Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

nope.....its not happening here ....usd is dangerously hanging on the 1mins to fall

 

[NVP]

nope doors are closed for a while..............if I was a gambler I might fancy a flutter on Buying E/U above 1.31

but i'm not....i'm trying to be a trader these days !!!

N

 

[NVP]

cheaper and cheaper usd buy opportunity or the start of a turnaround ?

 

[NVP]

remember the videos

well here we are......cant copmplain about today though as the earlier session selling Euro was superb

until tomorrow
N

 

[NVP]

I must say those overnight asian sessions do deliver a stable trading platform - as the western markets are closed reducing distractions and complexity a little.....

perhaps I will emigrate to Aus after all.......warmer as well !!!

shame about their cricket team though................ :whistling

only kidding - lived for 2 years in Aus and loved every minute......well apart from my business going to the wall

right time to tackle the snow outside !!!!

N

 

[NVP]

selling tag on low timeframes looks teasy eh ?

beware though - on the 1h and the 4h these moves are just minor retraces in a big bull trend

N

 

[aspex]

I must say those overnight asian sessions do deliver a stable trading platform - as the western markets are closed reducing distractions and complexity a little.....

perhaps I will emigrate to Aus after all.......warmer as well !!!

shame about their cricket team though................ :whistling

only kidding - lived for 2 years in Aus and loved every minute......well apart from my business going to the wall

right time to tackle the snow outside !!!!

N

Where does the graphing come from on your displayed chart (left chart)?

 

[NVP]

hey aspex

its the triple arrow correlator - see signature below

this chart below is using the standard triple timeframes / mas on the arrows

4h 20/1 ma 1h 20/1 ma 15m 14/3 ma setting

and then I am using a 500/1 setting on a 5min for the main line chart to plot price action moves
shimples !

I see the Euro is getting hammered still below !

N

 

[NVP]

some interesting comments on USD vs Dow Correlation which as you know I like to see negatively correlating to assist trading decisions

in truth though I am more suited these days to equally just take the yen and USD aligning and forget the Dow direction.....although if it is negatively correlated its icing onthe cake

hmmm - boys seem to think the usd is going north as stocks tumble

N

 

[NVP]

usd just wont go north eh ?...........cmon i'm sitting on my hands re CAD and GBP sell scalps here

N

 

[NVP]

G/U below 5525 ?

 

[NVP]

nearly 40 point fall in dow futures recently and the usd hasnt really flinched north......could mean a dump of usd soon....

 

[NVP]

sell G/u has gone in anyway.......game on to 00

AUD sells are flying as wingman

 

[NVP]

i'm not happy with this one.....could go 30 pips opposite direction soooo easily here and the 5min is a near perfect pip bar now.......damn !

 

[NVP]

get out

 

[NVP]

stepping back to the triple arrow corrie

(which I should be observing to support my entries )

that triple arrow Euro sell is a cheap signal there isnt it ?...plenty of room if it falls in the 5mins line chart shown

actually the yen is cheap as a buy signal as well

hmmmmmmmmmmmm

N

 

[NVP]

nearly 40 point fall in dow futures recently and the usd hasnt really flinched north......could mean a dump of usd soon....

so now if you are following the charts a simple 10 point rise in the dow has triggered the same movement south on the usd that the 40 pip point fall did earlier

the gearing is certainly set -up for USD falls now..........

N

 

[NVP]

excuse all these musings........i'm just thinking as I go and playing with dynamics on the corries

one of my (many) major trading failings is that I wait for significant breaches to enter and if you research trading enough you will know this means you are missing a lot of pips and going in frequently toooooo late to the party

the Yen / Euro observations above are merely stating that whilst the 5mins are saying retrace the higher TF's are obviously still locked on continuation

so at the merest hint of continuation I should enter the E/Y trade and not wait for more blatent breaches of the 5min and miss some cushion entry pips

hmmmmmmmmm

N

 

[NVP]

trade on and dow falling.....lets see what happens

 

[NVP]

hey all

had to dissapear...lets see......ok not exactly great but it did deliver a few scalpable pips so far

more yens rise than euros demise though .....

N