After a quick drop at the open today (Monday) the markets have turned green (the DOW is still slightly in the red) but the TICK is trending negative so it's anybody's guess at this point. More at the end of the day.
Continuing our look at investment alternatives, here's a pairs perspective on several countries versus their currencies. It would logically seem that there's a high correlation between a country's economy and its currency although factors such as debt, trade balance, GNP, etc, etc, have to be factored into that equation.
While some country/currency pairs appear to provide only a marginal trading edge there are a few that sparkle like nuggets and here are three: Japan, Australia and Europe.
These are not optimized settings and application of some basic money management time stops can improve returns in all examples shown.
NOTE >>>> MO2 pairs algorithms are somewhat different from Market Rewind and the results may vary for those who try to recreate these results on the ETFP platform.
