Best Thread Correlation Trading - Basic Ideas and Strategies
NVP
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NVP
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Forex Diary Week ending 1st July 2022
Bulls
Brown CAD, Grey CHF , Yellow JPY , Green USD all at times ......
Bears
Yellow JPY (both sides) , Red GBP
on the 1 HR TF FX Powerscanner (left indicators) we have a Bear GBP dominating top 7 pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
a great weeks trading .....if you follow the right currency pairs !
N
Bulls
Brown CAD, Grey CHF , Yellow JPY , Green USD all at times ......
Bears
Yellow JPY (both sides) , Red GBP
on the 1 HR TF FX Powerscanner (left indicators) we have a Bear GBP dominating top 7 pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
a great weeks trading .....if you follow the right currency pairs !
N
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NVP
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Forex Diary Week ending 8th July 2022
Bulls
Orange AUD, Turquoise NZD, Green USD all at times ......
Bears
Blue Euro, Yellow JPY early in week
on the Daily TF FX Powerscanner (left indicator) we have a Bear Euro dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
was a decent week if you followed the relative momentum in the market
N
Bulls
Orange AUD, Turquoise NZD, Green USD all at times ......
Bears
Blue Euro, Yellow JPY early in week
on the Daily TF FX Powerscanner (left indicator) we have a Bear Euro dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
was a decent week if you followed the relative momentum in the market
N
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sugarlandFX
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Why are traders still using indicators?
NVP
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because a few actually help you make money ...like the FXpowerscanner ...but my posts here are restricted due to the rules of the Forum
N
NVP
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Forex Diary Week ending 15th July 2022
Bulls
Green USD, Grey CHF, Turquoise NZD all at times ......
Bears
Blue Euro, Red GBP then Yellow JPY later in week
on the 4H TF FX Powerscanner (left indicator) we have a Bear JPY dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
overall a decent week if you followed the rules and watched market structure.....
N
Bulls
Green USD, Grey CHF, Turquoise NZD all at times ......
Bears
Blue Euro, Red GBP then Yellow JPY later in week
on the 4H TF FX Powerscanner (left indicator) we have a Bear JPY dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
overall a decent week if you followed the rules and watched market structure.....
N
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NVP
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Forex Traders !
if youre not selling yen this year.... then what planet are you on ?
heres a Yen index vs. my popular Fix Start indicator .....patterns look familiar ?
with a fix start of 1st Jan 2022 - by mid march the Yellow JPY went Alpha Bear against all other currencies and its never looked back
sure the Red GBP is trying ......(cant imagine why its bear as well) ......but JPY is absolutely getting destroyed so far this year
(oh yeah and that Greenback USD seems to be the Alpha Bull so far)
but for how long ? ................how the hell do i know ? - i just trade it !
N
if youre not selling yen this year.... then what planet are you on ?
heres a Yen index vs. my popular Fix Start indicator .....patterns look familiar ?
with a fix start of 1st Jan 2022 - by mid march the Yellow JPY went Alpha Bear against all other currencies and its never looked back
sure the Red GBP is trying ......(cant imagine why its bear as well) ......but JPY is absolutely getting destroyed so far this year
(oh yeah and that Greenback USD seems to be the Alpha Bull so far)
but for how long ? ................how the hell do i know ? - i just trade it !
N
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sugarlandFX
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I will not EVER use indicators again. They simply are not needed to trade any market. EVER!
NVP
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Forex Diary Week ending 22nd July 2022
Bulls
yellow JPY , Brown CAD , Blue Euro all at times ......late run on JPY was a huge swing
Bears
Green USD then Yellow JPY later in week.....see huge swing play above on thrursday
on the 1H TF FX Powerscanner (left indicator) we have a Bull JPY dominating the top pairs ....telling my traders where to be ........
on the Fix start indicator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
overall a decent week if you followed the rules and watched market structure.....just be consistent in your trading - thats the secret .......no BS
N
Bulls
yellow JPY , Brown CAD , Blue Euro all at times ......late run on JPY was a huge swing
Bears
Green USD then Yellow JPY later in week.....see huge swing play above on thrursday
on the 1H TF FX Powerscanner (left indicator) we have a Bull JPY dominating the top pairs ....telling my traders where to be ........
