Thanks for the info on that David , I will watch those times and points carefully to learn from it. Seems as though still connected to the equities markets, when the mkt broke down at around 1 est time today looks like the eur/aud broke up 200 + pips
Maybe. I had s/r line at 1.9712, it had made several upward taps during a longer upward trend on this line. I caught one of the reversals, and put the TP at the mid-pivot, roughly. Looks like the upward trend started around 1:00 eastern, and climbed for 1 1/2 hours. I have not studied an NYSE correlation. I love hindsight analysis!!
It seems pretty inversely related to the equities here. I trade the indicies as well and If I see something starting to bulid, lets say a rally. Then I look at the way the E/A is acting and it seems it takes a couple of pops and stays in a range but when teh equities rally picks up steam then the breakout looks good but not sure how long that will last. For the past several weeks I have been trading the e/u and g/u and they have been directly correlated to the equities markets moving the same, but the past few days they started to disconnect a little. Also which is cool is I have the british pound up on tradestation, and I mean the currency future traded on globex. And when it pops it might take a second or 2 for the fx to pop so I have been using that. But thats only for scalps really. I havent had a sustained move becuase I dont want to trust it completely but in and out has been working
Dude not funny again, you already posted that one a few pages ago, you need to come up with something new
man...12 cross rates to focus on and I thought maybe 2-3 was too many hey, as long as your making money!!!!!!!