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tnm

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Alias Born 12/08/2004

tnm

Re: LMRI T/A post# 782

Tuesday, 06/28/2005 6:02:31 PM

Tuesday, June 28, 2005 6:02:31 PM

Post# of 918
Thanks LMRI...

Yeah, you buy eur you sell $. But the eur/usd graph is exactly the opposite of the usd/chf graph. So you're effectively either buying or selling the $. I just thought it interesting that the when the eur/usd chart is climbing, the usd/chf chart is falling. I didn't realize eur and chf were that closely related. the usd/yen, and nzd/usd aren't, nor are the usd/cad and gbp/usd.

I use FXCM, and they let you pull up simultaneous charts, and that's when I noticed the nearly inverse correlation. Maybe that's true with the other currencies as well, I just hadn't noticed it. I was looking for commonality among currencies, such as common lows and cycle duration. With the 24 hour operation it looks as if the hurst cycles are compressed, making them more in line with the nominal cycle, but I haven't worked with it enough to say for certain that there's commonality among the currency pairs.

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