Best Thread Correlation Trading - Basic Ideas and Strategies

morning all

ok back to basics first .....heres the 1hr TF 20ma default FXCorrelator

after yesterdays big bull push for USD the greenback is slowly being pulled back to earth...........its back at zero now so your bet is as good as mine re direction

N
 

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scalpwise the usd has been a net sell really since yesterday evening........this morning I have still been selling it..................at this moment its punching north making bull noises

when scalping you review minute by minute for opportunities
 
euro not interested ...aussie now piling into sells.usd consolidating a good scalp bull run now
 
gu sells has been best scalp in last few mins .............below 6400 has been swift and profitable
 
6378..i'm relatively tight on this so as not to give much back.............exit is just a tough a call as entry .....generally as a scalper I still take my wins to early ........need to correct that fault
 
6386 and scalp of the bunch still.....(y)

Morning N

Agree GU been a nice scalp sell - like the EU as well

But I have the GU above 75 /80 in an up price structure and hope to scalp buy again soon

Have a cracking day :innocent:(y)

Regards

F
 
the usd for me signalled bull just before 7am..............now we need to see if it will consolidate and dig in for a decent run up
 
taking a few pips on eu .........not bad so far this morning for me .........
 
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