BarroMetrics Views: The GBPJPY & ES Correlation
From 2004, the GPBJPY and the S&P pair have exhibited a correlation of 83.4%; from 2007 that correlation has been 93.0%. The more interesting aspect of the correlation is that the GBPJPY usually leads the S&P for swings of a 13-week magnitude by at least 10 weeks to 14 […]

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BarroMetrics Views: AUD/USD Setup?
In Nature of Trends,  I speak about Forecasting Patterns - patterns that take place in one timeframe but forecast a change in trend in the next higher timeframe. For example, the pattern appears in the 5-day swing (weekly trend) and forecasts a change in trend in the 18-day swing (monthly trend).
One generic […]

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BarroMetrics Views: Is Gold Sending A Warning?
In his latest issue of  Shadow Stats, John Williams says: “A confluence of signals has aroused my gut instincts of an intensifying systemic liquidity crisis, and possible pending reaction by the Federal Reserve and/or the U.S. Treasury”.
If you want to know his reasons, you’ll have to subscribe to the […]

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BarroMetrics Views: High Maths and the Trader
Due to a recalcitrant  nature, my secondary education was sadly lacking so far as  physics, chemistry, alegbra, arithimetic and geometry were concerned: from Form 1 to Form 5, I never passed a single exam in those subjects. Indeed, I had to ‘escape’ to Sydney to have a chance at […]

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While the S&P cash is not providing an 18-day (monthly trend) sell signal, this is not the case with Crude Oil. In fact my current trade is the first trade with a ‘normal’ size position since March.
Figure 1 is a monthly chart of crude going back to 1975 and is provided for perspective.
We see […]

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