What correlates with cooper? - Commodities Futures Trading | futures io social day trading
futures io futures trading


What correlates with cooper?
Updated: Views / Replies:343 / 7
Created: by ALC77 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

What correlates with cooper?

  #1 (permalink)
Fort Worth, TX
 
Trading Experience: Intermediate
Platform: Jigsaw
Broker/Data: AMP Futures, CQG data
Favorite Futures: none
 
Posts: 49 since Feb 2017
Thanks: 147 given, 25 received

What correlates with cooper?

What thing(s) correlate with copper or inversely correlate with copper?

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Strasbourg, France
 
 
Posts: 73 since Mar 2019
Thanks: 21 given, 57 received


Copper is called: 'Dr Copper' for a good reason isn't it?
So it correlates with industrial activity and expansion of the infrastructure (road, highway, airport etc.) and the home market activity and more recently with Electric Vehicule:
https://www.investopedia.com/terms/d/doctor-copper.asp

Can you be more specific on your questions? At my level of interest it correlates with Materials eg Stoxx 600 Europe Basic Resources and I monitor the correlation between copper and gold and in a certain way but with a delay in one direction or the other with major indexes as S&P500 and of course there is a correlation with the usd index and with oil price.
https://www.yardeni.com/pub/coppercorrel.pdf

In one word it is on the top of my radar....particularly in the current period...


Last edited by Sagal; June 9th, 2019 at 08:33 AM.
Reply With Quote
The following 2 users say Thank You to Sagal for this post:
 
  #4 (permalink)
Cedar Park Texas USA
 
Trading Experience: Intermediate
Platform: TOS, IB
Favorite Futures: NQ, CL, GC. YM
 
Posts: 29 since Jul 2016
Thanks: 5 given, 15 received

Copper correlation

The following link contain future market correlations for the last 180 days


https://www.mrci.com/special/correl.php


/HG shows correlation to /YM (expected) and both Live/feeder cattle, lol

Not sure why feeder cattle would be correlated with copper, but these things do happen, until they don't, like the rest of the
market. Maybe a demand for beef indicates expansion which then takes copper..

Have fun.


Bill

Reply With Quote
The following 2 users say Thank You to wjbitner for this post:
 
  #5 (permalink)
Munich, Germany
 
Trading Experience: Beginner
Platform: not important
Favorite Futures: NQ / CL / GC
 
Posts: 81 since Mar 2011
Thanks: 383 given, 75 received

OANDA Currensee correlations

look here for pure statistics:

https://www1.oanda.com/lang/de/forex-trading/analysis/currency-correlation

...hourly, daily, etc...unfortunately it does not tell you cause and effect

Reply With Quote
The following user says Thank You to asyx for this post:
 
  #6 (permalink)
Market Wizard
Linz Austria
 
Trading Experience: Advanced
Platform: Zaner360, TWS, Vantage
Broker/Data: DeCarley, IAB, RJO
Favorite Futures: Commodities
 
Posts: 1,525 since Nov 2014
Thanks: 1,880 given, 1,990 received


ALC77 View Post
What thing(s) correlate with copper or inversely correlate with copper?

I checked the data base of MRCI. (By the way, a service I strongly recommend for seasonal charts, volatility charts, and correlations.)

Currently there are 4 commodities with a correlation to copper of 67 - 69 % for the previous 180 trading days: BP, PL, LC, and FC.

Best regards, Myrrdin

Reply With Quote
The following user says Thank You to myrrdin for this post:
 
  #7 (permalink)
Market Wizard
SF Bay Area + CA/US
 
Trading Experience: None
Platform: TS, TOS, Ninja(Analytics)
Favorite Futures: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,676 since Oct 2011
Thanks: 2,154 given, 1,673 received

There will never be direct correlation...

but a good rule...if u want up or dn....it will be close to indexs...ES/NQ....when a move round about starts....check Dec 24th bounces indx ...Dr Copper....

its related n sametime not related....rollovers...on metals work different than indexs....their hedges by producers and commercials on metals HAS to be different....hence i word this...as there is a relation n not. u cannot do this blindly.

hence if u follow the Dr....a good rule ...if u may want to follow which side Retail is on....that will keep you away from the bad trades .....so in effect dissect COT.

Reply With Quote
The following 2 users say Thank You to paps for this post:
 
  #8 (permalink)
Legendary Market Wizard
Cincinnati Ohio
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Futures Broker
Favorite Futures: FX, Stocks, Options
 
Silver Dragon's Avatar
 
Posts: 1,765 since Feb 2011
Thanks: 4,779 given, 3,993 received

Here is a correlation chart for Futures. Its updated with current contracts.

Robert

https://www.mrci.com/special/correl.php

nosce te ipsum

You make your own opportunities in life.
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Silver Dragon for this post:

Reply



futures io > > > > What correlates with cooper?




Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$1,000 in Amazon Gift Cards being given away right now from GFF Brokers

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

August
 

Webinar: Chart Patterns and Practical Trading Stats w/Suri Duddella

Elite only
 

Webinar: Richard Bailey (TBA)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
DB Cooper case 'solved'...... kbit Off-Topic 0 December 5th, 2011 02:48 PM


All times are GMT -4. The time now is 05:46 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts