[GBLilleyUSMC]

This is a very important subject. Aside from what I am about to say, you should do your own in depth research on this subject.

I cannot imagine trading without doing a complete intermarket analysis first. I spend at least an hour on this before placing my first trades for any day. I have an entire screen dedicated to other markets outside FX.

There are brokers out there, who will allow you to open a free demo account for life on Mt4 which shows gold, oil, s&P, dow, S&P futures, the german DAX and much more, however those are the main ones I watch.

If your trading the yens, other than watching the stock markets a good understanding of 10 yr T-notes will benefit you as well. Stocks down, the yen increases in value (Short yen pairs) even the nikkei, 10YT up, the yen increases in value (Short yen pairs).

I mostly watch Gold and Oil for the majors, these two commodities can and definately do move the US dollar. If Im short the dollar and I see gold or oil completely tank, im out.