Don't have. Anyway, there are not many books about that. There are quite a few articles about that. But those are written by mathematicians. I wrote something about Intermarket correlations in this Journal. I tried to search for it but can't find it. Charting software - get an s/w where you can display multiple charts & you can sync the cursors. eg Esignal, Sierrachart. It is easier to see how / when the markets move in tandem.
3 Aug Eur session (after Fitch news) Again the main movers are the index futures. Good intermarket correlations among the Asian, European, and US index futures.
15 Aug # signals during early Asian session : zero # signals during early Eur session : 10 movers were Eur index futures, US index futures, copper, oil, bonds # signals during early US session : 2 16 Aug Dead market trading # signals during early Asian session : zero And the CNBC headline is : Asia markets fall as bank stocks retreat under pressure on Wall Street It should be : Asia markets died as bulls and bears were dead. Soon there will be the storm.
28 Aug Asian session China A50 gapped up 4% due to whatever reasons. not so good news for the day traders; not many trading opportunities Such a huge gap is very rare. Hangseng also gapped up massively by 4%. ___________________________________________ headline news : China’s Worsening Economic Slowdown Is Rippling Across the Globe Asian economies are taking biggest hit to trade so far Falling prices in China may help to curb global inflation Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff _____________________________________________ bad news -----> good for the stock market?
China A50 is getting very agile. Time to adjust the parameters again. volume : 500V to 350V to 175V Max stop: 30 ticks to 15 ticks
mini NK225 from OSE volume looks good. I used to trade NK225 from SGX. both are jpy based. NK225 from SGX The average day range is OK (400 points or 1.2%). stop loss - max 10 ticks (one tick = 5 points). Lately, I don't trade NK225 as I am not able to do intermarket correlation. It seems like it has its own mind. Also, I wish NK225 could be more volatile. Mini NK225 from OSE I don't have datafeed from OSE. So can't comment much on it.