Now I know this site is about Forex but they are connected with world markets. So the question I’d like to raise is any additional advise for indices ? It looks to me that the COT report will still be of value and the fundamental reports from the calendar. My eyes see lots of correlation between them and the currency markets.
There’s a thread for that —
There’s a whole section of the forum for that —
http://forums.babypips.com/fundamental-ville/
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So can I site the indices the same as trading that countries currency ?
Thanks in advance
There is always correlations between currencies and other markets, Like the price of oil is up so the Canadian dollar is on the rise, In most cases when US stocks rise, the Yen and US dollar will fall, a rising US stock market is also good for AUD and NZD , NZD often trades in correlation to Gold. But these correlations can be compromised by National bank action
As a side question, what is your feeling with Williams vix fix ? I don’t like too many indicators, but seems like a good one to tie up with Stoch and maybe RSI