Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

shouldnt grumble ..the market has been pretty bearish on Yen and YSD since 9.30 thi morning on lover TF's........ .I'm trying to squeeze more that perhaps isnt there

and I keep looking for a GBP bounce that again isnt there....so far !

 

[NVP]

angry as well...I shouldve given myself a few more pips headroom on that entry price .....

Hey - we all learn as we go ..

N

 

[NVP]

stupid thing is i'm not stopped out yet .....ha !

 

[NVP]

stopped out now........and off a rising Dow..???

jesus that bad correaltion karma

later all
N

 

[NVP]

Damn CAD is the culprit .......it stole my pips !!!

 

[NVP]

GU is still trying to go north isnt it......I may have been a handful of pips to early....

yen and USD still getting hit south off this Dow attack north

 

[NVP]

wall of buys except the G/U ......jees sometimes I want to cry

gotta scoot again for a while
N

 

[NVP]

I still like the look of a GBP rebound north here at around 1.6150's

but really not sure how much more the dow as in the tank to support it

N

 

[NVP]

not now though.....looks like finally some dow sells now ......

switch to focusing on Selling G/U and E/U on lower TF's

 

[NVP]

E/U is a steady sell on 5mins

 

[NVP]

actually so is G/U - but I am not trading G/U !!

 

[NVP]

beware ....Euro and GBP are oversold (in my opinion) now on the 5mins charts

 

[NVP]

hey all ........jees what a day !

As you can see on this 1hr chart - the Dow got Big - and Yen and USD (predictably) fell...

and yours truly sat there trying to buy the E/U and G/U all through the move

but it really never came much ....right ?

look at the NZD , AUD and even the CAD dammit .....all in the top half of the indicator and making pips

unbelievable !!!....

and thats why I was cursing earlier on line..its not sour grapes .....just the amazingly unfortunate dynamics that happened today and I rarely chase anything but Euro and GBP pairs during the London and early US session- so I got a little frustrated !

such is life !
N

 

[NVP]

mornin all.....

Friday 2nd November

NFP's today plus a terrible tragedy week for the East Coast that is still nowhere near recovered

No idea today on the bias so trade what you see using my standard rules

Heres the week ......watch the support level on the left chart 4H dow .....thats where the test will be

on 15m TF the Euro got raided earlier today .....(right chart)

Good hunting
N

 

[NVP]

kinda busy today preparing for a Biz trip to Swissieland on monday / tuesday next week

will try to pop in when I can

later
N

 

[NVP]

well well

Obama gets more good news.......lets see what happens next ....

N

 

[NVP]

hmmmm

interesting dynamics ......My feeling at this point is Dow will retrace back

i'd be looking to Sell the A/U....its defying gravit at moment

N

 

[NVP]

its at 1.0388 now.....easy 10-15 pips I think if Dow folds ....

 

[NVP]

CAD was even more rocketed on the news ....may also come under pressure now

 

[NVP]

then again - poor GBP who took enormous pain on the move ...is still getting even more pain now !