New Forum Idea... Intermarket Analysis?

[Soultrader 12]

What do you guys think about opening up a new forum dedicated for Intermarket Analysis? Basically dicuss various correlations in global markets whether it be stocks, commodities, futures, etc...

 

Like how the semiconductors act in the US tends to affect the semi sector in Taiwan.. or how the Asian markets tend to rely on the US, etc...

 

Index futures vs bonds, currency vs gold, etc...

 

You think it will be active?

[notouch 10]

It's something that interests me. I keep an eye on global stock index futures, oil, currency and interest rate futures and it's easy to see how markets often react together. I doubt there would be much activity in the forum though because most posters here are pure chartists. Maybe a single thread in one of the existing forums would be better?

[Soultrader 12]

It's something that interests me. I keep an eye on global stock index futures, oil, currency and interest rate futures and it's easy to see how markets often react together. I doubt there would be much activity in the forum though because most posters here are pure chartists. Maybe a single thread in one of the existing forums would be better?

 

That would be an idea also... but I want to get traders to become more aware of the impact on global markets. Its definitely something more experienced traders will be informed about. New traders tend to get too caught up in whats happening in their market only and tend to dig for opportunities forcefully leading to poor setups and overtrading. It might be a good idea to get traders to expand their view of the markets and not limit themselves to trading just one particular area. The only reason I say this is because not until recently... I did not expand into various markets. But now that I am keeping an eye on various markets, my view of trading has changed tremendously. I'll wait and see if we can get more interest. Fixed income, interest rate futures, etc... is definitely not my area of expertise so would love to read about them.

[brownsfan019 17]

I'd be an watchful observer of the forum area if it was active. I am one of those 'chartists' that notouch referenced so I don't use or pay attention to anything other than my ES chart. It would be interesting to read about global economics though, esp since we have a global trading population here. Someone is going to have to take the lead to get the interest going though in my opinion.

[james_gsx 16]

I read a quote on ET that said - "If you don't understand the global economy you don't understand the economy"

 

The way everything is going I think this is very true, we can't pay attention to only the US anymore. So I think a forum dedicated to stuff like that would be extremely beneficial, especially in the coming years. Also, if you can find strong correlations that no one else sees that could give you a huge edge.

 

In the book Pit Bull Marty talks about the correlation he found between I believe T-Bills and the ES, and he made a killing on it.

[Nick1984 10]

Its a good idea if ppl have the time to keep updating it. Here in Aus I always see a very large correlation between our stock markets and commodity prices especially metals such as nickel, copper, gold, and zinc.

[darthtrader 10]

I think this would be an interesting idea.

Does anyone know of a free correlation matrix for major asset classes? I know I have checked one out before but I don't recall if it was online or if it was in Murphy's Intermarket book.

[Soultrader 12]

Ive actually decided to change the forum title of market outlook to market analysis. If intermarket analysis threads become more popular, I will dedicate a new forum for it.