Best Thread Correlation Trading - Basic Ideas and Strategies

[MichaelJohnFX]

More than happy to post some of my weekly outlook videos in this thread, if it helps? Will post charts when i can too. Been a pretty decent week on the JPY crosses. Had to grind em out though.

 

[NVP]

A BIG BIG THANK YOU ...

to everyone who has donated to buy my FixStart Indicator ...

ive just noticed we've hit over £1,000 (including gift aid)

Ive had a lot of great feedback for it .....and im happy its helping a lot of traders in their forex analysis

well done again gang ..... im proud of you !

N

Virgin Money Giving | Virgin Money UK

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

uk.virginmoneygiving.com

 

[NVP]

More than happy to post some of my weekly outlook videos in this thread, if it helps? Will post charts when i can too. Been a pretty decent week on the JPY crosses. Had to grind em out though.

Hwy MJ

welcome back to T2W

.....sure the more the merrier ....DentalFloss is a regular contributor as well....

just keep it forex if ok ?

N

 

[MichaelJohnFX]

Hwy MJ

welcome back to T2W

.....sure the more the merrier ....DentalFloss is a regular contributor as well....

just keep it forex if ok ?

N

Yeah no probs - I only trade forex these days anyway

 

[NVP]

well done the goldbugs so far....with usd in decline from late march its been unstoppable

my Free goldmeters been doing ok as well - its on T2win here

https://www.trade2win.com/threads/fxcorrelator_goldmeter.157250/#post-1960500

 

[NVP]

my goldmeter is basically a variation on relative strength ...I value gold based on a basket of currencies and then trade it when basket gold value is above zero and USD index is below Zero on applied MA's (or vice versa) .....simple but very powerful - see the link in last post here https://www.trade2win.com/threads/fxcorrelator_goldmeter.157250/#post-1960500

 

[NVP]

Yeah no probs - I only trade forex these days anyway

SNAP ....

 

[MichaelJohnFX]

Few interesting setups next week. Looking like a bullish start to the week for DXY and EUR... Do like the look of USDCAD the most

 

[Dentalfloss]

Updated

 

[Dentalfloss]

 

[NVP]

Forex Diary 23rd Nov 2020

nice start to the week !

spurs are top of premiership and the Red GBP has a solid Bull Asian Session then breaches up hard into the European open

too easy .... GBP buys across the board

 

[NVP]

What 1 question do i ask a trader when reviewing their performance ?

(and its not how much money did you make)

#1 - Did you Trade your trading plan to the letter on every single trade ?

if you did then we are making progress ....if you didn't then come back and see me when you can ...i dont give 2 figs about profitability until you can follow the first rule of trading

Follow the Plan

listen :-
I can make your forex pair choices better
I can make your trading entries / exits better
I can make your money management better

But i cannot make you money if you dont follow the damn plan 100% of the time !

Just Give me flawless execution 100% of the time ....and you will become a profitable trader in time

 

[Dentalfloss]

 

[Dentalfloss]

A bit out on the rez area...who cares

 

[Dentalfloss]

Ditto

 

[Dentalfloss]

In our rez area...Again

 

[Dentalfloss]

Yes sir

 

[Dentalfloss]

Gettin some buyers

 

[Dentalfloss]

 

[Dentalfloss]

1.1892 worked well...Again