Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

triggered ................let the convergence team loose............

N

 

[NVP]

and I like Chf but boy oh boy that GBP is gonna be the problem to drag down !!

 

[NVP]

nope..........not this time ................wait again

N

 

[NVP]

and again ?

N

 

[NVP]

just need a lower high and we may be finally ready to rock ............if the GBP fell below the 20ma on the 5min 80/20 ma's that might give me some confidence as well

 

[NVP]

I just need a lower high and we may be finally ready to rock ............

if the GBP fell below the 20ma on the 5min 80/20 ma's that might give me some confidence as well

I was hoping not to use that extra card and keep the system simpler but we will see
N

 

[NVP]

i'm glad the first candidate today is tricky ...........allows me to overlay the criteria we may need to be using a lot to make this system work

jees that convergence team are getting angry on our bench .....poor poor GBP is gonna get monster mashed soon !!!

N

note - nothing here that cannot be programmed in easily with some good programmers !

 

[NVP]

is this better ?

N

 

[NVP]

to be honest a simple lower high on the GBPCHF pair is all i need ......but nothign yet

 

[trend_catcher]

Hi NVP:

Gees! You are going million miles per min and can't catch up for new comers to correlation like me. Slow down please.

More questions.

1) Covergence Indicator --> Do you have one that give alerts at a certain level? You've mentioned couple of post back that "... can't automated, just alerts.." So, I am wondering if there is the one that has Alert built-in or not.

2) Why do you use 20 MA and 80MA on 5 min TF? Is it arbitrary or any particular reason?

3) Do you think this system can be automated or does this require too much of human thought process that can not be automated ever?

4) Can this system will work on higher TF? such as 4 hr and/or 1 hr TF?

Thanks,

 

[NVP]

added a 20ma on the pair.............I wish the damn dow would retrace down a little

JEES !!!!

 

[NVP]

learning as we go............only way to do it :smart:

 

[NVP]

Hi NVP:

Gees! You are going million miles per min and can't catch up for new comers to correlation like me. Slow down please.

More questions.

1) Covergence Indicator --> Do you have one that give alerts at a certain level? You've mentioned couple of post back that "... can't automated, just alerts.." So, I am wondering if there is the one that has Alert built-in or not.

I need a programmer.....and an agreement that we distribute our results here

2) Why do you use 20 MA and 80MA on 5 min TF? Is it arbitrary or any particular reason? .......trial and error over nearly 3 years..........but pelase feel free to try anthing else

3) Do you think this system can be automated or does this require too much of human thought process that can not be automated ever?
Everything here can be automated .......we just need some good programmers

4) Can this system will work on higher TF? such as 4 hr and/or 1 hr TF?
of course - its arguably better


Thanks,

hey T see above in Red

N

 

[trend_catcher]

hey T see above in Red

N

Thanks for the info... I am reading all of your post from the beginning as fast as I can. Great info and thanks for sharing.

 

[NVP]

buckle up

my convergence team want blood..........

N

 

[NVP]

shame re the EuroChf but I need 3 bands really on that one............2.5 would do at a push but not today it seems

ok here we go on GBPCHF

N

 

[trend_catcher]

Hi NVP,
Another question.. It's more like which is first, chicken or egg question.
Do you think it's typical to see pair stretches to highest band on Covergence Indicator around the News time? or perhaps, price does move to those points due to speculation that drive price to those level?
In any case, if we ought to take trade, do you recommend not trading pre/post News even if you see the good setup?

 

[NVP]

they are ready to roll .................are you ?

 

[NVP]

joking aside trading convergences is all about news and market perception (like trading divergences !)

currencies dont get diverged unless something is going on....ok I confess ive been to busy to look at news releases but I can certainly see a rising dow futures after last weeks pounding and that will coax people out of safer currencies and I therefore see the tag team and CHF getting pounded at present

until that decision is stemmed or even better reversed we will get very hurt trying to guess the convergence point bands or no bands

N

 

[NVP]

is anyone else bored already ..................this convergence stuff sucks

does anyone want to play with the 1mins instead ?

(Jees - i'm a trading nightmare.......just kidding on 1mins at the moment !)
N