Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

gone again ...forgot i'm going out .........later !

 

[JeffN1]

NVP,

Do you still advocate the 20/80 system?

I see in recent posts you're just using the 20ma....

Thanks,

FXJ

 

[NVP]

NVP,

Do you still advocate the 20/80 system?

I see in recent posts you're just using the 20ma....

Thanks,

FXJ

Hey FXJ....were you on the course last year ?.........if so I am always happy to answer PM questions at [email protected] for paid Corrie Crew members !

OK

the 80/20 system just adds more rules to the game by wanting the 80 sma on the Dow and in fact another FXCorrelator (set on 80ma) to also comply with the same rules** I suggest for taking 20ma signals in the **signature area below

is it better or worse ? - try it :smart:

its certainly more stringent and will reduce the signals a lot.....in the 6month subscription course I ran last year a lot of the teaching is around starting with a set of rules (like the 80/20 and others I have) and then developing them to your own style and expectations of profitability, % win rate and risk

so I taught the 80/20 in that course ....but also taught a lot of rule breaking ideas and approaches to make it less stringent if that makes sense......

in trading you MUST have a set of rules based on when you make a trade........the more rules you have the less trades you will take

So do you have less rules ?....or more rules and then break them when appropriate ?

hmmmmmm :smart:

N

 

[NVP]

overnights were flat gang............so waiting for some inspiration

15m has some potential USD and Yen sells going on if you fancy an early flutter

this is what you will see if you follow all the signature area rules below
in that free system from me :smart:

me i'm tied up today so wont be trading probably

N

 

[NVP]

still choppy on the 15m's..

may pop in later .....N

 

[doky75]

took my 15pips from the aussie on 15min

 

[NVP]

potential buys on E/U and A/U were around since early hours today....glad you made some pips but its retracing now :smart:

thats GMT (-1) on my charts below

N

 

[NVP]

E/U buy just signalled on my own systems

 

[NVP]

G/U may cream us but i'm looking E/U

 

[NVP]

this is very early and very aggressive ...........

 

[NVP]

gritting teeth and letting it run still.........

 

[NVP]

out...........no need to linger.........a few pips down but such is life

 

[NVP]

this isnt over............watching watching

 

[NVP]

in again on e/u buy

 

[NVP]

I hope anyone watching is seeing the lesson I am trying to teach here .....(tee hee)

 

[NVP]

the moral ?

good things come to those that wait .........? (See results below)

did I waste 3-4 pips on being skittish first trade and not just hanging in there ?

or did I save the balance of my Stop loss if the trade had completely gone sour ?
(I said it was an aggressive trade)

in this example its pips all round and a great scalp trade on E/U !

such is the journey of a trader ........:smart:

N

 

[NVP]

I keep it real here guys ........

show me anyone else training and posting real time........and winning as well

N

 

[NVP]

and I said I wasnt trading today ..oops .....gotta scoot now for real !!

 

[NVP]

i'm putting my youngest Student in charge for a while

go gettum junior !
N

 

[NVP]

E/U again on the march North ............

junior - put that rusk down and trade dammit !!