Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

go baby go

 

[NVP]

now a scalper would be nervously eyeing those nice pippys.......

 

[NVP]

and I have to say it will retrace way before the 0000 so take some if yuo want ....

N

 

[NVP]

and look at these critical S and R levels on that 500/1 correlator for my pairtrade here

walls that need to be breached to continue progress.....

hmmm not good eh ?.....this is where I need a staggering push North by the Dow to force things through....

N

 

[NVP]

the dow is shoving hard to 11872 now but the Tag are unimpressed....aud is looking ok ish so hang in their for a while yet ?

remember my quote earlier this week from Boris at BK forex ?

set a time limit on trades as they normally go fast....if at all

hmmmmmm
N


ir

 

[NVP]

if Tag freezes or starts to rise I think that CAD is shaping to fall again........jees !

 

[NVP]

tags started rolling north again......looks good

 

[NVP]

I have to say that I am seeing some warning signs on the tag team re momentum slowing .....tighten up stops

 

[NVP]

on a Tag turnaround north I'm nervous of Selling CAD any more

Selling CHF and or Euro could be the play.......

 

[NVP]

if dow folds and tag fight north I will like that E/U sell below this recent support level

always planning ahead ............

 

[NVP]

Right off to some meetings now and I will call it a day after that

hope everyone enjoyed the action today..............REAL good day on the GBP !

N

 

[NVP]

on a Tag turnaround north I'm nervous of Selling CAD any more

Selling CHF and or Euro could be the play.......

not bad....not bad at all...........

N

 

[NVP]

mornin all.............

mainly predictable overnight..............just a minor disconnect when dow retraced south but tag stayed south itself continuing to be very weak through the wee hours

massive A/U buys and nzd performed well

bit choppy at present so wait for more clear direction on the Dow :smart:

N

 

[NVP]

and gbp still proud above the .000035 setting

 

[NVP]

hey all

heres the boys chewing some correlation cud...........something I have a lot of interest in :smart:

Oil and Gold today..........hmmm even more interesting :

I do follow the ole black and gold by observing when they look overbought or oversold relative to their G8 Basket adjusted values (and not just their USD values which I think is a mistake to do)

And I think if the boys had shown some Basket adjusted values of these guys the charts would have been more enlightening and interesting than double counting the effect of the US dollar on them..........

such is life
N

 

[NVP]

hey all a quick update before I dissapear for a while

Tag is bullish off a falling Dow......a little Selling of the Euro and CHF in motion

note that the GBP has been banged down from its recent highs and could sweep through the floor dramatically if pushed so watch that breach line :smart:

hmmmmmmmm
N

 

[NVP]

watch that gbp fall......its divergent from the Euro and is possibly gonna close the gap

 

[NVP]

Selling E/J has been nice through this weak Dow phase as well.....usd has been a little sluggish on those recent rises eh ?

 

[NVP]

Jeeees that was fast............Dow turns north.....Tag folds south and GBP goes ballistic again

whooooooaaa
N

 

[NVP]

I dont follow news releases unless I am actively trading (no time today so just watching)

...something has had to have been released on the ole GBP

N