Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

NFPs were wet weekend in market ...only Cad really moved much (bull)....

ok so as we sail into the weeks sunset ive been seriously out of cable (as USD and GBP are bull today)

mainly working the Aussie and Kiwi into USD (Sells)
and Euro sells into Yen

in fact selling Australia into Japan is the best move but i like tighter spreads

have a great afternoon....Cad too lively to trade for me

N

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

Still king

 

[Pat494]

Looks like cable may bottom out soon and then...………...up and away imho

 

[NVP]

hey all

ok bit of a lively morning ....GBP was certainly swinging around .....

im doing ok ....if i had been more aggressive on the cable buys i would be better ....butthen who said it was going to swing so much ?

N

 

[NVP]

Still king
View attachment 274347

dollar is on fire alright ....

 

[Dentalfloss]

Minor overbought

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

Will it hold.?

 

[Dentalfloss]

Gettin near to a trend break

 

[Dentalfloss]

 

[Dentalfloss]

 

[NVP]

hey all - thanks to DF for all the USD indications .....

decent USD action brings much better results to the forex daytrading table

ok slow start ......im selling cable at present ......bit tight at times .....remember I do not generally trade/trigger off 5 min charts so this is just an indication to traders of where i am

N

 

[Dentalfloss]

Potential supp area brewing...lets see

 

[Dentalfloss]

 

[Dentalfloss]

 

[NVP]

been buying cable from 2922's...pretty crazy so far ....i hate having to shift bias in a trading session

cable is one of the few currencies i generally need to do it on .....perhaps yen pairs at times .....

N