Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

GBP ruled the overnights......:smart:

N

 

[NVP]

apart from the nice activity buying the euro and GBP .....I note that CAD is being hammered and has finally returned from its overbought jaunt on friday.....so could keep dumping now nicely

N

 

[NVP]

a little choppy...............again the tag are showing a lot of bullish activity for the aggressive dow


europeans are weakening .....

n

 

[NVP]

hey all back again......

jees , I wasnt wrong on the European weakness....

also the dow dumped and let the tag really go ballistic (as it was showing a lot of bullish activity already)

touchdown Euro and 40+ pips on the E/U sell !!! :cheers:arty::clap:

N

 

[NVP]

G/U is looking mighty attractive........

is the ole Big Red one coming for its first touchdown of the week ?

 

[NVP]

that'll generate a decent convergence play on the E/G as well..........

 

[NVP]

1 hours are quiet

 

[NVP]

and the 4hrs


Jees that usd is strong ................the U S of A is getting a mega dow push and influxes of funds into its coffers

everything would appear to be pumping (more luck than judgement though dear Fed)

N

 

[NVP]

heres the daily's

shame shame shame...........

this strong dollar will exaggerate any sells on Commodities if they drop the ball - so keep stops tight if you play those markets

N

 

[NVP]

here come the gbp south again.....

Euro is ranging just inside the southerly touchdown line and should in theory now breach North based on watching historic G8 behaviour around these levels

hmmmmmm
n

 

[NVP]

my hunch is go for Euro buys as the tag team are not wearing the dow fall and are falling as well

 

[NVP]

plenty of E/U scope up to the 1.35.......let the Euro follow GBP up if necessary

i'd prefer the dow to stall a little or of course retrace north now to assist this play

 

[NVP]

europeans are turning north on 5min low ma's............watch the Chf as well

dow is slowing in momentum south

 

[NVP]

nope the dow sell and tag rise is back...............choppy choppy choppy

 

[NVP]

the gbp is gonna settle in under the 1.60 it would seem based on the dynamics above......

 

[NVP]

I like that Euro buy potential.............c'mon i need some dow retraces north

 

[NVP]

go in on the e/U above 1.3475ish

E/J could be more dramatic if dow retraces fast now

 

[NVP]

I hold my hand up here and admit i am not riding the trend for the morning......

i am feeling the euro is oversold

the dow must retrce north at some point soon

and the Tag will then retrace south.........although I admit that strong recent USD bull bias is a problem

N

 

[NVP]

chfs rising.........c'mon euro

 

[NVP]

yen has fallen below Usd on 5min low corrie mas ....thats a good sign