Starting from this week my systems will look for all reasons to Long only. Another 2-3 weeks of chop.
Correlation between USDollar and US500 is that if the USDollar falls, the US500 pumps.
Right now I have a monstrous position in the US500 that continues to grow bigger each dip using my algorithms and am looking for a finishing pump that forces it over $5400 to allow me to take some profit from Main-Hold positions that have accumulated over the past 2 years.
If I am correct AUDUSD + US500 will both climb higher.
Current US500 equity gain %.
gyazo.com/e3df02b274...2b61b1937fb0425703d0
Goodluck world.
Correlation between USDollar and US500 is that if the USDollar falls, the US500 pumps.
Right now I have a monstrous position in the US500 that continues to grow bigger each dip using my algorithms and am looking for a finishing pump that forces it over $5400 to allow me to take some profit from Main-Hold positions that have accumulated over the past 2 years.
If I am correct AUDUSD + US500 will both climb higher.
Current US500 equity gain %.
gyazo.com/e3df02b274...2b61b1937fb0425703d0
Goodluck world.