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The Anglican Consultative Council, met last week in New Zealand, issued a special prayer for people affected by Hurricane Sandy in the north-eastern US: "Creating God, you have set us |još

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AntonHBlack

AntonHBlack ( Prije 466 dana) (0)

nowledge and experience are key elements in successfully trading any financial market. Part of having a solid base of trading knowledge lies in knowing how markets generally relate with and react against each other. Intermarket analysis is the study of price correlations among different markets and how market prices may or may not be impacted as a result.

When trading Bitcoin, traders have discovered that its fundamental correlations with other global financial assets have tended to shift over time and are usually not nearly as robust as other, more established correlations.

For example, the strong inverse relationship between the US dollar and gold is both well-documented and reliable. The same generally cannot be said of the current correlation between Bitcoin and gold, or that of Bitcoin and any traditional currency like the US dollar, euro, or yen

frankgriffin

frankgriffin ( Prije 313 dana) (0)

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