Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

might take 3019 as need to call it a day now

3228 the ucad

 

[NVP]

out 3019....gotta scoot

(coward)

out 3228 the Ucad as well ..........double coward

that's 10-15 pips in about 15mins work

have a good evening
N

 

[NVP]

morning

overnights
BULL- AUD USD GBP EUR
BEAR - YEN NZD CAD

6am londons...
BULL - GBP YEN
BEAR - CHF EURO

scalping londons ......
only GU buys has got to +20's so far from 6am ...so i'm working for my breakfast !
EJ / EA sells ok .....steady really

i'll focus on these into 8am bar .....

 

[NVP]

updates

Euro is THE SELL

Ea sells doing well for me ........up 40+ pips now from 6am starts
EJ sells sluggish but ok
even EU selling well......

good dynamics..watch out for Yen ..........its very rangy so don't commit too much as yet ...its bull run may be over

N

 

[NVP]

overall the market has been light this morning from 6am so far ........had to work for things during my 2 hour shift.........back later

have a good one
N

 

[NVP]

updates

consolidation of London early trends in last 30 mins so hard work unless you trade the fades

gu looking best re sells ........3003 holding

 

[NVP]

uj and EJ buys interesting .......tey just need to convive me they will breach the Recent R levels

EJ 112.75
UJ 100.78

N

 

[NVP]

112.76 the EJ .........let it prove to me it has the legs

 

[NVP]

ea just breached 4581....interesting .again to be convinced I need to see consolidated support at these levels .....its retraced 50% nearly from earlier London session lows now

 

[NVP]

uj and EJ buys interesting .......tey just need to convive me they will breach the Recent R levels

EJ 112.75
UJ 100.78

N

112.86 the EJ ...........fast or dead

 

[NVP]

yen bear driving the market ..........shes now reselling from late Asian bear again

 

[NVP]

gu resells offering again finally ...............3011

 

[NVP]

JEEEEEEEEEEEEEEEEEEEEEEESSSSSSSSSSSSS - spike

 

[NVP]

missed it .................DAAAMMMMITTTTTTTTTTT

 

[NVP]

ok i'm working the GBP sells ...........Euro buys .usd still bull ...yen bear

I took EA as it reconfirmed bull status ....still enjoying EJ buys as well

back later
N

 

[NVP]

you have to be on the right pairs to make money scalping - its what most traders don't get .....you have 28 pairs to chose from on the G8 ........don't sit in the traffic jam when the freeway lane is open

scalping is much easier when you have the best oairs to chose from all the time

 

[NVP]

ok i'm working the GBP sells ...........Euro buys .usd still bull ...yen bear

I took EA as it reconfirmed bull status ....still enjoying EJ buys as well

back later
N

cant get GU much away from that 3000 level ......only down to 2987 again

EA still working it hard recycling buy phases up again from 4582/3


EJ still working it hard recycling buy phases up again from 112.81/85

N

 

[NVP]

I am on the right pairs though........just put 10-15 pips on those guys in last 2 mins

 

[NVP]

gu on big R level again 3000

usd looking more bear now so not as happy as last 2 resells if offered

 

[NVP]

liveliest ive seen the euro in many many days ......its been bull Asian , bear ealy london and now has swung some 60 pips bull again from 8.20ish

jees can I have what its drinking as well ?