Hi Aldion,
ICT referred to it as 'usdx triad divergence' or a breakdown in usdx,bonds10yr, 30yr ( I think were the three) - a heads up on longer charts of possible change ahead.
He referred to Moores as being a good for season tendency research, I doubt if the correlation page even existed back then.
Obviously he talks about correlation concepts in his smt divergence analysis and often the correlation between fibre and cable, but also the many other correlation between various crosses and asset classes that exist.
There was a time back, maybe about a year ago,that the correlation broke down between fibre and cable for about 8-10 wks, when that was happening he mentioned to use a different cross such as eur/gbp - the mrci page had already alerted to the break down, also alerted when correlation was back on track.
L. Williams spoke of the difficulty of trading without a system that has a 'A' and a 'B'.
The rule of logic, he said, was that you cannot predict the action of 'A' with 'A', i.e. predict price with price.
He argued the importance of introducing a 'B' in your analysis, thus, for example he suggested looking at the s&p and it's relationship (correlation) with the bond market, he had a little system which bought the s&p on a 14day break out of the bond market.
Do I use correlation? - yeah, my own little 'A' on 'A' system (based on ICT's Asian Session and that hard to spell word - equilib..... - was telling me to buy fibre Mon morning, it was also telling me to sell cable.
(caused by the higher high on Fri Asian Fibre, not replicated in cable )
That kept me out of those two on Mon, Tue was ok, back in sync.
Do I use the mrci page? - yep, I like learning and seeing changing correlations, I want to develop a good 'A' on 'B' system for shorter term trading - I know it may not be easy but I'm convinced it's doable.