Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

usd is looking bullish..........E/U looking better and better with GBP charging south as well now

 

[NVP]

i'd like to see dow futures below 12035 ish though really

 

[NVP]

gbp is retracing south but its nowhere near below Zero on the 80ma corrie........shame !

 

[NVP]

again E/U sell is still tempting but not quite aligned for my taste

 

[NVP]

unbelievable i'm watching G/U tank but wont trade..........rules rules rules

 

[NVP]

dow below 12035 now.....

 

[NVP]

this is the problem with the GBP or any high volatile currency that goes ballistic

it distorts the settings and especially the 80ma which is diverted out into high/low values and it takes time to bring them back to normality

it stops chop trades but is still a pain....

N

 

[NVP]

so this period tempted on an E/U sell but really no trade was signalled for me........

trading is a real test of the mind and the ever twitchy trigger finger..............especially when yuo see a trade you "missed"

to be honest the best trading mentality/mindset is to be always looking for reasons not to trade than to trade

.......think about that one !!!

N

 

[NVP]

if dow now holds and then falls below 12030 I see a real nice sell entry on E/U and or E/J

 

[NVP]

naturally G/U would be tempting down to the 00 as well if dow folds

 

[NVP]

stuff it

sell E/U with a really tight S/L above prev recent high

 

[NVP]

not a bad start and if you think of the miniscule s/l position that was possible to generate this immedidiate scalp return

thats where the great trades are :smart:

N

 

[NVP]

oh yeah baby ......only selling G6 in the shop at moment

more luck than judgement ? :whistling

N

 

[NVP]

OK - i'm pleased with that and i hope my stalking of that trade was interesting

Fuzzymentals were also in evidence

ok gotta scoot as other things screaming at me :smart:

N

 

[NVP]

and remember what Boris said recently at Bk forex....

the best trades go off quickly..............if they dont happen quickly they probably will never happen

set a time limit for a signal to work

later
N

 

[NVP]

back again

better and better..........E/J has delivered even more

 

[NVP]

all G6 currencies are below the USD now on their 20ma's

thats overkill

 

[NVP]

and G/U is finally gonna nail the 00

 

[NVP]

personally I think the tag (and Dow) are gonna take breathers......so tighten up

 

[NVP]

tag has retraced a little south so was good to tighten (despite the dow ranging currently)

Tag may go north again so check for best sell G6 sell signals on the 80 &20 mas when/if it does finally move up

(alongside a dow that breaches 12022 south naturally )


N