previous idea followed the green arrows and pivoted as I mapped at top resistance to drop to this support. Based off my accuracy here I sentiment towards strong price action in play. Technicals are set for upwards momentum with macd and signal heading towards 0 line and RSI heading further out of oversold zone. NOTE: Arrows are set to my previous idea that is attached Please comment with thoughts and ideas and make sure you view the previous idea attached. Thank you.
OANDA:XAUUSDLong
by Pika7993
1
Bitcoin Cycle: Why you should NOT worry about today's Pullback Hello Traders! Don't forget to support with a like and a follow. Bitcoin recently had a steep correction from $42k to $33k with heavy volume. But no need to panic, bulls. The trend is still intact. After shorting Bitcoin with tasty profits, here is why Bitcoin will recover. Bitcoin has tested strong 2 Supports today: The bullish trendline, and an "old resistance, new support" level at $34.5k. The bears haven't successfully broken it down completely. We can also look at history: You see, on January 4, there was a steep pullback to 28k, then the uptrend continued. The exact same thing is happening now, except that it is at a different price. Interesting. It is like some sort of new cycle that may happen for the 3rd time. I will expound on this more in the future. The Bitcoin trendline(marked by the yellow arrow) is very strong, because of the steep pullbacks that the trendline managed to hold. We can expect the 41k resistance to be broken in the next 40 hours. I won't sugarcoat things though: The 50-period Moving Average just got broken: but nevertheless... in the last pullback, the MA broke, but the bulls still resisted. Thank you for reading this analysis! Don't forget to like and support.
BITSTAMP:BTCUSD
by Trader_ph
1