Best Thread Correlation Trading - Basic Ideas and Strategies

I would recommend trading Yen pairs today ......something I rarely need to do but today its a good idea..........and I leave U/J alone not my bag
 
I bought A/U at 1.0043...lets see
 

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if I am right and my dynamics all fuse together as I hope they will

the trade will hit like a train and I will get 4-5 pips up in seconds .....this didnt

N
 
awwwwwwwwwwe...............jees .........look at it now ....bo hoo !!
 
this is how fast I trade ........

the first bloody bar was rubbish and the dow was faltering....

sure I should have waited for the next bar which was good......but equally it could have been horrendous

I always trade ultra cautiously - looking for any reason to exit a trade

this way the good trades look after themselves and my losses are very very low

"Give it room to breath" my A*se ......well in this case !

N

such is life !
 

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Jees the GPB is a trading nightmare today .....and its wild moves are screwing all other correlation
 
20 points move up on dow futures and the markets dont blink......wow !
 
this will come .....or a great opportunity to buy U/J will unfold
 
unbelievable on 5 mins

None of the GBP , AUD or Euro pairings re rising off an aggressive Dow

so now what ?
N
 
ok if this dow retrace falls drmatically there are some big sells on those pairs coming ....
 
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