[B]Hi:
Do you know of a site/link that explains the correlation
of Currencies with Market Indexes/Bonds/Notes?
Thank you.
.[/B]
Take a week or two and give eurusd and usdchf a very close look , just keep observing the way both of the moves. may be you gonna see somthing
[B]Newman:
Thank you but I am familiar with the correlation between these.
My question is related to the indexes, bonds/notes with currencies.
[/B]
.
What you’re referring to is called intermarket analysis - more so the theoretical component because of the insight it provides into a single market (forex) than it’s implementation.
This will get you started:
The Advantage of Intermarket Analysis
You’ll notice Murphy’s book mentioned in the text: an indispensable book that discusses your question
Also, Louis Mendelsohn’s book, specific to intermarket analysis with specific regard for forex. You’ll find a recent article by him about it here:
Intermarket Analysis of Forex Market
When you’ve had it with that, check out the full text of his book by downloading it here (scroll down just a bit when the page opens):
Also, a good book on the same topic there to download by Jim Wyckoff, just below Mendelsohn’s.
[B]Andrew:
Thank you for the above references. I have read some and will
continue to read the remaining with a view to helping me with my
own system. I read about your trading experience somewhere in
your blog. Thank you for sharing your knowledge here.
1Thess 5:21
“Make sure of all things, hold fast to what is fine.” is a wonderful
principle to live by.
Thanks again.
[/B]