📚 Price Action: How to trade cross currency pair correlation, cross currency correlation calculation


Risk Warning: Your invested capital may be at risk.
This video is not an investment advice.
Hi traders, here’s a new video. First of all the risk warning your invested capital might be a twist
Don’t wait with money who cannot afford to lose and this video is not investment advice
So this video is a NASA deep explanation video of those kind of concepts
Which I have explained in my ebooks Genesis ebooks a surprise section guide enterprise section, Bieber Bible
Because those kind of evokes contains the most important critic but our chart pattern Binary Option trading
concepts market condition to identification of rejection clinic mass and a lot of more concepts which can be applied to any kind of broker any
kind of financial instrument and any kind of
Timeframe so against is ebooks
Yes
the price action guide or the price action Bible and study those things because all my trades
And everything what I’m doing till one year is based on those things
Which I have explained in my ebook those two ebooks are the Holy Grail in my opinion. So, okay
Well, if you are struggling still after you obtain the ebooks, yes, and you are still not
becoming a successful and profitable trader then I click only a
recommend to anybody of you to get into my bot mentorship program and that is the reason why I’m doing this video now because
part of that I want to do again a deep explanation video because one of my students asked me something but the thing is
More purchase blow important is that today? I get released. Yes, so I have to release some of my students
Yes, because they have reached ago. They have got successful profitable
Traders. Yes, and I’m so proud of them. They got it. I will may be published and later on the Facebook group
If sale always is yes, and I want to name two of them
What’s the name of say I will talk about two of them? Yes, because
There are two different
Stories behind them. Yes, and I want to tell you the stories because to make you clear
What’s the sponsorship program is a lot? So was the one student? Yes. I’m really proud. I like them a lot
I have a bite of a relationship with him
We are
yes after one month of
Education one month of talking and one months of doing videos puzzles for my students
Yes, and I have provided more than 500 videos in the last month. You have to imagine how my name because it up. Yes
I’m doing almost 30 videos a day
really deep explanation videos educational video series, which I’m publishing in the pod mentorship
Facebook group
Yes
and
those
Videos are time consuming and that is also the reason why I was not able to do any kind of video for the YouTube channel
Important is that those students yet?
And you know, I’m somebody who dedicates all he has into one priority
Yes
and so I dedicated all my time for my students and that was a reason why I was not doing
the last month any kind of video for the YouTube channel and
because I was dedicating all my time my students and I have to
announce that
The first wave of my students or the second wave of my students which was successful profitable are released today
I will talk to them later. They maybe don’t know this
Yes
but say it can imagine the sell their own because they brought some results and
I’m really proud of them and there are two different type of students
Yes
the extreme levels extremes of students have because there are also a lot of average students but that too we’re really
Particularly because there was one student who was causes consistently good
From the beginning he told me it’s all
Based on the work of the e-book and all of the videos which I have done
That is the reason why he is a good trader and he has done this
So as he was from the first week, you know, the book mentorship program is a four-week a pro training approach
He has a bulletproof trading approach and from the first week to the last week. He brought me
consistently
Consistently results. Yes, his traits were all the time. Good really good. Yes
I was really proud to have him as a student. I’m really happy to have him as a student because
There was not too much to do listen
I have done that what I want I was blamed and that brought him to the next level that he became now
successful profitable trainer
He got email emotionally – I got emotional – because at the end it makes me really happy to help people
That is what I was or others. What I’m doing is all about it
And that was what was was I have started. That was what I want try to do
People predicting for schemas people to teach them to become financial freedom and people and people guide
How they can make their living from training. Yes
My
Part income of success. That was what I was doing. I want to try to help people
