LeMercenaire wrote:Leoheart wrote:LeMercenaire wrote:
I was in no way trying to put you guys down, sorry if it came across as condescending in any way.
Anyway, yes, the thing with indices is that they can't help but be correlated in all sorts of ways, some blatantly obvious and others in completely unexpected ways.
They tend to operate like subsets of each other, wheels within wheels.
I don't know offhand of any one source of information but as always, I shall give it a mull or two and get back to you if I come up with anything.
I am totally offended. That’s it, your name is coming off my Best Online Buddy List as we speak ( jk but no smiley)
In all seriousness, I think fx traders are very spoiled in that regard(correlation). They can fool us on many timeframes , but never the final destination.
Thoughts cross my mind and I am sure others too, how do we replace fx trading experience once paper money aka banks are obsolete. We laugh at bitcoin with greater laughter but great truths are often laughed at until they become the norm. I think I may and regrettable will have to go the bitcoin route for it’s likely the most comparable to fx in terms on all large number of currencies backed by correlation. I hope Bitcoin is a bust I really do..
Have you seen the spread on the thing? (Also Etherium). Yowzaah!
Not yet dude. It’ll things settle in. You remember the spread on gbpjpy in the hay days of retail fx. We thought it was upsurd.