Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

nope come out -3 pips........

EU is 2864 and falling .................frustrating but that's trading

 

[NVP]

ok gotta make some calls ......I mistimed the EU sell by minutes and took a 3 pip loss verses a simple 10 pip gain and improving all the time

that's trading gang..............it will break your heart all the time if you let it ..........that's why you must remain objective 24/7

N

so eses a

 

[NVP]

not really getting to the charts as need to go see some Agencys this arfo.......

on refelction GBP has been the peach solid buy since 6am........and Yen the sell ..........others have motored inbetween

N

 

[NVP]

not really getting to the charts as need to go see some Agencys this arfo.......

on refelction GBP has been the peach solid buy since 6am........and Yen the sell ..........others have motored inbetween

N

 

[NVP]

not really getting to the charts as need to go see some Agencys this arfo.......

on reflection GBP has been the peach solid buy since 6am........and Yen the sell ..........others have motored inbetween

N

 

[NVP]

and gbp just delivered even more bull pips

 

[NVP]

been out and about...........I see ive missed

solid euro buys
solid AUD sells
USD net bull

not bad at all and I hope people made money

N

 

[NVP]

hey all ................heres the 1 hour

gbp is bull
Aud is still the sell

usd is showing significant bear signals

i'll try to call a few scalps next

N

 

[NVP]

from a scalp perspective......sure you can load up the FXCorrlelator on a 1min and 5min and leave the 20ma setting ............and trade from that

but that's not what I am using in truth for my own bespoke approach as its a little more tuned to my own preferences and more aligned to real time pricing

ok lets see

 

[NVP]

so even looking at the 5min indicator you can see what I am hunting

1) the USD is a sell (durrr)

2) gbp and Euro are the favs to buy ...........

so let me see what I can do ..........the odds are on thse pairs but don't rule out others

N

 

[NVP]

first observation is that we have missed shedloads of trades on these 2 pairs ..............so on assessing scalps I need to feel theres more in the tank for a while yet .........

that's experience

N

 

[NVP]

and a little index retracing will give me more confidence

 

[NVP]

if you are watching the lower TF's the usd is retracing north rapidly .....

wait

 

[NVP]

au sells gave 10 pips in last few minutes but that was a very very ballsy call and not for me

 

[NVP]

sell uj is tempting ...........

 

[NVP]

buying gu at 6139 is a 50/50 bet ........waiting

 

[NVP]

this is tough.........we are at pivot point

I need to see a little more conf on the bull usd

all other currencies are retracing

 

[NVP]

sell au 9148

 

[NVP]

gu at 6135 looks a better and better buy ....yess buy.....hang fire

 

[NVP]

come out of au ....be