Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

gotta go out now and not back till much later gang

EU has been steady for me today ...got about 4-5 decent scalps off it since 6am

back later

 

[NVP]

sorry gang ....tied up today ....hopefully can trade tomorrow

 

[NVP]

hey all

apologies - yesterday i was working on some start up stuff ....just lost track of time re my trading committments

today the market has been pretty solid

GBP has been selling well....yen and USD been solid bulls , Euro Bear/flat

so my favourite london opening pair was in action ...Cable selling

i love cable when its correlating well in the G8 market .....i feel so much more confident in my trading as i know i have enormous odds in my favour

easier below that Asian R level at 2900....must confess i was selling it even prior to that i was so happy with dynamics .....its eased at moment but i will go back in again ...no issues with that

N

 

[NVP]

2892 levels looking promising to resell cable

 

[NVP]

usd is falling hard now so making this trade very unpalatable

EU buys are really looking good

 

[NVP]

cable struggling at 2895 toi go bull ....will sell soon if this holds

 

[NVP]

went at 94 ....may pay for that if cable kicks back up as final stop hunt

 

[NVP]

ok got to 2888....lets see if we can hold this turnover

 

[NVP]

i took a 5 pip scalp ....no complaints ....will step back again

usd is flatlining .....so not much on table at moment

 

[NVP]

took another resell of cable at 92 ....

 

[NVP]

urrr.....took 1 pip.....its tooo damn choppy

 

[NVP]

back later .....the best of morning already gone when Cable sold off so nicely

im just chasing smoke here .....

 

[be-positive]

dude you are still drinking to much coffee

 

[NVP]

usd is falling hard now so making this trade very unpalatable

EU buys are really looking good

Euro came bull hard after i took a break .....been best trade since....above 1590's (to 1610 so far) were safest entries so far ...ballsy plays if you got in below that gang ...respect

USD still bearish
Euro went bull
GBP has faded north*
yen has fallen but pretty neutral for morning now*

dont write of Cable for a final resell pre NY opens*

 

[NVP]

dude you are still drinking to much coffee

decaf for last 3 years ...another of my wifes commandments if i wanted to keep trading

N

 

[NVP]

trying to work EU rebuys off that 1586 level

 

[NVP]

its against the NY open action but couldnt resist it

 

[NVP]

1592 so locked in for small profits

 

[NVP]

Cad the main Bull from NY opens

usd also went bull from NY opens ....

gbp and euro net sells .....

yen been selling as well

im fooling about trying to kid Ucad to bounce off that 3012 level against the trend ....but pretty done elsewhere ...done ok today

N

 

[NVP]

my last trade today will be UCAD scalp above 3014 if it triggers