Correlation

Correlation trading indicator is designed by Futures Magazine data science team to enhance directional trades, regime decision, diversification and position sizing.
Correlation seems almost like a magical word. In fact, most people don’t have to use this term more often than a couple of times a year.
Many times in the past, the situation in the U.S. dollar and the euro gave us important clues about future precious metals’ moves. Therefore, today we’ll examine the U.S. Dollar Index and the Euro Index to see if there’s anything on the horizon that could drive the precious metal market higher or lower in the near future.
Traders don’t have to identify complex patterns to be successful. Simple reliable relationships are all you need if you have the patience and discipline to exploit them.
The rally in stocks seems to have triggered a decline in the precious metals sector and the following stocks’ moves could further contribute to metals’ performance. Will the stock indices keep rallying?
Central banks tend to sell gold when it's cheap, and buy or hold when it's not. "This," as Blackrock's Terence Keeley rightly noted to the LBMA conference, "is no way to diversify your portfolio."
Central bank interventions in the economy are nothing new.The consequences of them, however, are a man-made economy that behaves and looks rather weird, a Frankenstein economy if you will.
Central bank interventions in the economy are nothing new.The consequences of them, however, are a man-made economy that behaves and looks rather weird, a Frankenstein economy if you will.
When conventional investments perform poorly, it facilitates growing interest in alternatives like gold. This is why the two markets are often negatively correlated. History shows that declines in gold often end when the stock market peaks.
In our first segment regarding the subject of market correlation, we provided readers with a broad brush view of market correlation and how they could potentially profit from this. But the question that has arisen is what do you do if the market isn’t so clear cut?