How I analyze the Futures-Forex connection
- Posted by Raghee Horner on January 9th, 2012 at 2:25 pm
- Comments: 0
This morning I held my weekly Monday morning webinar and the topic was the Forex Market Pulse. I dove a little deeper into what I look for between the dollar-Dow-crude and the affect on comm-dolls.
The video runs 18-minutes and explains what I look for in *normal* Forex Market Pulse correlation relationships as well as the way the $USDCAD and $AUDUSD are behaving because of the way the U.S. Dollar Index $DX_F Dow Jones Industrial Average $YM_F and crude oil $CL_F are trending.
A couple take-aways…the dollar, Dow, and crude oil markets are all trending higher on their daily charts with the dollar being the strongest. The question for traders then is which is dictating price action and therefore whether risk appetite really is the reason for the crude oil rally or whether it is the concerns in Iran. (That’s my vote.) The usual push-pull of the dollar and Dow are not in play and this makes gauging risk a little more complicated especially when you consider that crude oil is moving higher while the Continuous Commodity Index has been trending lower.
Questions? Comments. Leave ‘em here at the blog!
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2012. Journal/Planner/ Streamlining.
Posted by Raghee Horner on January 3rd, 2012 at 2:55 pm, Comments: 0So it appears I will be upgrading to an iPhone 4S because my bestie’s son got honor roll and I promised him my iPhone if [...]
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Here’s why I’m short the EUR/USD
Posted by Raghee Horner on December 2nd, 2011 at 9:08 am, Comments: 0I posted this on chart.ly this morning around 9:00am EST. The short in the $EURUSD has triggerd on three day in a row as prices [...]
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U.S. Dollar Index and some “how to” Fibonacci Retracement help
Posted by Raghee Horner on November 29th, 2011 at 6:34 pm, Comments: 0In the previous update I discussed the U.S. Dollar Index $DX_F and used a specific Fibonacci Retracement to project potential support levels for the pullback [...]
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Greenback weakness. Really?
Posted by Raghee Horner on November 28th, 2011 at 4:42 pm, Comments: 0No. not really. It’s a matter of (bearish) perspective as the 80.00 level remains elusive and ready to put on the pain if the bulls [...]
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If risk appetite is coming back, here’s where the bulls could get hungry
Posted by Raghee Horner on November 22nd, 2011 at 12:33 pm, Comments: 0The $ES_F retracement lower to the 50% Fibonacci level from the last major move (October 4 low to October 27 high) is being tested and [...]
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It’s important to know when to change your bias
Posted by Raghee Horner on November 21st, 2011 at 5:01 pm, Comments: 0I’ve recorded a number of chart.ly videos where I outlines where on the my opinion would shift from bullish to bearish on the $ES_F. Hanging [...]
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Still bullish for now but keep an eye on the Triangle suppport & the range b/t 1289.25 & 1208.5
Posted by Raghee Horner on November 16th, 2011 at 4:26 pm, Comments: 0 -
I remain bullish based on the daily for now but a break through the triangle could change things quckly
Posted by Raghee Horner on November 15th, 2011 at 4:24 pm, Comments: 0 -
Waiting for my Kindle Fire
Posted by Raghee Horner on November 14th, 2011 at 2:34 pm, Comments: 0I don’t know that I’ve ever been so happy to see $199 charged to my card three times. I’ve ordered three Kindle Fires, one for [...]
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Raghee Horner is a private trader and author based in South Florida. She began experimenting with market timing and charting analysis in 1989 at the age of 17... (More) -
Recent Posts
- How I analyze the Futures-Forex connection
- 2012. Journal/Planner/ Streamlining.
- Here’s why I’m short the EUR/USD
- U.S. Dollar Index and some “how to” Fibonacci Retracement help
- Greenback weakness. Really?
- If risk appetite is coming back, here’s where the bulls could get hungry
- It’s important to know when to change your bias
- Still bullish for now but keep an eye on the Triangle suppport & the range b/t 1289.25 & 1208.5
- I remain bullish based on the daily for now but a break through the triangle could change things quckly
- Waiting for my Kindle Fire
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