Best Thread Correlation Trading - Basic Ideas and Strategies

dow tryign and trying to push north but fading on the 5mins ............

cummon !!!
 
IF WE GO ON THE G/U here arte my settings

S/L 1.5522
T1 1.5485

I am targetting the 1.55 as entry but I need some other things in place....
 
Hard work trading.........thats why few are successful on 5 mins.......
 
could go either way ......but remember my premise here was a

VERY VERY Strong Yen and USD based on recent dynamics.so i am looking for a bearish Dow to send them finally ballistic north
 
looks like however the dow is fnally going to push them south more and I have a signal to buy A/U now on screen 5mins
 
from a pure P/A perspective

it would be suicide to trade before the Dow futures clears that 12,730 level
 
the GBP is doing its own thing and slowly working that big fall back ........I could chase it but it would be against all my correlation training and sixth sence .....

my loss
N
 
gotta scoot......congratulations to traders on the rollercoaster G/U today....

not my bag today so left it

n
 
as I leave you the dow is reconfirming its strength so I am more prone to buying GBP , AUD and indeed Euro in this phase
 
incredibly weak Euro at the moment .......beware on 5mins if the Dow retraces a little south
 
only Euro is taking the hits ......hmmmm

well CAD and CHF....but i'm not following them ..and the CHF is a clone of Euro....right ?
 
The Yen is strong ...the Boj comments made that happen overnight

if Dow falters it will go ballistic today as I was preaching here in my Gameplan.......

unless Boj intervene which is doubtful outside of their traditional market hours

beware !
N
 
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