Best Thread Correlation Trading - Basic Ideas and Strategies

hello ?....hello?

has everyone in the market gone home?..is there a good movie on ?

ive dropped to the 15m now on that right hand chart

the doldrums have set in........

(I still kinda like buying GBP though as indices are looking bullish so far today)

N
 

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5 star rating..........

ive just realised that even I am allowed to press the button on the starrage rating of this thread.........excellent !! (y)

N
 
Going down ?

right they are waking up a little but no clear direction yet ..initial push is tag down.....but it could be a fake move...

on 1 mins wait for a pull back and if it then turns down again the sell is on


N
 
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USD is broken down on the middle 5min but I'd like a little more to persuade me to start selling Tag.........


you see - only AUD has started moving up with no action on the EUR or GBP to speak of...yet

N
 

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right thats pretty good............AUD is going fine so once the GBP turns up start buying it against the USD......I am assuming it is waiting its turn and will accelerate once Euro gets moving as well

interesting this as the AUD has lead them into the charge....(well actually its will be missing currencies on chart as well but lets not worry about them).

N
 

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" Its the waiting I hate carruthers...and those drums ...those demm drums" :p

N
 

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some you win.....

what a pain...look at the USD starting to trickle up on the 1 min and the GBP did NOTHING !!

i'd step out again for a peanuts loss and await that tag down move a little more powerful...

AUD is still moving up though so all is not lost re directional bias

sorry
N
 

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Zzzzzzzzzzzzzzzzzzzzzzz

ZZZZZZZZZZZZZZZZZZZZZZZZ:sleep::sleep:
 

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sorry !

I notice quite a few visitors on the Thread at the moment......:clap:

sorry I cannot conjure up some action for us to discuss

happy to chat about anything correlationwise !

N
 
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hmmm?

ok next chapter........

tag are moving up slightly now - but i would not recommend a trade until we see confirmation that they will remain on this course....look for the breach of those lines on the 15m and HH HL patterns forming on the 1m and 5m

Beware - stocks are flying today so this is not really supportive of rising Tag !

N
 

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Your call everyone !

ok the ball is on the 10 yard line and this is the last play of the day

what do you want to do ?.............c'mon the clock is ticking !:cry::cry:

N
 

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Gut feel time

everything is telling me to buy GBP and Sell USD now if the GBP breaches those Reds and the USD starts now falling from those Greens ......:smart:

what do you think ?

N
 

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saved by the GBP !

nope.....

the Tag are slowly building a fightback (and the GBP did not breach upward lines) - so you keep your options open at all times and fight the urge to trade until it looks correct

the Tag look stronger on the 1 and 5min (and the corrie 5m index chart on bottom right looks like its shaping for the indices to all fall below the zero line pushing tag upwards) but look at the right hand side 30m they are walking right into a resistance line now .........

also I am not appreciating that its the AUD leading the directional bias for the non tags here twice in a row now...it means that the GBP and Euro are just not in decent form at all at the moment

c'mon chaps - sort yourselves out !!! :mad:

thats the problem with different timeframes - you never get many clear signals and a awful lot of conflicting messages :rolleyes:

N
 

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Bye Bye

sorry my remote access has crashed so cant get charts up !

there was plenty of fun early doors today but I was busy and not on threads or charts so missed them..........frustrating this afternoon in my opinion so far but good luck to all still plugging away.......

ta ta
N
 
Superb!!!

you see how I scrapped around yesterday afternoon trying for a trade

look at this morning........superb, just superb (y)

left to right - 1m, 5m and 30m on the 1000/1 setting below

the indicator is available via my home page here

N
 

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An Important message from a fellow correlator

Hi all

I was sent this today from Jason Fielder.....its important as it shows you the lifestyle you will lead when you incorporate correlation strategies into your trading

so please contribute to this thread and you can be a jet-setting Trading superstar :whistling

N

Brad, Angelina and George.....please, please stop bugging me with the calls about the new movie "OceansCorrie 76" as I am busy with my thread :cheesy:



Fellow Trader,

I'm sitting here in Las Vegas, about to jump on my plane
that will "get me out" of Sin City... (Anyone who's been here
before I'm sure can relate to the need to be "Leaving Las
Vegas!") and I admit I'm no exception!

If you're wondering what I'm doing here, I'll let you in on a
little secret.

I came down to attend the Traders Expo at Mandalay Bay,
which is THE preeminent show for traders - held here only
once per year.

I admit even I was a little star struck, rubbing shoulders with
the "World's Best" major trading celebs who were here....
(just Google Vegas Traders Expo to get an idea).

But as exciting that was, it wasn’t' even the best part.

You see last night I was invited to an "ultra exclusive" closed
door meeting at the Skyloft suites at the MGM Grand (these
suites are bigger than my house running larger than 5000 square
feet!) with a few of the most elite traders from the show.

The gang even included some television stars who regularly
appear on CNN, FOX and CNBC.

As "geeky" as this may sound, in these incredible surroundings
we weren't talking about the gambling, the beautiful women or
the crazy partying that goes on here...

No.

The conversation was all centered around OU's Forex Mastery
Home Study Course.
 
Hi N,

Busy bee day today and its a case of hay making whilst the wind and rain blow around us here in the good old Great Bust Britain! Our cousins are due to take their holidays real soon so grab those pips over the next two days and squirrel them away until next week...

Rofl on that CC latest mail. Yet another $2k plus "system" but this time our "friend" is on the affiliate take. Having done a few financial trade shows in Vegas I can tell you that less than a day is usually spent looking at all the stuff on offer and the balance of time is spent jollying it up in that wonderful sin city world, so I felt sorry for Jason when reading that he had to attend a high profile meet in the oppulent MGM hotel to learn how someone else was going to extract a ridiculously large sum from unsuspecting traders, with absolutely no proof of real performance - BTW; Who is "trader" Joe?

Trade well and regards,
Simon.
 
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