Short Term Trading Weekend Lounge: 2-4 Nov, page-44

Why the drive for no correlation? Are you trying to hedge your bets against a bear market?

I'm on a similar path but will be looking to trade Forex in addition to ASX STT (And the longer term SMSF stuff). I worry I'll get too distracted, and potentially start to fail at STT due to lack of focus, but can always reign it back in if that happens I guess. If you ever look into Forex/CFDs i'd be very interested to hear if you think the TA skill set still applies to those instruments? I was looking into it the other week (not that I focus on technicals) and from what I saw, supports, resistances, trends, etc. were all commonplace in Forex as they are on ASX. Affected more by macro markets than company updates obviously, but the degree to which they are impacted as a % is so small that it looks like technicals seem to prevail above FA? Like I said i'm no expert on technicals but always occurred to me that technical traders would fare well trying to enter Forex.


Best of luck whatever path you take Keen to hear how it all pans out for you