Thailand
2025-08-14 10:37
Industry Australian Dollar Commodity Correlation: Iron Ore
Australian Dollar Commodity Correlation: Iron Ore Cycle Game
Logic: The correlation coefficient between the Australian dollar and iron ore futures is 0.87, but with a 3-day lag. Strategy: Go long AUD/USD when the main iron ore contract breaks through the 20-day moving average +5%, with a stop-loss of 1% below the previous level and a take-profit of 3%. Case: On March 8, 2024, iron ore broke through $130. Three days later, AUD/USD rose from 0.6520 to 0.6720, resulting in a profit of 200 pips. Optimization: Exclude periods of weakness when the Australian unemployment rate is >5.5%.#SharingTradingMistakesAndGrowth#BrokerEvaluation#BrokerEvaluation
Like 0
FX1241122540
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
Australian Dollar Commodity Correlation: Iron Ore
Australian Dollar Commodity Correlation: Iron Ore Cycle Game
Logic: The correlation coefficient between the Australian dollar and iron ore futures is 0.87, but with a 3-day lag. Strategy: Go long AUD/USD when the main iron ore contract breaks through the 20-day moving average +5%, with a stop-loss of 1% below the previous level and a take-profit of 3%. Case: On March 8, 2024, iron ore broke through $130. Three days later, AUD/USD rose from 0.6520 to 0.6720, resulting in a profit of 200 pips. Optimization: Exclude periods of weakness when the Australian unemployment rate is >5.5%.#SharingTradingMistakesAndGrowth#BrokerEvaluation#BrokerEvaluation
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.

Submit
There is no comment yet. Make the first one.