Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

damn....the GBP rise distorted a nice little eurosell trade earlier

big news moves always do and are a pain as you miss nice trades on the 80/20 standard rules ....

unless you are trading the particular currency involved of course

N

 

[NVP]

scrappy today

main onus is on selling usd and JPY though as the 1h and 4h charts are signalling this on the 80/20 system

so we need the dow to rise above its 80sma's and 20sma's to get correlated :smart:

N

gotta go - later.........

 

[NVP]

Dow pushed north overnight driving our Yen/usd team south.....


Jees the AUD was flying

N

 

[NVP]

Someone asked me about volatility and market action recently

heres a 500 ma 1 hr FXcorrelator perfectly demonstrating market volatility highs and lows

the high areas are where all your BIG pips and $$'s will have been made as they represent big moves providing high volatility and offer nice trends to trade

so everytime you see a High volatility area on these charts - standby for the deluge of junk mail and trading systems telling you how much money they made.....any system can make money in trending markets

Note - what you really need to be assessing on any system is how much money it LOSES you on the Low volatility and choppy areas where the dangers are :smart:


N

 

[NVP]

nice correlated move on GBP south.....

N

 

[NVP]

aaahh....here comes the Euro as well !!

 

[NVP]

dont you just love it when a plan comes together ?

have a good evening ....:smart:
N

 

[NVP]

not bad overnight......:smart:


N

 

[NVP]

one day I swear I'll quit this job and trade full time .........

(pigs to control tower...we are still on standby)

N

 

[NVP]

this should make things interesting.....

lets see which way the USD (and yen normally) break now on the
1hour 500ma FXcorrelator (See chart below)

is that recent rally over ?

is GBP gonna fly ?

stay tuned viewers , stay tuned...........all will be revealed soon

 

[NVP]

Chop chop............c'mon market give us a 80/20 signal

N

 

[NVP]

later all ....into meetings

 

[NVP]

mixed overnights.....

Yen and Usd are currently strong on the 5 mins.....

N

 

[NVP]

the Dow opening was always gonna be tricky today

Dow and USD falls were probable ......

better correlation now as we end the week so hang in there on the 80/20 system.........it has a habit of finishing the week well !!

N

 

[NVP]

busy at work still unfortunately.......have a good weekend

N

 

[NVP]

hey all

finally got some time to sitdown and chew the cud
(before getting back to your website content/launch NVP.....cmon knuckle down)

yowee what a week.............the usd in crisis ?......bumber bailouts in Europe ?

who said currencies are boring !

N

 

[NVP]

With the Dow and USD both in the Doghouse we few signals on the 80/20 system this week until thursday / friday .........

Nothing wrong with that...... I designed this particular system to be attuned to market correlation based on the DOW/YEN/USD family......and its not aligned at the moment due to the US crisis

I got a mllion others based on other market quirks and nuances observed over the last few years....and in fact this week was interesting to see how robust many of them were in real conditions

...and the FREE 80/20 on the 1 Hour will be back in action when its ready i'm
sure....nothing traded nothing lost :smart:

N

 

[NVP]

With July waving goodbye its time to look at the ole Year to date currency performances on a 1000/1 FXcorrelator setting

I'm a swissie betting man for the second half of the year ....as I mentioned earlier in this thread..........

and I'm cautiously optimistic after a decent start in July......keep that Dow flat falling through the Summer and continued USD problems and I will cruise to the Q3 title !

NZD is impressive so far but for me its to volatile and lightweight a currency to have the staying power for the title......although AUD is not ?

c'mon tell me what you think....i'm here to be challenged and knocked down !! .:smart:

N

 

[NVP]

this is why i'm worried about my horse everyone.....its gonna get nobbled soon

ive used the 500ma setting to get more history on my charts - but its still good enough to get a fairly true
feel for the indexes

and that green usd is sure on the ropes

N

 

[NVP]

something for the weekend sir ?

N