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I will introduce my original trade strategy called ”RCDG Hybrid Trading" using RSI, CCI, Divergence, and GMMA. I evaluate possibility to win using multiple factors as follows such as Occurrence of Hidden Divergence (Reversal) which implies trend continuation, Golden cross of 3 RSI lines, Long term RSI (42) is over 50, CCI cross -100 level, and Supported by 200 EMA.

This week we had a risk-off market since US stock market fell on Thursday and Friday. You can see that the drop in NASDAQ market, which mainly consists of IT and high-tech sectors, is larger than other indices.

Chinese Yuan (CNH) is a "risk currency" that is closer in nature to the Australian dollar (AUD) and more directly reflects Chinese risk than the AUD. In particular, it is necessary to pay attention to Chinese stocks, business sentiment in China, and intensifying US-China trade conflict.

In addition to general exchange rate, there is another exchange rate called the Effective Exchange Rate, which is calculated by weighted averaging the amount of trade transactions with each trading partner country. The rate is an index for evaluating the external competitiveness of each currency country and the comprehensive strength and value of each currency. The nominal effective exchange rate is not taken into account of inflation rate, and real effective exchange is taken into account of that. The real effective exchange rate is considered to more accurately reflect the strength of the currency.

There is a strong correlation between the German-Italy bond yield spread and EURUSD (the opposite correlation). In long-term 10 years chart, ECB's strengthening of monetary easing was a major turning point in May 2014, and the Eurodollar has fallen sharply thereafter. Also, we compare Euro crisis in 2011 and COVID-19 shock in 2020.

TradingView has several types of comparison features such as difference, relative comparison ("Comparison" in the menu), and simple comparison ("Add Symbol" in the menu). For each method we will explain how to proceed, example chart, and important point.

In TradingView, there is a way to make this "fragment" of the trend line beautiful by making it invisible in unnecessary situations. In the tab "Visibility", you can set the time-fame for showing each drawing. By saving this visibility setting as a template, you do not have to set it each time you draw.

The magnet mode of TradingView is a function that to snap the "drawing anchors" of various drawing tools (including trend lines and horizontal lines) to the closest OHLC (open, high, low, and close prices) of the nearby bars. Magnet Mode is most effective when drawing Fibonacci such as Fibonacci retracement. This is especially important for long time-frame charts such as daily charts.