All language subtitles for 7_foda010002

you would look at the September
contract I believe these renew

year so the way futures
contracts work is they have

certain commodities that are
relevant to the economies. So

well they're the type of
indicators that you've got in

money, but in particular as
well when it comes to

general economy and how this
impacts our currency pairs. So

you need to there's not a
direct correlation every single

especially of course you've got
the other ones such as Saudi

for example with gold and DXY
you're not going to see an

through dairy you'd look for
the dairy chart on here. In

commodities, understanding
supply and demand. Um

aware of the main correlations.
So yeah guys take care and I'll

there might be certain types of
the year where oil and petrol

of interest and they're both
correlated then we can expect

understanding different asset
class correlations. Now my

don't trade these currency
pairs I mainly look at USD CAD

and all these kind of
commodities they not be in high

relation is. So obviously
moving back looking at stock

oil which is WTI US oil and
then UK oil Brent UK oil. Uh

mainly drives the US oil market
then that also leads into the

the the economies may be quite
similar in their monetary

open interest as well you can
look at COT data for this as

can I use bar chart. com for?
Pretty much everything that

risk on periods while it
decouples and becomes inversely

use of course you know you
you've got gold and jewellery

gold gold moves and actually
understand its price patterns

comes to different asset
classes. So always understand

have gold or yellow silver
platinum everything like that

we'd always look at is the
impact on US dollar and then

fundamental plan. So if you're
looking at the fundamentals of

markets, the bond markets and
then the main correlation that

currencies and no iron ore
exports and how that impacts

seasonality also comes into
play over here as well. So

hope this was very informative.
Obviously take notes but be

going to be looking at as well.
And that can be explored

relevant one that you want to
be looking for obviously link

everything is related in the
markets especially when when it

it's more about the movement of
investment, the movement of

frames and do do your analysis
on there as we've explore

time as you may expect however
we just use it as an extra

directional bias of both of
them you're going to understand

how that impacts other pairs
for example. So yeah guys I

bottom right there once you
have the chart you open it up

the fundamentals and keep them
on point. Understand what their

was meant to be in the last
last presentation right there

learnt in the past two videos
and be prepared when

fundamentals of oil so you need
to look at OPEC so pretty much

general you should stick to the
main correlations that we've

increases obviously you need to
look at supply and demand

of people's most favorite pairs
because of this reason now

lead into any trades that you
need to understand for USD CAD

what impact US oil has on CXY
for example and then that could

demand. Therefore what you
going to expect for price. Now

traders actually trade the
commodity by itself. A lot of

Australia, this is one of the
main things that you're

classes is to simply improve
our understanding of the

takeaway message. The whole
reason we look at other asset

for example New Zealand if
there increase in exports

it's iron ore and gold now
having looked at a chart for it

them will trade futures
contracts. It's slightly

we've just explored. Uh
personally I'm only looking for

through here if you're looking
for a chart as well. So what

everything like that before we
move on to the last lesson I'd

there so that's a good thing
about Barchart. com not only

fully and then that's when you
can go on the different time

expiration dates so if we're in
September of 2021 for example

however it's something that you
must incorporate into your

understand the fundamentals of
DXY for example you're going to

because you're not going to see
an exact correlation as I said

exact correlation there same
thing with iron ore as well

their economy USDCAD of course
has an inverse correlation with

commodity that looking at then
once you click on that on the

policies and everything this is
the differentiating factor. You

full size so you're going to
get all this information at the

it for FX pairs and understand
the open interest lines and

whether they look at
fundamentals or not in the

moving. So if you're trying to
look for any more commodity

currencies so it's one of the
main exports of Australia so

factors usually start to see
drop it a drop in in price for

website called bar chart. com.
Then at the top of it you've

future's contracts the relevant
ones are going to be the ones

direction of the CXY because
it's such a large export of

like to also explore a bit
about the eye and awe

have a clear understanding of
USDAD and this is USDCAD is one

oil. So you've got two
different types. You've got US

and everything like that. But
it's main use is as a source of

pairs or futures contracts we
call it because this is how

there. Then when you click that
click the commodity that you

want to look at so it's
going to have a range it might

technical strategy it moves
quite a lot you know although

can expect that the price of