So he was he started my ebook really really aggressively. Yes. He
started it really hard and
He watched all my videos. Yes, and he was consistently go test. I don’t need to teach him a lot
yes, because at the end he knew a lot of those things which I have explained as there was some particular stuff which I
Give him some more information and some more knowledge
But he was already a good straight up from the beginning tools and asked me consistently good. I’m
Proud of him and really happy for him. Yes, but it’s not the same like my second students another extreme. He came
yes, and
and I was shocked because his first praise yes of the first week where
Really the worst what I ever seen. Yes
He would paint not even one in the money. Yes. He were here
he started and he is the first week where old aunt of some unease and I
didn’t believe less and that is craziness and
Because I’m really optimistic and really perceptively but I didn’t you said I would have I would be able
to break him a
Successful profitable trader that he would make money I wouldn’t believe this and and he proved me wrong
Yes, he proved me wrong and to see and to hear also how I get
Emotionally resist yes because he proved me that I was wrong
Yes
I give I gave he motivated me much more because look the first student there was not so much motivation
To hand him because he was already good but this one was really a zero. He was a zero
Yes
you know when I mark the winning trait and the losing trades
I’m to zero for the losing trade and I won for a winning trade cast like a binary. Yes
We were one and the first week
We’re only zeros and as a spot mentorship who were meant him from the zero to hero
Yes, and that makes me so proud and not only proud of him. Yes. Also proud of me
Yes, because I got it that I made it that I got him from zero to hero
Obviously only with his own head. Yes, because I am NOT a magician. I cannot do miracles
Yes, but he got it from zero to hero and that is a Z to Caesar to extremist
yes of the students what I have passed and all way they obviously a lot of
students in between
Which I had in between yes
Which are average?
Yes, but those one are the most particularly once in this once months
Where where I got Suzanne? Yes, and today I have to release it
it’s a little bit set for me, but on the other way, I’m really happy that they got say away that I
could I have my I have done this that the Bott mentorship program was able to make them successful profitable and to
Show them the way how to trade and that is also for you the opportunity now to get your feet into the go on
Yes, because I can only say I will not be
All the times a mentor. Yes, I am telling you this
I don’t know if those one who got through the what mentorship programs
Today and which I have to release if they want to become mentors. I don’t know this
I will ask them say I will ask them also if they want or if I can
name their name
on the YouTube or YouTube and on the YouTube channel on the Facebook group and
I have to ask them because it’s a privacy thing
So you can hear their experiences
and
And get some feedback from them
Yes, because no, you know the one who was already good and become good really good
Yes, and that one who became from zero to a hero
Yes and zoster and that is what I’m telling you and sexist why I’m telling you this I cannot force anybody. Love you, too
Tuerto has a lack
Yes
but I can tell you it’s the same same like when I started one year ago and
I have promote promoted my ebook. It was for free. Nobody cared about this. Yes. Nobody wanted
Yes
and
now the people are complaining why they have to pay for it and that will happen also to the what mentorship program use the
Opportunity which I’m giving you that is only saying what I can say to you
Yes, because this opportunity will end. Mmm Sam sorry someday
I’m not doing this anymore because I have other projects
I claim to dedicate my time all the time through this part mentorship program I have this is at the moment my priority I’m
Giving giving all to this. I try to make a mask as much as students profitable successful profitable
I meet my what matters Mentos yes, so I’m doing this as long as I need portmanteaus
Yes, I have my bot Mentors
I will stop this and so I can only recommend to everybody of you to get your feet into the application process the
Application process is for free
Nobody forced you to do anything you get an overview of that what you need to know to become a successful
Profitable trader what you need to become a member of the bot mentorship program
to get access to the educational videos, which I’m publishing on the bat mentorship program group and
So try to get your feet into the store because when the door is closed the door will be closed
Yes, and that is what I can tell you. That is the same what happens with ebook?
