Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

i actually thought yen would rally more into us session (as mentioned much earlier pre us opens)

it did for a brief period but now getting real real pain

N

 

[NVP]

tied up for most of day - will try to get in later

N

 

[NVP]

got in for a brief session

6am opens

Euro , Chf Bull ........GBP coming hard now as well - Europeans in charge
yen and GBP were early sell, gbp bounced but yen still sellable
usd selling now

managed 20 mins ...... I missed the EA and EJ Buys........

played the recent usd selloff ok ........GU buys mainly from 2540's to late 60's so far

back later
N

 

[NVP]

superb rebuy on GU from 2550's.to 65 so far

 

[NVP]

cads a nice sell .........i will rebuy UCAD if usd now softens selling into a bull run

 

[NVP]

theres 4 main pairs on my radar at moment

EU , EA , EJ , GU ( all buys)

playing the bounces whilst watching the behaviour of the currencies involved

N

 

[NVP]

ouch ..gbp taking hits ..........i'll chase gu south here

 

[NVP]

all change in G8 dynamics .......all change

 

[NVP]

all my main scalping pairs are now pretty much back inside 10-15 pips from 6am open levels .....

some of those pairs got to 50 pips from open...........

so some big swings in last 4 hours !

N

 

[NVP]

clearly madness to play GU at moment until we see a move outside 2546-2536

.......all bets will be on reselling

let see

 

[NVP]

gu is screaming sell to me looking at gbp and usd behaviour

i need gbp to sell more

 

[NVP]

eu sells going ok as well .....

 

[NVP]

10am bar turned market on its head

 

[NVP]

cads a nice sell .........i will rebuy UCAD if usd now softens selling into a bull run

hard work here ........shame

 

[NVP]

uj buys temting from 115.00

 

[NVP]

gu looking for a buy here above 2550 ....testing envelope

 

[NVP]

uj buys temting from 115.00

bought 115.03

 

[NVP]

out 07 ......jees the market is painful at moment

 

[NVP]

nothing is selling on currency front in my stable

 

[NVP]

europeans look like the sells ..........so trying to work that against the usd