Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

cad looking attractive as a buy as well..............nothing really is screaming at me sell wise .......................it was the Yen for a while .........unfortunately looks like GBP is taking the hits at present ............usd is on balance bearish

 

[NVP]

euro under pressure

 

[NVP]

sell euro .............sell euro

 

[NVP]

aussie is still the bull

 

[NVP]

europeans under pressure .................now we have to see what usd does .........aussies are buys Europeans are sells

 

[NVP]

technicalyl as I watch the dynamics here I would take E/U below 1.36

 

[NVP]

chf is leading chase down on my charts ...........c'mon wheres the euro ?

 

[NVP]

a/U is nudge nudge nudge north .............10 pips now from that if you had been scalping from earlier on

 

[NVP]

euro/usd drifting north .............not looking good

 

[NVP]

ok gotta take some calls ....................only the AUD buys have been of any real benefit/interest to me in last hour or so .....and even then its nothing in terms of momentum or really profitable moves

perhaps later the dynamics will improve

N

 

[NVP]

as i leave the GBP is gatting hammered again south but I havnt time to play that

later
N

 

[NVP]

pretty slow in truth looking back into the game ..........see how the 1 hr on a 20ma setting is showing the G8 currencies fairly tight and contained ?.........sure the GBP gave a little excitement earlier with a bull play (retrace on weeks action) but even thats back in the pack now .......

look at a few days back ...............now thats the divergence action we need to make some pippys !!

later
N

 

[NVP]

scooting then..........back later

 

[NVP]

sell NU.......

 

[NVP]

at 8483.............couldnt resist as it just came from nowhere

 

[NVP]

ok ive added a top and tail .............will come back later and see .......

N

 

[NVP]

ok i'll make sure I dont lose here

later
N

 

[NVP]

for all you scalpers 5 pips should be enough .........

later
N

 

[NVP]

ive taken it as I REALLY gotta scoot ...later !!!
N

 

[NVP]

back again for 2 mins inbetween calls ....

see ..........scalping means smash and grab - literally

eat your lunch fast - and never stay for coffee !!

N

N