TradingView
Deep-Peat-Shark
30 mar 2020 05:38

UJ and CJ correlation Short

USD/JPYOANDA

Opis

Almost always 100% positive, so UJ going down => CJ also going down..

Simply seasonality..

Zlecenie aktywne

Komentarze
devduttc30
hi budyy great to learn from you , i am not can you tell how to make that graph in trading view is it Moving average , can you give me the settings.
thanks for great sharing , i appreciate you much
devduttc30
@devduttc30, sorry *new
Deep-Peat-Shark
@devduttc30, That line is simply another symbol added with the compare feature at the top of your chart. In this case the added symbol is CADJPY. Then I choose "No Scale" to let it hide the CADJPY scale and only print its value on top of the USDJPY scale.

The chart below is the Correlation Coefficient (CC) indicator. When added it will ask which symbol to draw the CC with the main chart (USDJPY). I entered CADJPY again here.
SharingProfit
Great outlook! Also I have UJ on the watchlist
Deep-Peat-Shark
@SharingProfit, @transparent-fx Thanks, we got a steady downtrend which is not going to reverse back up any time soon I reckon :)
SharingProfit
@Deep-Peat-Shark, hahaha im with you
transparent-fx
I will be following this overall view on usdjpy
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