Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

My free and simple FXCorrelator created in 2000/2001

 

[NVP]

Forex Diary Week ending 8th April 2022

Bulls
Orange AUD and Green USD

Bears
Yellow JPY and Blue EURO were the most prevalent sells

some nice moves this week - good solid Range moves as well....

Correlations went a little astray this week - but you have to work with what you have (Read my charity eBook chapter on correlation).....

my NEW 100 page Charity Forex eBOOK is now available here for just a £15 donation to charity (more if you can manage it please ) - I reveal one of my best trading systems and my 22 year strategy / approach to trading forex relative strengthmeters - (See preview attached)

https://www.justgiving.com/fundraising/fxcorrelatorhelp

Neil
NVP

 

[NVP]

The FX PowerScanner is live !

Hey guys

I've been wanting to publish this indicator for a long long time, and needing even more charitable donations to the Ukraine appeal seemed like the PERFECT time to launch!

working closely with John Skinner (who is the most talented programmer I have ever worked with in my 22 years forex trading) we have published a special version of this powerful strengthmeter Tool.

see more details here :-

FX PowerScanner - Ukraine disaster fund

Help neil prior raise money to support British-Ukrainian Aid

www.justgiving.com

i'm happy to answer more questions here if needed , but this strengthmeter automates all the work that my manual Strengthmeters are doing - and more !

its also the perfect partner to my "Trading my way" eBook that also released exclusively for Ukraine charities in march 2022.

FXCorrelator.com - Ukraine disaster fund

Help neil prior raise money to support British-Ukrainian Aid

www.justgiving.com

So go donate and get them both ....and help the ukrainian people as well....please!

Good trading !
Neil (NVP) and John Skinner (JS)

 

[NVP]

my FX PowerScanner has now been launched and is available for a small donation to charity

heres a video and 8 winning trades in a row on USDJPY on the 1 hour timeframes - not hard if you are following the best trending pairs (in fact i shouldnt really be even trading UJ but thats another story)

FX PowerScanner - Ukraine disaster fund

Help neil prior raise money to support British-Ukrainian Aid

www.justgiving.com

have a great Easter weekend!
N

 

[NVP]

the FX PowerScanner works on all timeframes

heres the 1hr and ive shown a snapshot from 11 bars ago (you can do that) and where it is now as i write this post (6pm)

Notice the AUDUSD is stilll in top 7 ? and gone to Alpha Bear !

grerat thats 2 clear trades my system triggered today and ive shown them on 5 min in second image

all in my eBook - charity donation needed though !

FX PowerScanner - Ukraine disaster fund

Help neil prior raise money to support British-Ukrainian Aid

www.justgiving.com

have a good weekend
N

 

[NVP]

Forex Diary Week ending 15th April 2022

Bulls
Red GBP - then Green USD, Grey CHF and others

Bears
Yellow JPY - possibly Blue EURO but not signiificant

some nice moves this week selling JPY - good solid Range moves as well....

the other image attached is my NEW FX PowerScanner available for a small donation to charity.....its an amazing indicator built with my programming partner John Skinner that we use to monitor and trade forex relative strength

for the week on the daily Default settings we saw

GBPJPY (Bull) goes to #3 in the charts (from #6 last week)
NZDUSD (Bear) comes into the top 7 at #6
we lost NZDJPY from last weeks top 7

heres the charity links to these amazing indicators (why pay £000's for Forex training and fake indicators ?)

my NEW 100 page Charity Forex eBOOK is now available here for just a £15 donation to charity (more if you can manage it please ) - I reveal one of my best trading systems and my 22 year strategy / approach to trading forex relative strengthmeters

https://www.justgiving.com/fundraising/fxcorrelatorhelp

the new FX PowerScanner - an amazingly accurate way to monitor and trade all 28 pairs......only trade the best trending pairs ! - the indicator and 80 page eBook is here

https://www.justgiving.com/fundraising/fxpowerscanner

Neil
NVP

 

[NVP]

heres the FX PowerScanner on 1hour default settings overnight

GBPUSD is top 7 pair and 2 great trades on 5min TF so far since it went top 7 on my1Hr FX PowerScanner charts
(in grey)

the FX PowerScanner is a brilliant tool and is available by simply donating a small amount to the ukraine charities - learn something and also help people - please dont give it all to the online "Educators" that are selling promises and dreams - for thousands of pounds

FX PowerScanner - Ukraine disaster fund

Help neil prior raise money to support British-Ukrainian Aid

www.justgiving.com

N

 

[NVP]

I have just been warned by the moderators about continuing to promote my charity indicators here

and will comply

thank you to everyone who has supported me and so far we have raised nearly £1,000 for the Ukrainian people

I will desist from promoting any charitable work i am doing now and await an update from the moderators as to what i am allowed to do here on trade2win

many thanks again everyone -
N

 

[NVP]

scalping AU at moment

my FX PowerScanner has it in the top 7 of the 1hours on default settings

only pair with decent spread for scalping in that group

N

 

[Trader333]

I have just been warned by the moderators about continuing to promote my charity indicators here

This is misleading, you were warned for posting the same links in every post which is no different to spamming the boards with multiple copies of the same content which contavenes T2W duplicate posts / content rules.

 

[NVP]

This is misleading, you were warned for posting the same links in every post which is no different to spamming the boards with multiple copies of the same content which contavenes T2W duplicate posts / content rules.

apologies for the misunderstanding T333

N

 

[NVP]

scalping AU at moment

my FX PowerScanner has it in the top 7 of the 1hours on default settings

only pair with decent spread for scalping in that group

N

comfortable winners in here - job done

and AUDUSD moves to #2 in ranking

N

 

[NVP]

live european session - Euro is a hot buy

heres EU - best spreads for scalping ...its #1 on 1 hourly FX powerscanner

and will come again soon....ive already had a few scalps out of it earlier

 

[NVP]

USD is a Hot buy at the moment ...ive got 4 pairs in my top 7 FX powerscanner

heres GBPUSD in the last few hours and I had 2 trades signalled ...trade 1 was a beauty.....trade 2 was a risk play as i had already seen the GBPUSD pair drift into overextended areas ...and it still is there - so no trading if you want to preserve profits

decision decisions

N

 

[NVP]

Forex Diary Week ending 22 april 2022

Fix start indicator shows the major movers here and the FX PowerScanner is on a daily default setting

Bulls
Brown CAD , Blue Euro & Green USD late in week

Bears
huge Yellow JPY , a little grey CHF and late appearence from Red GBP on Friday

some great moves this week - I was attacking JPY sells earlier in the week then got busy buying USD in pairs later on thursday / friday (See my earlier posts all this week)

on the FX PowerScanner (slide 2) - i've shown how good that GBPUSD move was and how fast the GBPUSD pair came up the Rankings from Sunday 17th to close of business yesterday

have a great week
N

 

[NVP]

working European session on usd pairs (lowest spreads)

GU - going well
AU - struggling now

the FX PowerScanner on default 1hr TF tells me what to be hitting

N

 

[NVP]

back in AU and GU sells

re-entries around

2755 GU
7185 AU

 

[NVP]

just concluding the trading day so far ....

I have GU and AU still in top 7 rankings on the 1 hr timeframe ...but they've eased off the values and rankings as the yen bull has dominated the action so far today

GU been down to 2703
AU been down to 7134

so theres been plenty of opportuities to grab pips

N

 

[NVP]

heres my FX PowerScanner charts for last 3 hour TF bar closes...

what are you trading ?

im hitting euro sells HARD !!!

N

 

[NVP]

JPY getting destroyed on asian and european sessions....