US Dollar and 2010 Market Direction

Forex Charts: US Dollar Index, Euro and Gold (10:08)

First video for 2010 – US Dollar Index, Euro and Gold. These markets are obviously correlated but they also help show the way for equity indices and the Emini.

My broad market theme remains unchanged – bottom in US Dollar has been put in and we should see the reversal of the “risk” trade this year with weakness in Equities and strength in US Treasuries. However, a potential Emini roll over is developing slowly. In the meantime, Emini day trading opportunities abound!

Personal note: Left Biarritz, France, after 3 months. Spent a gruelling 3 weeks in freezing London with no trading or Emini-Watch.com updates. Now in Kauai, Hawaii, for 2 months and settling into a routine again.

Good luck with your Emini trading.