I trade primarily the Euro/Yen and have read that this pair has a strong correlation with the US Indices. I have been following both now and looked over the historical data for the past year and there is no doubt that there is a relationship.
I have read conflicting reports saying that i should follow the Dow Jones and others saying the S&P. My question to the forum is based on your experiences which should i follow more closely?
If anyone has any links to suggested websites regarding this please post.
thanks in advance!!!
I have read conflicting reports saying that i should follow the Dow Jones and others saying the S&P. My question to the forum is based on your experiences which should i follow more closely?
If anyone has any links to suggested websites regarding this please post.
thanks in advance!!!