Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

Morning all

Will call some later if I get time......generally first hour I try to get the majority of my target pips,under my belt before posting much........it is time consuming and distracting

It's much easier to talk in a trade room and trade than try to post

Later
N

 

[NVP]

erly doors but already the EA has been a nice mover as a sell ........its got to nearly 50 pips suth since 6am already ............

I don't expect that to last but will certainly be playing the resells

yen sold off well..............moderate buy pips on EJ and UJ

nothing else really happening AU buys but really its behind the pack already mentioned

back later

N

 

[NVP]

Here's the same set up on the 1 min chart

F's on the EA as well above

yens a guarantee to move early 6am as well usually ..........depends if my 2 main pairs on it U/J and or E/J are obliging ...........if the euro and usd are chasing yens direction then its not as lucrative .....

this morning all 3 are bear at moment from 6am .....so EA was the play :smart:

GBP is flat as a pancake ............someone give him a call ?

N

 

[NVP]

erly doors but already the EA has been a nice mover as a sell ........its got to nearly 50 pips suth since 6am already ............

I don't expect that to last but will certainly be playing the resells

yen sold off well..............moderate buy pips on EJ and UJ

nothing else really happening AU buys but really its behind the pack already mentioned

back later

N

buy playing the 3-4 pairs above I am pretty close to my 50 pip already

is not hard really from 6am .....follow the currencies with momentum

N:smart:

 

[NVP]

so far from 6am the yen has run down twice to -25 pips..........if I had managaed to have euro or USd even moderately bull during those periods I would have doubled my pip haul by now ...........

gbp is a pussy today ....... its staggered out of bed ...and fallen only 8 pips so far ..........thats comatose compared to last weeks action

thank god EA has been active to help ..

heres more recent Yen still selling off into my 2 fav pairs on it

SELL YEN !!!

N

 

[NVP]

ok i'm going to get ready for work......done ok already so not chasing the ace anymore today

watch the gbp ............its brooding on sells ..........only 8 pips off so far from 6am ............watch the dump on time windows ...........go GU sell

N

 

[NVP]

here gu comes .............

 

[NVP]

ok i'm going to get ready for work......done ok already so not chasing the ace anymore today

watch the gbp ............its brooding on sells ..........only 8 pips off so far from 6am ............watch the dump on time windows ...........go GU sell

N

gbp has drifted down over 10 pips now on GU .........still a little tricky though.........and other pairs are rocking much much more ..........

EA now some 70 pips from 6am open :smart:

ok back later
N

 

[NVP]

I really really owe F a pint on getting me back into the EA ............2 bloody boring and genrally slow currencies .....

but they genuinely HATE one another most days and offer cracking inverse correlation

N

 

[NVP]

Hi NVP,

Yes EJ is rising up..straight..EO is never good for me specially on certain days..95% time I lose during EO. From now on I will predict those days in advance.

Now a break...
Good day..
S,

yen has been a great sell today Sun ...........sure you had to wait to trade it at best times against the Euro and also the USD .....

but those pairs have never once made me think buy them this morning

100 pips selloff from 6am on EA as well.....bonus ball for me today ...

cheers all

N

 

[NVP]

sorry all.........really really busy at work at moment .....perhaps will pop in tomorrow

good trading
N

 

[NVP]

hey all

bit scrappy this morning .....but got a few good scalps in earlier

EA has been my lead scalp (sells)...looking now its taken nearly 50 pips out of market from 6am

others ..........

GBP has been volatile ...........buys and sells been possible ...more recently selloffs .............................scalping into Usd (now solid conformed bull since 7am)

Euros had a bear London session .again more recently E/J and E/U sells working

have a good day ...........its still warming up really as not huge pip moves yet happened

busy now ......cheers
N

 

[NVP]

hi all

manic at work at moment - no chance to play much

back when I can

N

 

[NVP]

shame today .............

BUYS - smooth runs up this morning on the Yen , CAD , AUD , even USD
SELLS - EUROPEANS - GBP showing usual aggressive volatility...and CHF leading Euro for a change

as a result the GU has sold off to nearly 70 pips from 6am at times
EA got south similar pippage so far
EU Sells to -40 pips , UCHF similar re buys

nice
N

 

[NVP]

whoa - /EA buys coming back in !!!!!

 

[NVP]

ok sadly gotta go ........shame im missing all the fun

N

 

[NVP]

GU sells as well....tempting at 4144............fast scalps available

 

[NVP]

GU sells as well....tempting at 4144............fast scalps available

4135 now ................grrrrrrrrrrr......easy 5-7 pips .....

ok gotta scoot .....:smart:

 

[NVP]

Hey all

Jees what a damn week .......work is crazy busy

When it eases I will be back

Ok I am always here to take questions and I still answer a constant stream of questions and requests for,training via pm here or on my [email protected] address

My fxcorrelator .com website is down currently as I havnt the time to reload it and add the fancy stuff it used to have ......again when time allows

I'm also on youtube under same names as above ......I need to load some new stuff and will do so in the future ....but what is there is still very valid and relevant ......I've just moved on since then to more scalp,trading specialisation :smart:

Always happy to help and I will deliver some training in the future when time allows

N

 

[NVP]

Still can't get time to trade......Jees I'm like a junkie trying to get a fix......

Will be back soon hopefully......want to play with a couple of ideas as well

N