Best Thread Correlation Trading - Basic Ideas and Strategies

[horacioofman]

Thanks 4 your feed back. Do you have any suggestions for a simple trading site for beginners?

A nice site that came quickly to my mind is forex4noobs.com
They provide a lot of info for free. You will also find some basic trading strategies there, but i can not recommend them as I have not tried them.

Once you get comfortable with trading terms, come back to this thread, as this strategy is not as complex as you may think. Don't get intimidated by the 800 pages, start with the setup videos from youtube

 

[banawa]

Thanks 4 your feed back. Do you have any suggestions for a simple trading site for beginners?

well i did research all on the net they most of them a scam they promised figure of such amount of dollars or never ever happen or your account clean up overnight '
then a found the correlator chart just study the chart put fews trade on demo i am sure you will make pips you cannot go wrong one currency up another weak then combine the two together you cannot go wrong please try that guy or did made up that chart hes a genius????????????? since a apply the rules of the chart i did make so many pipes
try it please
good luck

 

[NVP]

Hey N,

how are you my friend ?

I was whole week out (busy as hell), so I missed a lot of moves, no trades

I checked your new posts and you made some graet summaries (actually as always, right )

btw, you use fxcorrelator_boldtag (what´s the difference, or it´s your private indi :?

and what 3 red lines (MA?) do you use on US30 now ?


Thx, K

Hi K

the bold tag is just that - it retains the tag team in bold when I move timeframes (I lose it otherwise)

on the US30 my main sma's are 20 and 80 but sometimes I have the 50 in there

N

 

[NVP]

Hey Neil,

what do you think about AUDCHF ?

Thx, K

I am incorporating the CHF very much into my TAG plays at present as the dynamics of the G8 are moving it from the european family into the Yen and USD Team

therefore you should be seeing good moves on this pair (correlating AUD with the dow) but naturally spreads hurt

also the EUR/CHF traditional correlation has dissapeared

N

 

[NVP]

Mr Thanks,
If you are interested in EAs performance, I think you should check Forexpeacearmy section on EA performance. Please also bear in mind that most of the forward tests you can find on the internet are done on Demo accounts, and EAs perform a lot different on Live accounts.

Neil,
talking about FAP turbo, and knowing that you come from a sportsbooking family. I know you are going to like their latest Marketing artwork (i would'nt call it scam, but ...)
They are now selling a software that looks for sports betting arbitrages. They are promising 30% returns per trade (which is probably possible).
What they are not saying is that you will need to have accounts funded with more than 50 bookers, and therefore you will need a huge capital. They are also not saying that there is a serious risk of not getting your money from small online bookers. And finally they are not saying that there are a few websites that offer arbitrage trades information for free, like arbspy

Have a nice weeken if you can
(i am sick with the flu)

Hi H

Arbitrage in Sports bookmaking is a myth like the holy Grail.........the only winners are the people peddling it......and jees they are peddling it

everyone save your money and stick to the basics

and forget EA's ..............jees would you sit in a Robot racing car and let it drive you at 200 miles an hour around a track just because someone said it was ok to do ?

any form of Gambling or Trading or sports betting IS NOT EASY MONEY ....you have to be dedicated and focused and it is a humbling and consistently frustrating process and does not guarantee a bean......it will break you if you let it and is only for a special breed that to most other humans on this planet are just wierd people .......

getting up 6-7 days a week and going to a worksite or office or place of work where you are skullbored is how you make regular / consistent money (assuming you're not made redundant)....its boring and tedious but it puts bread on the table and you can sleep at night

and for everyone discussing systems that are sold to you (FAB turbo, forex bing bong, FXorgasmatron and the rest :whistling) and then you get some money back from the nice company that provided it to you

Here is how they make money........if I have a system that keeps say 25% of my buyers happy over the 2 months "Guarantee period" I keep 25% of the money I charged (they won !) ......as for the rest of the 75% cash .... I just enjoy the (meagre) cashflow from it for 2 months and return it at a later date........when interest rates start going up again this interest income will be just as lucrative as the pure cash from the punters that enjoyed the success of the markets :smart:

NVP

http://www.youtube.com/watch?v=0megBUtC9hM&feature=related

 

[NVP]

sorry - No EA's , no arbitrage , no forexbingbong robotroid

just hard grinding Corrie action ! :smart:

N

 

[NVP]

scrappy so far today.....:innocent:

N

 

[horacioofman]

sorry - No EA's , no arbitrage , no forexbingbong robotroid

just hard grinding Corrie action ! :smart:

N

I will take the orgasmatron if you don't want it. specially if it comes with a 20 yr old Jane Fonda naked in it.

 

[NVP]

hey H

we are not (Sadly) discussing those forums here my friend

heres the Original orgasmatron ...........I'm a huge Woody Allen fan and love his earlier and more slapstick films

N

 

[NVP]

back to business.........and lucrative it is so far his afternoon

good ole europeans finally deliver some cheer

N

 

[NVP]

mornin........


nice later moves on tag yesterday and a real nice smooth move early hours today

Jees - ive been publishing this stuff forever and rarely see a bad session where we get creamed - assuming rules are followed :whistling

Why ?

because its so logical and simple (ish)

We compare the G8 Currencies and follow simple strength / weakness
rules trading against the 2 currencies that traditionally move together

Shimples !!
N

 

[NVP]

the chf is south with the tag team as well .....this could be a serious sell tag session developing if dow keeps cimbing

 

[NVP]

euros chugging up nicely .....dissapointing on the tag team though as I was hoping for more falls off that rising Dow Futures......:whistling

N

 

[NVP]

gbp is coming north fast on 5 mins........

 

[NVP]

but dont be fooled ...GBP has retraced considerably on the 1hrs and may now get some real pain south again as it is slapped back at a key resistance level..........

 

[NVP]

the key trade is still buying Euro into the tag team...........CAD is a buy as well but I dont follow that dude much

N

 

[NVP]

I cant believe how much buy action Euro has stolen today from the others like GBP and Aud.....

someone else must take the lead soon...the Yen , USd and the CHF are showing strong sells on the 5 mins

N

 

[NVP]

watch for the baton handover...........they are all queueing up now

NZD and GBP are chomping at the bit

 

[NVP]

update.............

 

[NVP]

overnights...........