JPYX VS DXY: the market movers

In the world of finance, currency indexes are used to track the performance of a group of currencies against a base currency. These indexes can be useful in providing insight into the overall health of a country’s economy and the strength of its currency. In the world of cryptocurrencies, Bitcoin is often considered the base…

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Correlation: The last skill you’ll ever need

Correlation in trading strategies refers to the measurement of the relationship between two datasets or variables. It is an important factor for traders as it helps in understanding and managing risk. Correlation in trading strategies determines how different positions or strategies move in relation to each other. Ideally, traders aim for strategies that produce independent…

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NLP: the end to psychology problems for all traders

The old trading saying goes that trading is 80% psychology and 20% mechanics. Therefore, it matters far more what state of mental being we are in than actually the ability of the trader to do technical analysis. How many times have you missed a trade that you can very well explain, exactly what went on,…

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Dow Theory: where all roads begin and end

Dow theory is a popular method of technical analysis used to understand and predict trends in the stock market. The theory was developed by Charles Dow, the founder of the Dow Jones Industrial Average, and his partner Edward Jones in the late 19th century. The theory is based on the idea that the stock market…

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