on the Fix start indicator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
overall a decent week if you followed the rules and watched market structure.....just be consistent in your trading - thats the secret .......no BS
N
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NVP
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ok S......good for you ......all traders are different ....as long as you are making money its all good ....22 years in forex and ive seen people making consistent money with some amazing systems ...all different ........thats why trading is so interesting to me ...... im always learning new stuff every day from my traders and others I follow
NVP
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Forex Diary Week ending 29th July 2022
Bulls
yellow JPY , Red GBP ......late run up on JPY was a huge swing
Bears
Yellow JPY earlier in week....see huge swing play above on wednesday
Blue Euro ...then Green USd on friday
on the 1H TF FX Powerscanner (left indicator) we have a Bull JPY AGAIN dominating the top pairs ....telling my traders where to be ........(see last weeks post)
on the Fix start indicator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
N
Bulls
yellow JPY , Red GBP ......late run up on JPY was a huge swing
Bears
Yellow JPY earlier in week....see huge swing play above on wednesday
Blue Euro ...then Green USd on friday
on the 1H TF FX Powerscanner (left indicator) we have a Bull JPY AGAIN dominating the top pairs ....telling my traders where to be ........(see last weeks post)
on the Fix start indicator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
N
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NVP
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Forex Diary Week ending 12th AUG 2022
Bulls
Yellow JPY, Turquoise NZD, Grey CHF , Orange AUD all at times ......
Bears
Green USD the main player ....
on the Daily TF FX Powerscanner (left indicator) we have a Bull NZD dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
was a decent week if you followed the relative momentum in the market
N
Bulls
Yellow JPY, Turquoise NZD, Grey CHF , Orange AUD all at times ......
Bears
Green USD the main player ....
on the Daily TF FX Powerscanner (left indicator) we have a Bull NZD dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
was a decent week if you followed the relative momentum in the market
N
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AriaS
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I am not sure about correlation. In the past I used to worry about it too much, made sure that the pairs I trade were maximally uncorrelated. But recently I changed my mind. Forex Market is a whole. Any pair can only be temporarily uncorrelated with any other. The relation can change at any time. I think the only way to make our trading portfolio uncorrelated is to mix forex as a whole with other markets.
NVP
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Forex Diary Week ending 26th AUG 2022
Bulls
Orange AUD, Brown Cad , Turquoise NZD ......
Bears
Blue Euro , Grey CHF the main players ....
on the Daily TF FX Powerscanner (left indicator) we have a Bull GBP and a Bear USD dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....maxxing out at 100 pip levels was pretty lightweight for a weeks action
BUT it still was a decent week if you followed the relative momentum in the market
N
Bulls
Orange AUD, Brown Cad , Turquoise NZD ......
Bears
Blue Euro , Grey CHF the main players ....
on the Daily TF FX Powerscanner (left indicator) we have a Bull GBP and a Bear USD dominating the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....maxxing out at 100 pip levels was pretty lightweight for a weeks action
BUT it still was a decent week if you followed the relative momentum in the market
N
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NVP
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Forex Diary Week ending 9th Sept 2022
Bulls
Red GBP, Blue Euro , Grey CHF ....
Bears
Yellow JPY .....Huge Bear !!!
on the Daily TF FX Powerscanner (left indicator) we have the Bear JPY dominating the top pairs ....
on the Fix start indicator (right chart) we saw the Yellow JPY hit -400s in pips this week ...astounding selloff !
it was an awesome weak selling JPY in most pairs
N
Bulls
Red GBP, Blue Euro , Grey CHF ....
Bears
Yellow JPY .....Huge Bear !!!
on the Daily TF FX Powerscanner (left indicator) we have the Bear JPY dominating the top pairs ....
on the Fix start indicator (right chart) we saw the Yellow JPY hit -400s in pips this week ...astounding selloff !
it was an awesome weak selling JPY in most pairs
N
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NVP
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Forex Diary Week ending 23rd SEP 2022
Bulls
Yellow JPY, Green USD ......
Bears
Red GBP.....
on the DAILY TF FX Powerscanner (left indicator) we have a Bear GBP starting to dominate the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
N
Bulls
Yellow JPY, Green USD ......
Bears
Red GBP.....
on the DAILY TF FX Powerscanner (left indicator) we have a Bear GBP starting to dominate the top pairs ....
on the Fix start indcator (right chart) we saw the currencies mentioned above all hitting alpha bull and bear status at various times .....
N
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Artycharty
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Pop.?
Artycharty
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Artycharty
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Do ya think it can take out that rez..??