Yes
and so I would say if you have
and if you want to apply for the bot mentorship program send me an e-mail to the bow to the trader at gmail.com and
object with the subject what mentorship program and start the application process and get involved and
See what you need to know
Yes, and if you want and then when you are into the application process you have already the full feet in the door
Yes in the door will not be closed for you
If you want to join the bot mentorship program at any time, so that is this one. Yes
I want to tell you the story because it was what I have experienced
Well in this last month with my bottle mentorship program
I am really proud that I have done this book mentorship program because it makes me so happy I am so thankful for this
Yes, I’m so thankful for my students which are carrying with me on that
They are giving all yes to become good trainers profitable successful profitable trainer
Yes some Armstrong anymore some astragalus, but I can tell you only one thing
I will not let one student go out of the program
Is not successful profitable trainer. That is my goal
Yes
Because every one of you will be mice my business card and I will let you not down
I will try my best if
It will not be possible. Yes
Then it will be not possible, but I will not surrender because this one student
Which was the worst student I ever had
Which was a zero, really a zero and I didn’t believe this he proved me wrong. Yes
he proved me wrong that he was that he can make it and he made it and that is what
should be a
Motivation for you all to understand that everybody of you can handle this
Yes can everybody of you can make it as if he can
everybody of you can because I also I
Was really shocked if I had seen his first trait and I believed I didn’t believe that this could be a happy
Ending yes, but it had ended as a happy ending and that makes me so proud
So joyful, so thankful. And so happy that you kind of basis. Okay. That was this one
That was what I want to share it to you all
Yes, because at the end I was a male involved one month
I was not able to do one a single video for the YouTube channel because of this both mentorship program
And I’m really sorry for that too because but I can say only all the information which I have already
Provided in my future challenge the 900 videos or more
Yes, the nearest thousand video says and the e-book. Ah
The fundament to become a successful trader. That is the Holy Grail what I was seeking
So many years ago. Yes, and nobody provided it and I was
Struggling and moving around a white a
forest of
Trees and no don’t knowing where to go
You have the guide you will have surprise action guide you have surprised extreme Bible and you helped my videos
Yes, and all is that for really affordable?
Yes, and that is also what I have to say. My pot mentorship program answer moment is really affordable
Yes, enter the project behinds it
Will be clear after who joins his boat mentorship program. Yes it
Never be so alpha double-a. It is a sword at the moment. Yes. So think also about this. Yes, because at the end
I’m doing this because I meet my bot mentors. Yes. And so I’m giving much more then it would be necessary. Yes, and I’m
Offering and I’m sacrificing also my time. So you understand what I want to say. Ok
so now we are going into the topic and this topic will be about
cross-correlation PRCs
how to trade
cross
Correlated for purpose. Yes, and
Let me see. I have prepared here something. Yes. Yeah, I prepared something
So I will give you an ADA as cheat where everything is
Explained more in detail. Yes, but first of all, I want to discuss this kind of
of
cross correlated and non-coastal correlated Forex pairs
So a binary option can uses also binary options or any other financial instrument. You have only to adjust a little bit
So ok how to trade cross currency pair correlation how to k2 that currency
Combination. Yes and what are not correlated pairs and what are correlated currency gasps?
And I will do this in this kind of manner that I don’t show you this cheat sheet
Then I got to show you her purse of on how it will be calculated
Yes, and then you can do this for all your other pairs on your own. Yes, and
So you have the basic the fundament?
How it works. Yes, and yes, let me see
It could be that I will be interrupted by some students which will contact me because today I have some meeting day
Yes that is this a where I talk to my students
Personally, so it can’t be that I have to stop the video and doing some
some metal ring
Yes
and then I get back to the video and continuing twincest but I try to cover this stuff here as fast as possible and
So so much in detail as necessary
Okay, so we will gonna start here and let me provide you with the first information. So we have non-correlated
But later pass that’s currency pairs and
Places so and those 1s will be needed to
Calculate the correlated pairs
Because not every pair is a correlated pair
Yes
And so you have to use a non-correlated pairs to?
