Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

in the last few hours we have seen scalping opps selling GU ..........usd has been net bull for about an hour..........eu is the sell alongsinde chf and yen

 

[NVP]

gu retraced dramatically but i'm still on eu sells

 

[NVP]

nice volatility at present but I need usd to make a decision on its next direction

 

[NVP]

usd has resumed bull again..........eu and gu sells prevelant

N

 

[NVP]

“Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities. In short, I had learned that I had to work for my money. I was no longer betting blindly or concerned with mastering the technic of the game, but with earning my successes by hard study and clear thinking.”

Larry Livingston [taken from Reminiscences of a Stock Operator]

"Amen to that dude.......Amen to that"

NVP

 

[NVP]

heres jack on the greenbacks bull potential .........

using the FXCorrelator signal on a weekly default setting would certainly have delivered pips when it breached the zero a few months back and you sold a basket of currencies against it

N

http://www.blackswantrading.com/currency-currents/2014/9/18/vy7hlc43mycmz2kpqy08ezr4tkgwac

 

[NVP]

heres the Goldmeter and my thread is here

http://www.trade2win.com/boards/commodities-money-markets/157250-fxcorrelator_goldmeter.html

mainly selling on Gold...........not surprising given the usd bull posture
this indicator is available for free below in the links area and the trading system as well

N

 

[NVP]

ok that's it from me for a while ..got to go out to see some guys re a potential job/role

I was up early catching the GBP wave and managed to scalp a few pips over last few hours

good hunting
N

 

[NVP]

about 20-30 mins of net bear action on usd.............not convinced the bull is over yet

later
N

 

[NVP]

hey all.......... .back again

usd is confirmed net bear on lower TF's ............the index has given 10 pips over last hour or so but its been choppy


yens been a buy (see 2 clear u/j scalps below in picture) and the aussies and more recently gbp

later
N

 

[NVP]

buys with the aussies still...........Europeans are sluggish to move to top

 

[NVP]

aussies are my third choice scalping trades with cad and USD......

my first port of call is always the GBP and the Euro in London morning session to trade against the usd's trend

 

[NVP]

usd really retracing north now .............GU is the sell

 

[NVP]

hey all ..........

usd has been a net bull/buy for nearly an hour now .........theres been a little CAD , GBP and even aussie selling ............I just watch and pick off the best moves.....

win a few, lose a few but overall the pips do come if you are professional and patient and execute with discipline ....something I do better some days more than other in truth

N

 

[NVP]

eu sells evident but I wasn't really on that ..........its been a little to bull recently and I need more conformation

 

[NVP]

u/j buys...........in truth my U/J track record has been poor this week..........its been relegated even behind the CAD .............patterns come and go ....come and go

 

[NVP]

gu sell.........WOW !!!

 

[NVP]

locked in a few but that was literally a see button hit button

 

[NVP]

usd is still healthy bull so easy for me to risk that press ........

 

[NVP]

don't hang onto that trade too long ........its unstable