Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

morning all

overnights
yen sold to -150's , gbp to + 130's , usd bear

London 6am ...
yen / GBP classic Asian reversals so far .......GBP to -30's Yen to +30's ....perfect signals ....usd bull bounce....

Pairs being scalped ....
EJ sells / UJ sells / GU sells all dominating .......all to -20-30 pips at times .....some nice action but wish the usd would get more of a move on .........GBP going more bull now in last few mins .......

N

 

[NVP]

not a bad session so far (see my trading thread)

GU and EJ getting my attention and a few pips made

adding extra screen as I want to open up more charts and paris now we are post 7am bar ........back later .....less posting and even more scalping for me now for a while

N

 

[NVP]

7.30 bar holding patterns .........10 extra pips on EJ in 2 mins ...........to 117.92 now .......

 

[NVP]

ok ............may be some consolidation now ....will tidy up .back before 8am

hey all..........need to go to some meetings soon so tidying up .......as mentioned earlier I saw the consolidation signals flashing on my moves

in fact in last 30 mins the situation on GBP has significantly reversed and its been a really good seller ........GU safe selling from 3400 levels ......USD and Yen now more persuasive as a bull as well so better correlation

Euro held bull ............EA buys not bad as well........

ok good trading all ..........be back later .....ok session for me first day back in saddle ..........no complaints re pips made

N

 

[NVP]

just before signing off ..........I can see the Yen still getting Resistance level price rejections from earlier in the London opening ..........so I would watch it for more selloffs ......

 

[NVP]

now heres a thought from lance ........


http://yourtradingcoach.com/trader/a-thought-experiment-that-might-just-get-you-profitable/

 

[NVP]

just before signing off ..........I can see the Yen still getting Resistance level price rejections from earlier in the London opening ..........so I would watch it for more selloffs ......

yep - been a nice run down on yen eh ? ..........theres a support level coming but if that breaches than no limits on extension....

EJ and UJ buys still in motion on this run........awaiting new highs though for confirmations

N

 

[NVP]

regarding the week so far .......

GBP has put over +500 pips on the table so far ..big kicker from yesterday
Yen has done the opposite ......-6-700 dwn for week
usd flat .........cad,AUD,Euro all a little bullish so far
only NZD feeling some pain with yen

logic would dictate some corrections into weekend on GBP and Yen as traders take position .........lets see if this materialises

N

well the gbp now under extreme pressure after a good weeks buying ......GBP index now back to key S level from yesterdays highs ........if it buckles then more traders will bottle on their weeks gains and sell it off into weekend

yen still being sold this week .........no let up really seen yet

Hmmmmmmmmm

 

[NVP]

don't worry too much if you are a novice / intermediate scalper and today has been harder going ...............in truth if you are specialising on usd pairs for scalps the usd is pretty flat so far today ........sure a couple of half decent bear and bull runs but in truth theres been better sessions this week ...

remember it takes 2 to tango for a decent pair move ..........you need both currencies really getting momentum up in opposite directions to generate decent pips ......

if USD is not playing then that's twice the work needed for the other currency in the pair .................in reality only GBP and perhaps CAD or Yen can fit that bill guys ......

hence my focus on GU today so far ............

hang in there ..........
N

 

[NVP]

hey all.......I will try to play some of the us session .....poss later on

at the moment he usd is sure bullish .......AU the sell presently

EA looks like a decent buy as well.........

ok back later as things settle in

N

 

[NVP]

still scoring a few on my scalping thread.........and thanks for everyone's positive feedback re my recently updated website (see below in links area)

 

[NVP]

regarding the week so far .......

GBP has put over +500 pips on the table so far ..big kicker from yesterday
Yen has done the opposite ......-6-700 dwn for week
usd flat .........cad,AUD,Euro all a little bullish so far
only NZD feeling some pain with yen

logic would dictate some corrections into weekend on GBP and Yen as traders take position .........lets see if this materialises

N

as suspected .......about a 34% correction on GBP high for week now starting in early Asian session ...............seems like most straders want that money in the bank now for weekend

yen rebuys not so fussed so it seems that dog stays a dog for weekend

N

 

[NVP]

gbp bear now fully supporting the usd bull ...........sell sell sell

been dipping in and out over last few hours but not posting as had other screens up .........GU came down another 100 pips from here

overall a nice nice us session for me ........will cover the week in detail over the weekend with video

cheers
N

 

[NVP]

Dear Sr. NVP

My name is xxx, i consider myself as a newbie in the forex trading world, for monghts i’ve been looking for a good strategy without finding one that suits my trading ability. Always having some losses but never giving up.

