Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

i'd be lookingto buy G/U above 1.6005 .....

 

[NVP]

we are trading right around the neutral area as already discussed so a little risky....

or conversely right at the start of a big move .....

 

[NVP]

here you are .....what I am seeing

 

[NVP]

moment of truth.....i'm about to see if I am going to drawdown

 

[NVP]

i'm stepping out of the trade ....(b/e)

call it sixth sence ....

 

[NVP]

markets are to choppy and I need to step away.............

later

N

 

[NVP]

see patience is a virtue

the market will always move fast when it is ready

N

 

[NVP]

on fire now ........and we watched its birth here from a few hours back !

 

[NVP]

tighten up gang ......I think a little retracing is coming

(or ride the storm)

see where yen is now on the 15m chart ....thats extended !

I gotta scoot as well - duty calls elsewhere ....

jees - nice session today !

N

 

[NVP]

hey all

I hope you are enjoying this session today ...........Trading is about common sense and using experience to only trade when its looking very very positive in all areas ....

dont waste trades .....every penny and pip you give away is a loss you have to make up later......give away nothing ........become a trading skinflint !

here we are - I said the yen and USD would retrace a little ......

Dow opening soon ....so will talk later

N

 

[NVP]

like G/U above 1.6016.....lets see if dow keep shifting north

 

[NVP]

dont take it at the moment .......the correlation is not working for me yet....

 

[NVP]

and we are minutes from Dow opening so step aside

 

[NVP]

GBP has been strong today so remember that into the opening dow....if usd and yen tank south GBP is the buy .....

 

[NVP]

and we are now rolling with real time Dow action

I probably dont need to tell you that I prefer to be watching the Dow futures chart during its open hours .........clearly the comfort level is higher

N

 

[NVP]

HEY .....the Dow is falling.... .are you all blind or trading ????

 

[NVP]

relax............i'm trying to spook you .....

Trading sometimes is about "the Fast or the Dead" though ......

N

 

[NVP]

Chop chop ........

for me I wont be convinced about Yen and USD getting north until the Euro or GBP or even AUD gets underneath at least one of them on the 20ma below

for me i think we are in for the same trend as earlier

N

 

[NVP]

jees its hard work today

generally I have been breaking a few rules to try to make a pip or to on the 15m TF ...and did alright this morning

at the moment Dow is (still !!) undeniably south of the 20ma

so we hunt BUYS on the yen and usd .........

so can some one tell them to finally get their a*ses in gear ?

the AUD and GBP fast falls are still not really enough to persuade me to bite yet .....

c'mon USD you can do much better than this cant you ?

or is it just going to be a weak USD day and we wait for it to return south ?

decisions decisions...welcome to being a trader !

N

 

[NVP]

the AUD has gone south and is tempting .........but I really dont like trading it during their non business hours

N