Best Thread Correlation Trading - Basic Ideas and Strategies
NVP
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heres my take on Euro and USD and a view of the whole G8 .....on daily's
I was responding to a trader mate and commentator at FF who also comments and works for some broker houses
he uses Market profile heavily in his style ....something i have yet to master ....i find it very interesting as a strategy
hey Petar ....great news on the Website - good luck with that
heres a snapshot of the G8 currencies on one of my customised Strengthmeters
its baselined from 1/1/2018 so you can see where all the G8 are re 2018 performance
you can see the Blue Euro is languishing with the brown CAD and Red GBP as the dog of the G8 Group
the superstar bulls are the green USD and the yellow Yen .....
nobody knows what will happen next .....but I really need the Blue Euro to show me a little more before i would decide if it is indeed continuing to sell or is in fact consolidating into more gains off its yearly low in November ......so nothing here to call on EU at this T/F
sorry thats not a call .....i trade this kind of pattern style across all timeframes and especially when scalping (which is 90% of my trading these days) ....so i can afford to wait as the best trade signals come to me .....
Good trading
Neil
I was responding to a trader mate and commentator at FF who also comments and works for some broker houses
he uses Market profile heavily in his style ....something i have yet to master ....i find it very interesting as a strategy
hey Petar ....great news on the Website - good luck with that
heres a snapshot of the G8 currencies on one of my customised Strengthmeters
its baselined from 1/1/2018 so you can see where all the G8 are re 2018 performance
you can see the Blue Euro is languishing with the brown CAD and Red GBP as the dog of the G8 Group
the superstar bulls are the green USD and the yellow Yen .....
nobody knows what will happen next .....but I really need the Blue Euro to show me a little more before i would decide if it is indeed continuing to sell or is in fact consolidating into more gains off its yearly low in November ......so nothing here to call on EU at this T/F
sorry thats not a call .....i trade this kind of pattern style across all timeframes and especially when scalping (which is 90% of my trading these days) ....so i can afford to wait as the best trade signals come to me .....
Good trading
Neil
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NVP
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prepared this on sunday but couldnt get it onto youtube until today ....N
https://www.youtube.com/watch?v=2fa16uQeddA&feature=youtu.be
https://www.youtube.com/watch?v=2fa16uQeddA&feature=youtu.be
NVP
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hey all
nice morning on the markets ..been trading away
GBP has been weak off the current drama and rumours since the agreement ratification by the Eurozone.....
Ive been mainly selling Cable this morning ....full stop
anything below 2800 is easy meat ............been to 2730s so far ....a little rangy now .....if it breaches back into the low 2750s i may be back on sell hunt
N
nice morning on the markets ..been trading away
GBP has been weak off the current drama and rumours since the agreement ratification by the Eurozone.....
Ive been mainly selling Cable this morning ....full stop
anything below 2800 is easy meat ............been to 2730s so far ....a little rangy now .....if it breaches back into the low 2750s i may be back on sell hunt
N
NVP
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morning all...
still twitchy on london opens so far .....
GBP is twitching ,mainly bull so far
Euro and CAD solid sells
usd and yen are rangy......net bull at moment
mainly on EU / EJ sells so far ..if Cable shapes up into sells i will go cable as well
still twitchy on london opens so far .....
GBP is twitching ,mainly bull so far
Euro and CAD solid sells
usd and yen are rangy......net bull at moment
mainly on EU / EJ sells so far ..if Cable shapes up into sells i will go cable as well
NVP
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waiting for Dow to commence ...........
UCAD is the buy at moment ..........cable obviously falling ..depends how much you want to remain loyal to the days action / Trend on Cable so far .... its only just got back to london open prices
so stay loose
UCAD is the buy at moment ..........cable obviously falling ..depends how much you want to remain loyal to the days action / Trend on Cable so far .... its only just got back to london open prices
so stay loose
NVP
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ok had enough today........us session has seen usd fall nicely
ive been fooling with some other systems alongside scalping .......
one of my other more interesting systems (not really G8 strengthmeter focused) is flagging up a strong signal to short EJ .....129.05-10 as tight tight S/Loss and go in sub 128.85
its not really correlating to my Strengthmeter signals but it generally does ok this one ....hmmm
N
ive been fooling with some other systems alongside scalping .......
one of my other more interesting systems (not really G8 strengthmeter focused) is flagging up a strong signal to short EJ .....129.05-10 as tight tight S/Loss and go in sub 128.85
its not really correlating to my Strengthmeter signals but it generally does ok this one ....hmmm
N
NVP
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hey all
quite happy selling Cable this morning as best pair in the pack for london so far
happily scalping down from 2830s to 2760s so far .......its eased a lot at moment but sill try to get in again if offered ....it needs to be firmly back in 2760s to tempt me ....
quite happy selling Cable this morning as best pair in the pack for london so far
happily scalping down from 2830s to 2760s so far .......its eased a lot at moment but sill try to get in again if offered ....it needs to be firmly back in 2760s to tempt me ....
