markets...personified

Thursday, February 09, 2012   Welcome Guest  |  Register  |  Sign In

Now Featured on Greenfaucet

FromTo


Commentary Topic from greenfaucet

Trading the Correlation Between the S&P 500 & USD

BY RAY BARROS | JANUARY 28, 2010 | 1:06 PM | 0 COMMENTS

The instruments I trade have been keying off the inverse correlation of the S&P and US $ (I use the DX as a proxy for the US$ crosses). Yesterday the S&P provided a variety of buy signals and on my Barros Swings is still in an 18-day (monthly trend) uptrend. The DX setup as a potential 18-day change in trend pattern (up to down). Because the Market Profile ‘Neutral  Day Closing in the Top Quadrant' is such a reliable signal, I would normally execute in the evening session.

FREE NEWSLETTERS

Trader's Talk

WEEKLY FLOW

MOST POPULAR

24-Hour |  48-Hour |  7-Day