Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

gBP is only currency selling since 7.30 bar ...........no brainer on all pairs

GU down 20 pips .........

nice end to my brief session

cheers all
N

 

[NVP]

hey all ...........no further trading now from me today

looking at London morning the only standout trades ( post 8am) were

EA sells / resells
GU Sells / Resells
UJ buys / Rebuys
EJ buys / Rebuys

these guys all went to 50+ pips from 6am opens with extended trending
rest were struggling to get over 30 pips in morning session with only gbp and yen getting some bear wind and the Aussies providing the bull action

cheers
N

 

[NVP]

hey all ...........no further trading now from me today

looking at London morning the only standout trades ( post 8am) were

EA sells / resells
GU Sells / Resells
UJ buys / Rebuys
EJ buys / Rebuys

these guys all went to 50+ pips from 6am opens with extended trending
rest were struggling to get over 30 pips in morning session with only gbp and yen getting some bear wind and the Aussies providing the bull action

cheers
N

I see the Ea resells now over a 100 pip fall from 6am London .....cracking pair

 

[NVP]

the alpha bull today is the AUD guys ........so pairs with AUD are the ones to keep playing

the alpha bear is Yen at moment so sell it in yen pairings

EA is flying south .........and UJ / EJ buys are okish ......my only scalp pairs in that scenario above

N

 

[NVP]

Ea got as low as 1.4430's..........that's nearly 140 pips down from London opens ......been best of the bunch today I scalp !!

have a good evening


N

 

[NVP]

hey all .......

again not long for me to trade as busy today ...........will take last trades post 7am bar ......

6am action .............

GBP bear ........selling ...........usd is ok as a bull/buy so far ...cad,aud strong as well.....nothing much else showing as yet

pairwise ive been scalping the GU sells .........UJ buys are promising but hardly a pipfest

lets see what 7am does
N

 

[NVP]

hey all .......

again not long for me to trade as busy today ...........will take last trades post 7am bar ......

6am action .............

GBP bear ........selling ...........usd is ok as a bull/buy so far ...cad,aud strong as well.....nothing much else showing as yet

pairwise ive been scalping the GU sells .........UJ buys are promising but hardly a pipfest

lets see what 7am does
N

uj support at 102.40/41...may take another stab on rebuys ........

 

[NVP]

usd still bull drifting into 7am bar ...........so uj not showing

 

[NVP]

euro looks bear here on 7am ........may sell into yen or even gbp

 

[NVP]

ok heres what I see

selloffs gbp and yen

follow that

GU sell the peach as its going with earlier trends

N

 

[NVP]

ok gang ..............short but sharp session for me today .now tied up

only GU pair is moving for me so far ........a few scalps selling it .......nothing fancy but ok

UJ buys the only other recent candidate as usd is a nice nice bull so far London

the yen is selling but hasn't opened up as yet ...........shame

later
N

 

[NVP]

as I leave I really fancy EJ above say the 113.50 levels ......hmmmmmmmm

 

[NVP]

GU if I see price confirming above 2993 i'll have it .........

 

[NVP]

its 2995 and already bought.if I get faked then so be it ..i'm well up today and wanted one more trade

n

 

[NVP]

nope ..gu got faked with 2995 the high ....lost a couple of pips ........

you cant force the market until its ready

have a good day guys ..market still warming up really

later
N

 

[NVP]

one more look between calls ....

jees tough morning so far for pips ..........even pre 8am I usually can see more trades than this worth taking

the main volatile currencies ......gbp , yen and even cad are all pretty quiet so far .............only gbp opened up a little bear move earlier ..its trying again now to selloff

aud and usd have offered decent bull support for selling gbp or Yen .........

but only GU sell has offered anything decent to perhaps +20 on any pair move so far (that fortunatlet I had earlier )

ZZZZZZZZZZZ

have a good day
N

 

[NVP]

hey all

popped back ........

ok still not worlds greatest London session for scalping ........

GBP for me is still a sell when offered ...........its ranging 20 pips on bear side of the morning......just selling off again now

Yen is a real tease this morning ......no legs on it all so far ........wet weekend !!
currently selling but don't bank on it holding

usd for me finally confirmed bear status in last 30 mins .......so pretty useless for me trying to sell GU now ........

AUD and CAD are both bulls but ranging last 90 mins ........

so pair wise the last 90 mins has offered up

EA sells
AU buys
UCAD sells

with my 2 main currency alphas (Yen and GBP) painfully on the sidelines

back later
N

 

[NVP]

gbp is selling ........E/G buys look better option than gambling the gu sells if you fancy it

 

[NVP]

E/j looks solid above 113.47..........buy above 113.55 confirmed for more conservative traders

I am really looking for yen to finally get south more now

 

[NVP]

nothing running since much much earlier morning on yen or GBP pairs

Grrrrrrrrrrrr

back later
N