Best Thread Correlation Trading - Basic Ideas and Strategies
NVP
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The party may have already finished....but notice my comments below
low MA's (like the 20 and below) will distort the retraces back to Zero and make them look like monsters ...............they are usually not and you always have time to exit or leave until it is really the case on the real pairchart :smart:
N
low MA's (like the 20 and below) will distort the retraces back to Zero and make them look like monsters ...............they are usually not and you always have time to exit or leave until it is really the case on the real pairchart :smart:
N
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NVP
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oh no...hes on about Exits again 
http://www.trade2win.com/boards/for...117416-best-exit-strategies-forex-market.html
N
http://www.trade2win.com/boards/for...117416-best-exit-strategies-forex-market.html
N
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NVP
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Exits are the make and break of sucessful trading
look at this bumper bundle of conflicting messages and signals....what strategy would it have taken to get more pips profit than at price level A (and E) ?
Decisions Decisions :smart:
N
Ignoring Target Driven trading (by using the paircharts recent support/resistance levels and some ATR common sense) in truth you could do a lot worse than just tightening up when a 20ma is crossed back by either currency and also when the pairs 20**sma is breached
**I mean a full bar breach as well - opening and closing outside the 20 sma line - not just covering it on a bar
No holy Grail and no cigar.........anything below A as a close would have been doubtful given the dynamics happening - also bear in mind that this is the GBP you are dealing with and volatility is its middle name............target driven trading is more advisable for this particular pocket rocket !
look at this bumper bundle of conflicting messages and signals....what strategy would it have taken to get more pips profit than at price level A (and E) ?
Decisions Decisions :smart:
N
Ignoring Target Driven trading (by using the paircharts recent support/resistance levels and some ATR common sense) in truth you could do a lot worse than just tightening up when a 20ma is crossed back by either currency and also when the pairs 20**sma is breached
**I mean a full bar breach as well - opening and closing outside the 20 sma line - not just covering it on a bar
No holy Grail and no cigar.........anything below A as a close would have been doubtful given the dynamics happening - also bear in mind that this is the GBP you are dealing with and volatility is its middle name............target driven trading is more advisable for this particular pocket rocket !
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what a day in 15 minutes eurusd 45 pipes then at the same time eurjpy another 40 pipes 85 pipes wow what a live in PARIS on holiday just open the laptop then bingo money on the till?????????????????????:clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap::clap:
many thanks so many opportunity today wowwww that correlation a gold mine please please when the new pay version?
NVP
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hey B
yes it was a good day yesterday.............I am glad that you are doing ok
something tells me that you are a pretty experienced trader though so we must never
make it seem like its always this good
the Professional Fxcorrelator Website and associated products and services is coming this year....I wish I was as efficient,organised and skilled as my web designer who has the public part of the site almost ready for me.......so that may be up and active soon
more news when I have it :smart:
N
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NVP
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hey the 5mins are for wimps...heres its big big Brother the 1 hours
signing off
N
PS - the CHF looks like it is strengthening alongside the yen and USd - perfect for a Carry trade/unload Risk scenario
hey all
that 1 hour chart held well........and as I said in the attachment above , I though that the aussie boys would take over the selling as the Euro and gbp retraced a little (and they went into their own active trading session)
could all go off again today
N
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:clap:
hey B
yes it was a good day yesterday.............I am glad that you are doing ok
something tells me that you are a pretty experienced trader though so we must never
make it seem like its always this good
the Professional Fxcorrelator Website and associated products and services is coming this year....I wish I was as efficient,organised and skilled as my web designer who has the public part of the site almost ready for me.......so that may be up and active soon
more news when I have it :smart:
N
thanks i am not experienced trader just started 6 months ago i am just a baby beginner but since i discover the correlator the wonder chart i glue my eyes too it too understand what too do or not too do hahahahaha sometime i make mistake but i learn a lot from it then learn a lot everyday but without will never do has well but if you know how the chart work easy too make 50 pipes a day only on scalping 15 minutes chart but you have too be very quick suit me very well cause i am retired then not bored anymore then fun too do it hes not too make a lot of money just the challenge of it then a 70 years old make my brain working .
thanks a lot again for the wonder work you did on it .
NVP
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thanks i am not experienced trader just started 6 months ago i am just a baby beginner but since i discover the correlator the wonder chart i glue my eyes too it too understand what too do or not too do hahahahaha sometime i make mistake but i learn a lot from it then learn a lot everyday but without will never do has well but if you know how the chart work easy too make 50 pipes a day only on scalping 15 minutes chart but you have too be very quick suit me very well cause i am retired then not bored anymore then fun too do it hes not too make a lot of money just the challenge of it then a 70 years old make my brain working .
thanks a lot again for the wonder work you did on it .
my pleasure B......my pleasure
N
NVP
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hey D
Scalping is a little bit of an anomaly really and a hangover from some older videos and titles on other forums
use this 80/20 system on higher Timeframes and you shouldnt have to be glued to the screen
use the 4h or even the daily TF's with apropriate stops
the 4h was signalling a yen/usd buy (dow sell) on 80/20's from 8am yesterday and has delivered over 300 pips on just the G/U and E/U sells alone before any yen trades
N
Scalping is a little bit of an anomaly really and a hangover from some older videos and titles on other forums
use this 80/20 system on higher Timeframes and you shouldnt have to be glued to the screen
use the 4h or even the daily TF's with apropriate stops
the 4h was signalling a yen/usd buy (dow sell) on 80/20's from 8am yesterday and has delivered over 300 pips on just the G/U and E/U sells alone before any yen trades
N
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stefanot2w
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Hi NVP,
Newbie to T2W but have been trading on and off since the Freeserve float, and have been spending the last year or so trying to develop a system, but it is proving difficult. The reason I post is, can you please detail your 80/20 system or point me to the relevant post, thanks in advance.
Look forward to the professional site, and the early bird discount for T2W members.
S
Newbie to T2W but have been trading on and off since the Freeserve float, and have been spending the last year or so trying to develop a system, but it is proving difficult. The reason I post is, can you please detail your 80/20 system or point me to the relevant post, thanks in advance.
Look forward to the professional site, and the early bird discount for T2W members.
S
