TEB :) Correlation weekly trades

TEB: Correlation weekly trades

The end of the last week is a strong clue to the next week
I have found these 5 are the best to use

T-Bills - Bonds
S & P - Stocks
CL- Oil Futures
CU - Cooper Futures
DX - Usd Futures



Step One: Bond market - Up Bear/ Down Bull (Smartest people in the trading world)
Step Two : Stock market - Up Bull /Down Bear
... Bonds & stocks have to be in line with each other
Step three: Oil & Cooper - In line with each other - Up Bull /Down Bear - in line with Bonds & stocks
Step four: DX (USD futures) -Up Bear/ Down Bull - in line with Bonds, stocks oil & cooper

We see a strong bear market

also the daily DJI & DJT have also broken below lows to confirm a bear market

So I will be looking to Buy Usd, Jpy and maybe the Chf & sell Cad, Aud Nzd - maybe the Eur & Gbp
I will add as the week goes on

You have always good ideas... Thanks

Potential for EURUSD to be slightly overvalued against the 5 year spread chart, Could play a convergence trade here, or just naked EURUSD shorts.

ok why was this thread moved?

any system that might in fact work and gets moved very strange

Usdjpy 4 hour

Hi TEB63,

In ref to your post #4. The last line about what works is the answer to your question. Nice thread by the way.
I always enjoy your post.

Bay chart is still bear

trades on

Audjpy
2 trades
5 pips
26 pips

Usdjpy
2 trades
14 pips
15 pips

Bear markets on all day and weekly charts markets
Bear Market confirmed on the DOW - Indust and Transport
on both the daily and weekly charts


I will be looking to
buy Usd and Jpy
and
sell Eur Aud Cad and Nzd

The Usa 10 yr T-Note

are at a critical point the day is into Supply and Resistances
the hour is testing above this area

If it breaks this area watch out