Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

counter signal activated to sell the yen and usd .....hmmm

N

 

[NVP]

very scrappy though so I would walk away with a handful of pips down on these 2 currencies

they are bouncing up and down on their 20ma so no momentum at all now

we missed the bus

and the euro and GBP have never got north on their 80ma's..

shame as their 20ma's were very north earlier !!!

N

 

[NVP]

morning all...........

I see the US had a real nice pm session........a steady rising Dow gave us plenty of correlation stability and profit

N

 

[NVP]

what the hell happened in the asian session !!!

who cares...it was a pukka signal on the 80/20 system :smart:

N

 

[NVP]

the 4 hour charts have been very kind...........will it run again ? :smart:


N

 

[NVP]

cheeky aggressive trade coming here .............GBP always worth a punt on a early signal as it moves so fast
(although GBP has been languishing south now for a while)

dont stay for breakfast though

N

 

[NVP]

dont listen to him viewers ......hes rubbish NVP............

hes set some rules for the 80/20 system.................BUT NEVER FOLLOWS THEM :smart:

Jees :whistling
N

 

[NVP]

later all..off to work

 

[musketeer]

If it was based on fundamentals I would have to go with the CAD (perhaps a little biased here). The economy is very strong, minimally impacted by the worldwide downturn caused by the US credit crunch and the banking system is touted as a model for the rest of the world.

obviously then you will be against large specs - referring to COT...

 

[NVP]

cheeky aggressive trade coming here .............GBP always worth a punt on a early signal as it moves so fast
(although GBP has been languishing south now for a while)

dont stay for breakfast though

N

hey........the dow did fold south

so I got the selling currency wrong ?.......sue me

 

[NVP]

obviously then you will be against large specs - referring to COT...

Hey M

I use the charts pure and simple and my analysis / experience re inter-currency dynamics and a few fundamental news releases if deemed important

I could utilise hundreds of charts / news reports and fundamentals but chose to keep it simple

regardless of trading styles and strategies - the trick is to keep the rules relatively simple and uncluttered as I believe all decent strategies work if you stick to them and do not chop and change or complicate them

N

 

[musketeer]

Hey M

I use the charts pure and simple and my analysis / experience re inter-currency dynamics and a few fundamental news releases if deemed important

I could utilise hundreds of charts / news reports and fundamentals but chose to keep it simple

regardless of trading styles and strategies - the trick is to keep the rules relatively simple and uncluttered as I believe all decent strategies work if you stick to them and do not chop and change or complicate them

N

Hey N
my answer was not for you... yep, cant agree more...
btw, the rose of gbp was becoz of news - Manufacturing Production m/m....

Best!

 

[NVP]

more rules broken ..............


tee hee
N

 

[NVP]

GBP looks ripe to Sell...................

 

[NVP]

awe c'mon gimme a break ............1.5973 was entry signal to sell G/U

 

[NVP]

market turned slightly just as GBP closed below its 80 and 20ma

Jees........

 

[NVP]

c,mon dow fall below 12650

 

[NVP]

if the dow gets above its 20ma again I bail ..........

G/U back at 1.5973

 

[NVP]

is it me ?

the market has frozen

n

 

[NVP]

euro is falling slightly ...c'mon GBP .fall dammit !!!