Macroeconomic trends are represented in higher time frame charts. The trend and price analyses held secret opportunities for traders in lower time frames. I explain how I assessed the probabilities in my own unique methodology.
In the screencast I start off with the USDollar index and look at the Yen.
The US Dollar strength affects 'everything': forex markets, stock markets, and commodities. There are inverse correlations.
Most of the times the DAX doesn't like a strong Euro, Wall Street doesn't like a strong Dollar, and the NIFTY doesn't like a strong rupee. There are reasons for...