Gold – Dollar big change in correlation?
Posted 11-06-2009 at 04:17 PM by Black Swan Capital
We recently warned of the potential for changing correlations, no sooner was the ink dry than we noticed a a big one concerning gold and the US dollar index…
Click here for today’s audio/video Currency Currents
Have a great weekend.
Jack Crooks
Black Swan Capital LLC
www.blackswantrading.com
Click here for today’s audio/video Currency Currents
Have a great weekend.
Jack Crooks
Black Swan Capital LLC
www.blackswantrading.com
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Bio: John (Jack) Ross Crooks Jr. is the president and Chief Trading Officer Black Swan Capital. Mr. Crooks has nearly 20 years experience in the currency, equity, and futures arena. Jack is a seasoned investment advisor who has held key positions in brokerage, money management, trading, and research. Mr. Crooks was also founder of Ross International Asset Management and General Manager of Plexus Trading, a discretionary money management firm, Ross International specialized in global stock, bond, and currency asset management for retail clients. Prior to entering the investment arena, Jack held various corporate finance positions. Mr. Crooks has written extensively on the subject of global currencies and international economics.
Trading Methodology: Black Swan's approach rests on three areas of analysis: fundamental, technical, and sentiment. Black Swan analyzes macro economic variables to develop an underlying theme. Black Swan also uses pattern recognition, wave analysis, oscillators, and inter-market correlations when examining price analysis over multiple time-frames. Prior to making a recommendation, Black Swan establishes risk/reward parameters by defining a stop-loss and a target for the position-vital to long-term success.
_________________
John Ross Crooks III
Black Swan Capital
*No warranties or guarantees are made with respect to the content contained herein. The website and the guests on this site do not take into account the investment objectives, financial situation or particular needs of any particular person. The advice and trading ideas provided on this website are for informational purposes only and are not intended as a trading ideas. Under no circumstances does any advice or trading idea contained herein constitute a solicitation to buy and sell currencies. We do not endorse and cannot vouch for any of the guest traders on this site.
Trading Methodology: Black Swan's approach rests on three areas of analysis: fundamental, technical, and sentiment. Black Swan analyzes macro economic variables to develop an underlying theme. Black Swan also uses pattern recognition, wave analysis, oscillators, and inter-market correlations when examining price analysis over multiple time-frames. Prior to making a recommendation, Black Swan establishes risk/reward parameters by defining a stop-loss and a target for the position-vital to long-term success.
_________________
John Ross Crooks III
Black Swan Capital
*No warranties or guarantees are made with respect to the content contained herein. The website and the guests on this site do not take into account the investment objectives, financial situation or particular needs of any particular person. The advice and trading ideas provided on this website are for informational purposes only and are not intended as a trading ideas. Under no circumstances does any advice or trading idea contained herein constitute a solicitation to buy and sell currencies. We do not endorse and cannot vouch for any of the guest traders on this site.
