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eurusdzn, I would have to agree with oldtime. The movement of the USD can create opportunities if you look for them. If the USD is going up then you can look at crude to see if it's moving down. I don't think I'd be buying both the USD and stocks at the same time as they typically have an...

That is very true. When the USD starts getting into this territory, the markets usually fall and the same holds true for crude. Look what happened last fall when crude started trading over $100 a barrel. Didn't last too long...

Oldtime, http://www.elitetrader.com/vb/reply.php?action=newreply&threadid=260747# You're right, I didn't get the joke; LOL... But I guess if you're a Forex trader, the you are correct. Nothing can go up unless something comes down. The idea of market correlation came to me due to the aspect...

Braincell, That's a very interesting idea. So you're saying create a custom indicator for the USD and then use that indicator to accurately price the S&P based on that indicator? If so, that's an interesting concept. I also agree with oldtime that Gold and Crude should be taken into...

Oldtime, I'm afraid I beg to differ and let me explain. Those were taken at 5 AM EST. At that point both the USD and ES emini were both trading above their closing price. The question during the course of any trading day is who wins that battle because obvious there's a war going on...

Just attended a webinar where the lead trader was supposed to show the audience how to make money trading the Russell and LOST money doing so. What he forgot to look at was the USD trading about 700 ticks higher from its close. Guess there's something to this market correlation stuff.

Folks, Here's my analysis for today. These numbers were taken at 5 AM EST. US Dollar – Up at 82.490 the US Dollar is up 175 ticks and is trading at 82.490. Energies – April Oil is down at 91.54. Financials – The 30 year bond is down 4 ticks and is trading at 141.27...

Epic, I think you're pretty much right on. Look at what's been happening this week on the Dow. The markets aren't correlated yet it keeps going to a higher high. The USD is trading higher and yet the market goes higher. It seems as though no one is concerned or considering fundamentals...

Often I'm asked what is Market Correlation and why do you adhere to it? The answer to this question is quite deep and not easily answered. Market Correlation is a strategy. It is a way and means to determine what might happen in the markets if certain conditions are present...