Calculate and you get a good later. You get a list of them. Yes, and also the relation to them
Yes in this sheet in which I have provided already to one of my students who asked me who brought me to the idea
Because I have some more I have some more
Explanation videos in the pew. Yes
I will do them too. As soon as I have time when I talk about market condition
about gaps about
EMA and
About my ranging market. Is it about favoring outset are those kind of projects which I had in mind about
Yes the explanation videos
But always a time yes and X above it. We are Nyanza how to trade the cross currency pair correlation
Yes
and so I will get now here an example only as I will do an example and we will
for example, one of this correlated pairs is
Europe g py s uo g py I will do this this will give you why this is a
Correlated pair. Yes, and I will show you how you do this
I will do this only on sewers towards repairs. So you understand this
This is a correlated pair and this correlated pair will be
Calculated by Z
by two non-correlated past
Yes, that is a difference and to need for to calculate say you a GP wife
You need first of all the USD. Yes, which is a non correlated pair. Yes
So you will use D and then you need for it for example
the
USDJPY
Yes, because you see you need both
M to see and that is what is importance in Europe. Yes is here and the GP y is here
yes of the second pair so and
That is what this is about. So if so your GP y is
Getting power. Yes is strengthening. Yes, the spare strengthening and
Usd/jpy is strengthening – yes, then what does this mean? That means that?
Euro is strengthening
USD is
Weakening. Yes in this case. Just let me do all this
Draw this a little bit more
So I will do this. So you is you is you is
Strengthening. Yes in this kind of scenario and
USD is weakening. Yes, because is clear because they are in correlation to H other
Yes is weakening. So yes, that means already you drew those up here
So if you had here
USD and gpy yes, then you have
USD is strengthening. Yes, because it’s going up here. There’s the katanas going up and gpy is
Weakening. So what does this mean? That means that your GP? Why?
Copy/paste your
GP why will go up?
Strong
So obviously this is more usable for forex. Yes andand online time frames you
Analyze the chart on the lower time frame to another to get this yet ordered the charts in general. Yes, and that is more usable
for
Forex and
aza
Okay, one second. I have to to see if it’s the student. I’m waiting for. Okay, so as it was
Okay, let me see. So yeah, I hope that was clear yet now. Yes because
To go up yes to go strongly up
You have to have yes a week a week GPU. Why? Yes, here. We GP why?
Yes to go as this up
Yes from the up a week gpy and a strong and a strong euro. Yes copy euro
And that is what this calculation
Is about and that is that you can see if both of them goes up. You have a strong
Move a strong strange fixed to the strong strange test on you
Gpy, so I will do this example now for the opposite
Or the opposite and say it was already because on the next on the next sheet of this is ebook
yes, you get a complete list of
Those kind of combination I want to explain who here only the concept behind this
Yes that you can use on your own
So I will do this now for the opposite not for the opposite of you will gqy
I will do this for the opposite of another one
Yes
Let me show you this and then I will do another exactly the variation of it and then it wasn’t already
So I will remove this here. Yes anything we want to talk about. We are going to talk about
other one, so
So, let’s see, so we maybe will choose now another
Correlated pair and the next correlated pair is for example
I will take for example now this one here and who will have trade as a list. So GP p GP y
Sm g PP PP y means
GP p you see yes because you know the first pair yes. Is this one here the first yes
And then you need or something which has a GP wine into it and the USDJPY is into it. Yes
So we have here is the two non-correlated pairs to care too late. This correlated pair. Okay
So if and since is the next one, I will take this one if you gpy USD is going down
Yes
What does this mean that?