This changed when i found in T2W the FX CORRELATOR SYSTEM.

I’ve been testing your Triple Corrie indicator, in a demo account, using some of your sugested strategies and also some of my own. For example taking into account the RSI for the pair i am trading.

I have being seeing really good results for some weeks, 15% increase in my equity per week, with a rate of 7/10 success rate of trades.


I am writing to thank you for such a good strategy, and also i was wondering if there is any way of obtaining more information or advices from you.

Sorry for my poor english, and thank you for your time.


Best Regards,
x

hey there !

to save time I have responded here as this question resonates with a lot of people who contact me these days

firstly thanks ! - yes - I think that any serious Forex trader needs a forex strengthmeter in their tool kit as it really is a great way to look at the G8 and assess the market dynamics before you decide what pairs to trade

my edge is taking this much further and using strengthmeter systems to actually trade pairs ......developed over last 16 years now

the triple corrie is explained below ...........couple of recent videos ......and yes I am going to try to provide more information and training hopefully in 2017 when I get more time away from my financial consulting work

so watch this space !
N

 

[NVP]

heres the week .......how did you do ?

N

https://www.youtube.com/watch?v=ptGQLHvJruU&feature=youtu.be

 

[NVP]

morning all ........

go to my trading thread for more updates ...............

overnights
yen to -50 and gbp got bear ...to -30's
nzd the buy to +30, early gbp to + 30
cad bull .usd now bear
otherwise dull affair

from 6am trading
GBP selling to -15's
yen bull to +20
sloooooooooooow start to week........no surprises there

scalps so far ...........
not really much around..........i'm playing gbp sells and yen buys into my scalp pairs

UJ EJ sells ok so far .........more resells at moment from 105.44 UJ ......116.68 EJ

GU is tricky.....i'm slowly selling it from 3240's but its pretty flat ............need more conviction from GBP

usd flat as pancake so far London

ZZZZZZZZZ

N

 

[NVP]

long morning .....slow but steady scalping ....nothing big re moves but profitable for me

ok will play out the usd / yen bull move selling other currencies into them from 8am bar

then back later
N

 

[NVP]

London morning session ended a while back .....

GBP and Yen were swinging eventually ..........GBP got to +30's , Yen to -30's

weve seen Euro bear ..........USD ranging both ways through morning

pairs
UJ buys , EA sells , GU Buys been the biggest movers in morning .........still to only 30 pips from 6am bar though ...........so enough to scalp comfortably ......but runner wise nothing to get excited about

pre US opens .........at the moment I would be looking for more GU buying off 3256 recent highs ...........yens selling well again so perhaps get into EJ or UJ buys if usd or eur come bull

N

 

[NVP]

not really traded us session much - busy elsewhere

yen actually got itself slightly bullish from sunday opens in early us session .........but since has sold of big time ......-100 pips in fact........gbp went bull the opposite way to +70's ...nice divergence

Cad sold off nicely as well us

easy money selling yen into Euro and USD

easy money buying GBP into usd simplest .........

ucad buys as well were going ok ....struggling now but would happily go back in above 1.3000 level

have a good evening .......
N

 

[NVP]

GO to my trading thread for more info on todays action


morning all...........

overnights
yen the bull play ........to + 70's
Selling CAD , GBP , AUD to -40's ...........

London 6am......
yen is selling and retracing off of the Asian push....... .to -30's
gbp the buy to +20, usd bull aud bull
nice patterns

pairs scalping
nice morning so far for me .............easy to sell yen into usd and euro to + 30's so far
(buy UJ buy EJ)..stay on them guys
EA sells not bad to -20's ....(AUD is strong)
GU buys to + 10's (but remember usd is bull alongside GBP so far)

nice session for me so far and will be happy with my pips by 8am

N