I have been doing research on this for a long time now. Though the correlations are considered accurate, there have been anamolies. I think the attached chart should explain it self Correlation between eur/usd and gold
Does anyone have a clue why my chart looks like this. It looks like there are no buy and sell points. Im using vwb model on Vtrader. Im using 1hr chart as described in vwb. Infact all my 1hr charts look like that but when I move to higher time frame ...