Best Thread Correlation Trading - Basic Ideas and Strategies

[Dentalfloss]

Updated

 

[NVP]

Forex Diary 30th Oct 2020

indicator

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too easy today ....GBP came bull and its then scalping the most appropriate GBP pairs
since i'm on low timeframes the usd is attractive because of the lower spreads

if i were trading higher timeframes to trade the weeks moves i would happily select any pair as the spreads are not so critical for profit.....

have a good weekend
N

 

[Dentalfloss]

 

[Dentalfloss]

A demo

 

[Dentalfloss]

Demo

 

[Dentalfloss]

Will it hold.?

 

[NVP]

hammering Cable buys and UCAD sells at moment

cable at 2931 rebuys looks good ....

 

[NVP]

BOOOM......

 

[NVP]

ive really done ok on cable so far with about 5 good scalps ...lets see if this holds '

 

[NVP]

dont ever wait to long on a trade .....get out if it stalls

 

[NVP]

ok one more try then im gone .....

 

[NVP]

nice gap up....

 

[NVP]

ok for trading Cable this is way way beyond acceptable as a move ...its far to slow ......

 

[NVP]

im letting it run but will be out in a flash if it rejects 2935

 

[NVP]

i took 33 as this is far too slow ......im a scalper and welcome to the real world of trading

no BS here ......glad to have shown you a B/E trade ....plenty of them pan out better than this guys

N

 

[NVP]

POST MORTEM

yep there was a 6-7 pip scalp there i pulled out on a B/E .....but thats trading .....i miss plenty but save a lot of bad trades with my instincts and experience ....

im not looking to hit big every time .....i just need 4-5 good scalps a day and they were already in bag earlier

trade safe and smart my friends .....no FOMO here

N
imagine that - a trader showing you he missed a trade !

 

[NVP]

POST POST MORTEM

i came back in at 2923.....couldnt resist

5 pips scalp and took it ...see how fast the 3 bars were ?

 

[NVP]

Forex Diary 2nd Nov 2020

READ THE MARKET

ok aside from my scalping adventures on Cable earlier I was also doing some great trades on CAD bull today ....my indicator shows why

DON'T TRADE NON TRENDING CURRENCIES .....its dumb !

Brown CAD was Trending from early london Session this morning .....so team it up with bear currencies and get to trading it !!!!

Green USD is my goto scalping currency......steady pips selling UCad today at times

Trading is simple if you have the right tools - my indicator is here (small donation to charity)

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Credit cards, Mortgages, Savings, ISAs, Investments and Insurance – Our quest to make banking better starts here

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I'm not gaining anything personally .....just trying to help forex Traders make a buck instead of 95% failing miserably...you dont deserve the absolute garbage being now sold on social media ......i'm lucky i've already had 20+ years in forex ...so just warming up !

 

[Dentalfloss]

Cable in a wide supp area
Trend is down

 

[Dentalfloss]

Buyers in with a chance...If supp holds