FX:SPX500   S&P 500 Index
Due to the my recent interest in the USD i was moved to compare the relationship between the USD currency and the SNP500. The main reason is which pair should or could be a basis or somewhat indicator of a move on other pairs in the market. Many traders use the SNP500 for such purpose.
As shown in the chart regardless of the price.. we can see that for a position trader the relationship of this pair is proportional.
However for a small account or even a micro account, the difference in the proportionality of this two pair is too large and will definitely take you out on your trade.
My conclusion is that like the SNP500 the USDindex can be used as a indicator for trading other MAJOR pair and even other commodities .

Pls             . Comment on what you think about this.
You can add me in twitter and write your observation of what you think is wrong.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out