oil will drop because as supply

can actually understand how
it's moving and why it's

when it comes to understanding
US oil you need to look at the

on a lower time frame maybe
that kind of confirmation but

these so if you can understand
the fundamentals of oil and

that are traded at the time
then you open up the chart in

previously or as I'm going to
explore you start to look at

see. The the main correlations
with that is of course you've

different from what we trade in
Forex. Um but yeah if you're

you click on that then you get
the relevant contract month and

they're like the Fed of of oil
they look at supply and demand

DXY is the understanding of
investment and where people put

wanting to search them up what
you do is you go on this

of it so of course when they
increase supply for example you

Now for oil so gold obviously
provides diversification in the

example and obviously vice
versa so that's one thing that

call it sweeter than the US oil
or the WTI that we start to

their money are they put it in
is it a risk on or risk off

that up to the time that you're
in right now because the

DXY as well now the main
correlation between XAU USD and

correlated during periods of
stress. That point right there

the directional bias now don't
take this as gospel you know

oil so in this case we're
going to be looking at CAD

point of interest and AED USD
enter higher time frame point

some kind of movement in the
same direction same thing for

portfolio and it's correlated
with the stock market during

environment and what does that
entail obviously look back to

our first lesson where we
looked at risk on and risk off

and start to look at that so as
again you're not going to see

Arabia and Russia but
personally I don't trade I

can you use it for commodity
pairs but you can also look at

got to look at the the
economies that export a lot of

just different types of oil. I
believe Brent oil is a bit they

every few months or every month
it just depends on the type of

so in terms of gold this is one
of the most heavily traded

confirmation so if for example
we gold enter higher time frame

got the commodity pull down
bar. So you click that right

as you can obviously realize
however now we're looking at

movements however they are
going to be quite similar in

United States it do quite a lot
of goods but especially when it

on the high time frames and
understanding that the

XAU and UST. As you get that on
the downturn you start to see

that you must be aware of in
fundamentals. It's mainly its

you go to see certain types of
investments that happen and one

of that bias of course you're
not going to get the same exact

usually you'd start to see some
kind of similarities in terms

here that we look at and of
course you've gotten to

of them in particular is gold.
So what you're going to see is

investment as and as a hedge
against inflation. So as we

these types of correlations. As
gold in this example you get

understand when there's high
inflation around the world you

DXY buying up. Then if you
compare gold and also AED USD

and everything like that. So
gold is an essential commodity

know you know you can get a 200
pit move in impossibly 10

understand the main the main
ones from each sort of ex water

commodities in the world it
moves very very quickly as we

minutes, whereas you might not
get a 200 pit move in a whole

you've got to be you know quite
experienced to understand how

Saudi Arabia of course you know
it's all about the oil and the

Dairy National Index or
something like that that we

week on Euro USD for example so
that is very volatile and

comes to technological goods
but of course they import quite

a lot as well so I would say
it's more these markets right

when it comes to Canada we look
at their oil in particular when

it comes to Australia you look
at iron ore and gold New

look at for Russia it's natural
gas and their oil products

Zealand is the dairy products
which is the dairy New Zealand

exporters when you have a look
at some of the main exporters

which is ZA are on the currency
pair they do a lot of gold

few others that we're going to
be looking at. So the main

in the world and especially
when you know you can actually

diamonds platinum and a few
others but particularly gold

trade them pairs these are the
ones we look at so South Africa

prominent with the the
Australian market and with a

natural gas and then iron oil.
Now iron oil is particularly

It's the one from the UK. Then
you've got gold and silver,

Oil which is Brent Oil is just
a different version of the oil.

currency's endogenous factors.
So what that means is the

and the main commodities that
we look at is crude oil, Brent

all Australia, New Zealand,
Canada, Japan and United States

domestic sort of workings and
what's going on inside their

this can give us an insight
into the fundamentals of a

comparing commodities and
certain economies is first of

economy. The main countries
that we look at in terms of

commodity rich countries that
export a lot have a large

amount of confluence with
certain commodity pairs. Now

what markets are affected by
commodities? Generally

Yes, hello everyone. Welcome to
the next video. So in this one

correlations which is
commodities and currencies. So

we're going to be looking at
the next asset class

see you in the next video.