Summary
There is a conventional division of classic trading systems into classes: mean reversion and trend-following. In current webinar we disclose using of synthetic instruments that initially possesses trend behavior with long term memory. In this case a trader controls volatility structure with the use of technical and statistical analysis. We consider currency cross rates and some mixed instruments to reach reverse spreads. A negative correlation between underlying currencies/assets means that a basic asset growth corresponds to a quoted asset drop and vice versa. Under certain conditions these instruments are distinguished by long-term trends and short-lived flat periods. A flat movement pattern becomes unstable. We consider the trading results of a simple moving average approach filtered by correlation analysis. It has been proven that reverse spread is a perfect instrument for trend following with higher winning rate than major currency pairsLatest Live Videos
Editors’ Picks
AUD/USD falls amid highs US yields, Fed’s tough stance
The Australian Dollar posted losses of 0.23% against the US Dollar on Thursday amid higher US yields that underpinned the Greenback during the day. Wall Street hit new all-time highs but retreated afterward, ending the session with losses.
EUR/USD slipped on Thursday after Greenback pares some losses
EUR/USD eased slightly on Thursday, falling back below 1.0880 as the Greenback broadly recovers losses from earlier in the week. The pair remains up for the trading week, but a late break for the US Dollar is on the cards as investors second-guess the Fed's stance on rate cuts.
Gold loses its bright and tumbles on firm US Dollar, Fed hawkish comments
Gold prices fell in the mid-North American session on Thursday, below $2,390, as US Treasury yields recovered and underpinned the Greenback. Wednesday’s inflation report in the United States sponsored the golden metal rally, but Thursday’s data was a mixed bag, which could likely trigger some profit-taking ahead of the weekend.
LINK price jumps 10% as Chainlink races toward tokenization of funds
Chainlink price has remained range-bound for a while, stuck between the $16.00 roadblock to the upside and $13.08 to the downside. However, in light of recent revelations, the token may have further upside potential.
April CPI: Worst good news ever
The monthly rise in prices based on the Consumer Price Index (CPI) came in slightly lower than projected, sending a wave of euphoria across the financial landscape. The consensus is cooling inflation puts Federal Reserve interest rate cuts back on the table.