lets review Risk On Risk Off Helpful simple process Spy VS Btc VS Dollar Dxy also Remember trading is risky .
Hi traders
over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators.
Over time the dollar has always been perceived as a strong stable currency and when people move dollar up it is usually perceived as a defensive move by market participants and therefore a risk off situation for speculative assets.
Usually what is helpful lately is looking at the SPY vs BTC and compare to the dollar DXY representing safety.
Usually dollar Up = SPY + BTC down = Risk Off
and vice versa
Usually dollar Down = SPY + BTC Up= Risk On
Hope this video was helpful
Hi traders
over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators.
Over time the dollar has always been perceived as a strong stable currency and when people move dollar up it is usually perceived as a defensive move by market participants and therefore a risk off situation for speculative assets.
Usually what is helpful lately is looking at the SPY vs BTC and compare to the dollar DXY representing safety.
Usually dollar Up = SPY + BTC down = Risk Off
and vice versa
Usually dollar Down = SPY + BTC Up= Risk On
Hope this video was helpful
Decision Tools and Ideas by Traders for Traders
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Decision Tools and Ideas by Traders for Traders
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.