DislikedYou are talking major leagues mate. Maybe you want to start simplifying the equation (for currencies trading purposes) and link oil via inflation first. ....Ignored
You mean I should count correlation of inflation in US to price of Oil first and after that impact of inflation on USD value? So the link is - Oil price - Inflation - USD value.
"And second, lower oil prices via economic slowdown push inflation pressures even lower via economic output contraction." - That is true. So lets say correlation of world GDP to price of Oil?
Ah, I am glad it is not complete BS. Hey mate, I am going to make it as complex as possible. I have minimum of 50 years time to trade this market so thats quite some time to learn a lot. Btw, yesterday I have finished VBA script for crushing of timeseries and picking peaks, so in coming weeks, I will be adding a "few" interrelated factors together. My current focus is in combining timeseries of US GDP, DJIA, Oil, EUR/USD, Treasuries, Gold and CPI. So I am trying to learn as much about these markets as possible.
T
"I know one thing, that I know nothing." Sokrates