Best Thread Correlation Trading - Basic Ideas and Strategies

morning all......

tedious session.....ZZZZZZZZ

overnights
USD bull , and CAD , /gbp,/euro
NZD the bear ..a little yen as well

London 6am......

ZZZZZZZZZZZZZ
aud is bull..........euro selling ..........gbp and yen not yet really getting fired up so rangy and choppy.....usd looking bearer and nearer now

pairs

ive only really been on the eA in my scalp stable .........selling it .........otherwise pretty quiet .................head down in next 15-20 mins then gotta scoot ........

ive done ok ..........but nothing to get excited about

have a good day
N
 
Been reading your posts for a few weeks now and just joined. Thanks for sharing your thoughts...

hey there S

you are welcome ............ i'm always around for a chat here.......:smart: ...........

N
 
Ea has been my saviour this morning so far .........been selling it down from 4510 off that solid resistance level ..........4476 now ..........will stay on it still

N
 
ok i'll tidy up now next 5 mins then otta here till lunch

have a good day all...........last 10 mins really got me into decent pips for day :)

N
 
I still think GU will come big bad bear but its to early days on that or me now ............

Ea got me outta jail to day ..50 pip selloffs from 4510 highs of London so far ...scalping in and out all the way down to 4460's so far :)

cheers
N
 
Yen bull is doing ok now ..........but EJ and UJ sells are hard slow work.........

G8 volatility picking up well as I leave now ........

later
N
 
Yen bull is doing ok now ..........but EJ and UJ sells are hard slow work.........

G8 volatility picking up well as I leave now ........

later
N

really disappointing I cant get to trade more this morning ......

EA been down to 4430's
GU down to 2930's
EJ down to 2960's

nice nice G8 session ...great volatility run up from 8am's .....

N
 
not a bad London session in the end ........

Euro and GBP got south ......GBP to -50's
yen spiked north to +50's , CAD As well
AUD bull to + 30's

usd ranged bull/bear .......

my smallish stable of suitable pairs I scalp offered some reasonable returns

(pips from 6am opens)

EA to - 60's
GU to -60's
EJ sells to -50's

that's enough of a trend for anyone to make reasonable pips by dipping in and out

N
 
hey all ...............

no time to play the us session :(

shame as its been very lively ..............

CAD is THE main man ..........big bull action (continuing from Asian and London) ........its hit nearly the 100 pips from Asian opens .....half of that in us session

nothing near it in us session

Also rans

BEARS - Yen , GBP , AUD , USD , NZD
BULLS - EURO , CHD

pairwise you do the math above .......

us session is a one way street selling UCAD ..(well any buys on CAd really)

my fav scalps also would have been EJ buys and EA buys ..........

have a good day gang ........

N
 
I'll draft up a few questions... is 10 pages too much??

put them on this thread S ...........I tend to answer for everyone to look in on ..............you would be surprised how useful it is for people looking at this thread as they sometimes don't ask as many questions as I want them to as to shy to ask :smart:

so ask !!!! :p

N

I also notice we are at 1.4m views now this thread ..........not bad at all .:)
 
you must execute your exits as mechanically as possible .......but first you need to understand what kind of trader you are to determine the best strategy for yourself .........

remember your personality / profile is a huge part of your trading strategy in all areas

one size does not fit all and it is also the reason why you cannot trade someone elses successful system .........its not just the learning ...its your personality getting in the way

N

a little advice I should take myself sometimes ..........and definitely a barrier I am finding re some mentoring I have been doing recently ........you cant just clone traders

N
 
morning all

heres the week
CAD has had a stonking bull week .........its over the +200 pips and heading for new highs
GBP has been the dog ..........sold off to -200's by yesterday

WATCH the retraces on these 2 guys today...Traders in profit from CAD and or GBP pairs will be looking to protect themselves into weekend and will be closing out deals

heres overnight
CAD and GBP are bull .......to +20's ......pretty lightweight actually
Yen the sell to -30's + NZD bear

heres from 6am London
slooow so far .........yen bearish .......gbp is the bull but ranging at moment .......NZD bull as well......usd bear/flat

pairs I'm scalping
slooooooow............I chased GU north , EA south , and now more recently trying to get on EJ , UJ buys

but peanuts so far ..............i'm waiting to see which of the GBP yen currencies is the one to back selling down now ............usd looking to make a bull play next I feel

still busy this week elsewhere so will not be around for long........especially with this lack of volatility :)

N
 
Last edited:
jees ..........when all I can see clearly is a Euro bull that's a low volatility market :)
 
slow morning on my scalping thread

ok all changing again on correlation front ............back later ........GU to 2951/52

peanuts but at least a live call for you guys from 2960... ....right ?

N
 
Top