Best Thread Correlation Trading - Basic Ideas and Strategies
NVP
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just finishing a trawl of the threads here at t2w.....
I still read most stuff these days as the nuggets still appear (abeit rarely) or at least you get reconfirmation of the classic lessons that you dont (sadly) understand, appreciate or apply in the first desperate years in this game .......and if you get that far you will undestand this :-
in trading (and in life) winners can see both sides of a situation simultaneously (utilising all relevent facts available) and take the optimum decision to affect the best (or least damaging) result for themselves
sounds easy but its not............and I personally havnt even touched the sides yet as if the Eternal Student ever decides to become the Master then god help them .......
N
I still read most stuff these days as the nuggets still appear (abeit rarely) or at least you get reconfirmation of the classic lessons that you dont (sadly) understand, appreciate or apply in the first desperate years in this game .......and if you get that far you will undestand this :-
in trading (and in life) winners can see both sides of a situation simultaneously (utilising all relevent facts available) and take the optimum decision to affect the best (or least damaging) result for themselves
sounds easy but its not............and I personally havnt even touched the sides yet as if the Eternal Student ever decides to become the Master then god help them .......
N
NVP
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on the triple corrie we have just 2 currencies aligned
buy Euro / sell GBP
I am watching for opportunities to trade either of these against the dollar based on directions above on the 1min and 5min charts
AUD is not far off a Triple arrow buy signal so that could be the wildcard buy into USd
unfortunately the USd and the Yen are looking very bullish on the 4h 20ma chart so really we should be leaving sells alone untill it falls below the zero and we get a chance of some triple corrrie sell signals (or alternatively the 15m and 1h get above the zero of course and we can buy the tag team...)
your money - your calls
N
N
buy Euro / sell GBP
I am watching for opportunities to trade either of these against the dollar based on directions above on the 1min and 5min charts
AUD is not far off a Triple arrow buy signal so that could be the wildcard buy into USd
unfortunately the USd and the Yen are looking very bullish on the 4h 20ma chart so really we should be leaving sells alone untill it falls below the zero and we get a chance of some triple corrrie sell signals (or alternatively the 15m and 1h get above the zero of course and we can buy the tag team...)
your money - your calls
N
N
