Best Thread Correlation Trading - Basic Ideas and Strategies

[Mike Kshemaraja]

Long Gbpjpy @ 122.453, SL 122.20, TP 122.753.

This broker that I am doing this correlation test has a 5 pips spread in this pair. Ridiculous.

 

[Mike Kshemaraja]

Long gbpusd @ 1.5464, SL 1.5437, TP 1.5494

Target reached:

 

[Mike Kshemaraja]

Long Gbpjpy @ 122.453, SL 122.20, TP 122.753.

This broker that I am doing this correlation test has a 5 pips spread in this pair. Ridiculous.

Target reached:

 

[NVP]

sells on USD and Yen are back on :smart:

N

 

[NVP]

Neil

I am trying this correlation business on a very tiny account, I went long Audusd and Audjpy, Audjpy target reached of 30 pips, Audusd still in.

hey mate..........as long as you are diluting the %...they are highly correlated pairs so you should treat at 50% each and take the net results

N

 

[NVP]

EURUSD buy looks hot again ....now

 

[rudolfm]

hey R

I need to know the full syntax for any pair on your chart

so EURUSD could be shown as EURUSD.xxx or whatever on the chart you have

the XXX is what I need (or there may be nothing added like my FXCM account)

sorry buddy but no dow is a problem ....USD and Canada dont seem to show this on their platforms for legal reasons ........crazy !

I have many clients who cant get this indice up on demo's or real platforms

let me know and we can progress ...at least I can get you the Indicator up on another chart

N

We may be getting close. My EURUSD 15 minute chart is labeled EURUSDm,M15 and similarly on in the data window. It looks like the lower case m is what you need.

NVP thanks in advance for getting me up and running. If I need to I will switch to FXCM UK so I can get the dow.

 

[NVP]

We may be getting close. My EURUSD 15 minute chart is labeled EURUSDm,M15 and similarly on in the data window. It looks like the lower case m is what you need.

NVP thanks in advance for getting me up and running. If I need to I will switch to FXCM UK so I can get the dow.

hey R

to get the best value from the system you need to be monitoring the Dow somehow.....can be difficult from the US and canada I am told

I will load up this version with an m in tomorrow for your usage ...today I am remote from my main pc

regards
N

 

[Mike Kshemaraja]

hey mate..........as long as you are diluting the %...they are highly correlated pairs so you should treat at 50% each and take the net results

N

Not problem.

M

 

[Mike Kshemaraja]

I think yesterday I was just lucky, 4 trades out of 5.

Today audusd long @ 0.99624, SL 0.9942, TP 0.99924.
euraud short @ 1.26146, SL 1.2633, TP 1.2584

 

[NVP]

Dow continues to Rise pushing yen and USD north……
Euro holding because of this
N

 

[NVP]

I think yesterday I was just lucky, 4 trades out of 5.

Today audusd long @ 0.99624, SL 0.9942, TP 0.99924.
euraud short @ 1.26146, SL 1.2633, TP 1.2584

Nice

http://www.trade2win.com/boards/gen...ding-general-chat-lounge-771.html#post1875048

I called a couple yesterday (based on USD weakness) on Flashs Thread but I was busy with limited screen access and had to bail and walk away .........they were still wobbling when I had to leave ....shame !

(-1 GMT on my charts)

N

 

[NVP]

hey R

to get the best value from the system you need to be monitoring the Dow somehow.....can be difficult from the US and canada I am told

I will load up this version with an m in tomorrow for your usage ...today I am remote from my main pc

regards
N

Hey R

I just realised this version below lets you type in the syntax

Right click on the blank indicator under your chart where you loaded it
go to edit Indicator
and add an m to the bottom area here then press ok a few times

the chart will appear !

N

 

[NVP]

heres the 15m TF setting on my free system below in the signature area

after some nice sells overnight looks like the USD and Yen may take a holiday in the north if the Dow keeps falling

we would need to see what Currency will show strongest initial fall south to get the best pairing

N

 

[NVP]

thank you for everyones support

350,000 views is not bad at all...and best in class......

Andy (Captain currency) will always be snapping at my heals with that
great system of his ! (I am a fan)

N

 

[Mike Kshemaraja]

I think yesterday I was just lucky, 4 trades out of 5.

Today audusd long @ 0.99624, SL 0.9942, TP 0.99924.
euraud short @ 1.26146, SL 1.2633, TP 1.2584

audusd stopped out.

 

[Mike Kshemaraja]

I think yesterday I was just lucky, 4 trades out of 5.

Today audusd long @ 0.99624, SL 0.9942, TP 0.99924.
euraud short @ 1.26146, SL 1.2633, TP 1.2584

euraud stopped out

 

[Mike Kshemaraja]

euraud short again @ 126211, SL 1.2635, TP 1.2581

 

[Mike Kshemaraja]

audusd long again @ 0.99561, SL 0.9933, TP 0.9986

 

[Mike Kshemaraja]

euraud short again @ 126211, SL 1.2635, TP 1.2581

stopped out again. I am taking a break from this testing system.

Audusd still running. Not for long.