Means
That means that
GP p is weakening
Yes
This weakening. Yes. GP p is weakening a
Jewess d is training. Yes, so that is this
the collectivism that is the reason s y GP p
USD is going down. Yes. So the next
So the next is
You is eg P Y to go down USDJPY, yes
So what should happen yes, what is the case in this case to go down this it means that USD
and USD
This weakening, yes is weakening and GP y is
20 so
So and that means at the end, yes, and that means at the end
That here GP y is
GP p is going is weakening much more. Yes, and
This is going up, yes, but at the end it means
Yes z price because you see that means that this will call down. Yes and down means here that it will go
Go up. Yes, that means that we get here
at the end a
strong
Strong down that is this one. Okay. I think that is clear
Yes, and that is how the correlation works
So and now we are getting to the last example
because I have to bring this to an end and then I will show you the cheat which
explains all those kind of
things more in detail which shows also corrected color red color
Correlated past and all non-correlated pass
Yes, and then you can apply those things Swee training and that is a mix as I will show you this
That is a mix of both. Yes. I will do this like this that it will go up saying yes
So let me show you this
So the non-correlated pair will be in this case because it’s a mix and will be a little different
Because I try to cover them all. Yes so that you have all of you house. It will be calculated and so
Okay, so yes, the next one will be
because the correlated pair will be
Twice across yes
and
JPY yes. I have no need only GP wise yes, but it can’t be also other one
I will show you this in a few minutes. So and
Here the chlorinated payer
Non-correlated pair is the USDJPY like always as an 10 the USD
Slice of Swiss of France as USD Swiss a prom and you see here as a difference. Yes, that here is
That time this why saffron is here on the opposite side. So if this is weakening
Yes, if this shot is going down as weakening, that means that USD. Yes is weakening
And thus vice versa froms. Okay. Wait
And this fits the France Swiss Franz is stretching
And stretching
So it strains in yes
So yes, then the usd/jpy yes is
Going up
Let me see this
So it’s going up that means
So that means that
USD
Is
Straining
straightening
Yes, MZ
g py is weakening
And because this is weakening. Yes, and this is see
the Switzer prom is is straightening we have here a
Double force? Yes, which tense that price will go up
Yes
Will go up. Yes will strongly go up. That is what this relationship is about this because this is
The spice of response is going to increase and the gpy is to decrease yes
That is the table. That is how it works. Oh and
That is the concept behind this
Obviously, obviously I have done here only a few examples
Yes, I have done here. Only a few example of all those kind of things. Yes
important is important is that you understand only the concept behind this why it’s so
You have not to memorize them all completely. Yes, because at the end you are tables for this
Yes
And I will for my to us a table so that you don’t need to learn that it’s only to importance that you know
how to take food ages and why it’s so s because at the end its
I can tell you everything yes, but if you don’t know why
You will not get it. So and that is the reason why I am doing this video here. I
Explain to what? I’m uncorrelated pairs and what are correlated pairs?
How’s the correlated pairs will be calculated? Yes, and now I will show you
The specific treat. Yes, which will be
available for you in the next edition of the ebooks as
Obviously for those one who obtains the ebooks they will get this for free. Yes
So let me see you we saw you this so cake. That is this one
So and now I will show you the sheet so idea you have this. Yes the list
Here you find all the correlated
Correlated pairs. Yes. This one here. Let me show you this. I will do a rectangle
so shape
This one yeah
Okay, I can not do this here
Rectangle shape rectangle. Let me see
Okay
Okay, so until we will do this in red
Okay, I am not anymore so tractable so yeah, right, yes so that other
correlated
Correlated past yes. And so you can watch them. Yes and see them so it’s the reason why I didn’t have
Names and all this because the video would be too long. So and then we have here the
Non-correlated pairs. Yes, and you see it’s opposite here on this one. I have done only a few example of them
Yes, because I don’t want to lose them. All the video would be ultra long and it would get lot more information
Yes information was left what I have explained. The reason why this table is looking like this
Yes, and that’s the reason why I have
provided that yes, and I will provide them and
It’s the important stuff here. You see here. What is telling you the pair strengthening? The pair is moving up strongly
Yes after the calculation and that is the table. So exact wasn’t already
Yes, if you like this video to like if you didn’t subscribe subscribe to my channel
And if you have something to say drop me a line is a calming section like always so I would say stay safe and bye
Bye

25 Comments

Add a Comment

Your email address will not be published. Required fields are marked *