Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

reselling cable from 2793/4 ...to 2784 so far

2759....excellent

 

[NVP]

hey all

this was published hours ago but didnt seem to stick - sorry (posted at 7.30 on forex factory and my website)

ok slow start so far with gbp quiet

playing euro sells into usd so far .... slow pips

N

 

[NVP]

update ....

log dragging session .....EU got down to 1.1100s

USD had a solid bull start bit has come off and is flatlining at moment ...ZZZZZ

Euro stil lalpha sell .....AUD the alpha Buy

GBP is net bull but not playing nice at times ......

hopefully get more fun later
N

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

Updated

 

[Dentalfloss]

 

[NVP]

hey all

nice action so far today .....cable selling sweetly

N

 

[NVP]

thanks for all the many kind responses and comments regarding my free forex material and ideas on using strengthmeters in forex trading.....nice to know the last 20 years hasn't been wasted !

ok trading is still pretty hard guys ......even experienced traders take losses at times ...its inevitable ...its business ...its part of the game ....

if you cant accept it then dont trade ...full stop ....go elsewhere and make your money ....no disgrace and no shame

we are all different ....

N

 

[NVP]

ok its choppy in last hour or so .....painful ...knife edge scalping trying to sell cable and nothing that obvious coming as buy opps into a rising usd at present

look at lower left chart on fxcorrelator 20 ma on 5 min ...see the convergence of 8 lines ? ...DONT TRADE !!!

this is where all inexperienced traders hand back their profits .....so tighten up in what you do ...or simply step away from market ....

but do something different ......and recognise the market has tightened

dont just keep doing the same things as a trend market ...you will lose

N

 

[Dentalfloss]

our supp line was a tad out
nice double bottom @ 1.2770

 

[Dentalfloss]

 

[Dentalfloss]

Updated

 

[Dentalfloss]

Minor overbought and in a pivot area

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[NVP]

london market dead at moment ...back later

 

[NVP]

hey all

heres an update ...around 8am GMT i finally got off my butt and got busy

buying gbp and yen into usd sells

Trading is about waiting ........try that when you are scalping ...its agony !!

N

 

[Dentalfloss]