Best Thread Correlation Trading - Basic Ideas and Strategies
NVP
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when i do train scalpers the BEST BEST way to sharpen their skills is throw them in the 11am - 1300 session london
its generally a CR*P session ...........perfect for training that hard core execution of entry , look for 5 pips ...partial exit , move S/L etc etc ........
if they can keep losses to a minimum during that session they will truly make mega pips during the easier ones when the market is kinder
the way to become a good trader is to minimise your weaknesses ......which is not giving pips away on scratch trades ..........any donut can make money when the market is trending !!!
later
N
its generally a CR*P session ...........perfect for training that hard core execution of entry , look for 5 pips ...partial exit , move S/L etc etc ........
if they can keep losses to a minimum during that session they will truly make mega pips during the easier ones when the market is kinder
the way to become a good trader is to minimise your weaknesses ......which is not giving pips away on scratch trades ..........any donut can make money when the market is trending !!!
later
N
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NVP
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of course to many other scalpers ive played GU all wrong in last 30 mins ............theres sells from 2615 levels to 2603 if you play the game
but my game is using strengthmeters and currency indexes ......so i see things different sometimes
being profitable in trading is simply about NOT LOSING
and that includes not trading at times until the odds are in yuor strategies favour .....simple
N
but my game is using strengthmeters and currency indexes ......so i see things different sometimes
being profitable in trading is simply about NOT LOSING
and that includes not trading at times until the odds are in yuor strategies favour .....simple
N
NVP
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in truth i have played the market badly in last 90 mins
perhaps i shouldve been more bear on gu plays and certaily more Bull on EJ / UJ
but i felt they were all overcooked on london session and looking to retrace play them
but i am still making money slowly .........although ive missed 20-30 pips by not doing that above
never mind thats life
N
perhaps i shouldve been more bear on gu plays and certaily more Bull on EJ / UJ
but i felt they were all overcooked on london session and looking to retrace play them
but i am still making money slowly .........although ive missed 20-30 pips by not doing that above
never mind thats life
N
NVP
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never beat yuorself up about being on the wrong strategy / gameplan .........as long as you have not lost much then no harm done .........trading (especially scalping) is about having a 3 second regret memory .....just move forward using the right strategy and dont worry about the past .....its history
N
NVP
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us session is scorching along
euro got early hits to -40's ......cad goe hard bull earlier to +40s
GBP pushing bull now
sa far the early plays were selling Euro in main pairs (E/G , EA , EJ) and dumping ucad as well
lots of retracing in g8 at moment so play the reversal or wait for recontinuation of early us trends
N
euro got early hits to -40's ......cad goe hard bull earlier to +40s
GBP pushing bull now
sa far the early plays were selling Euro in main pairs (E/G , EA , EJ) and dumping ucad as well
lots of retracing in g8 at moment so play the reversal or wait for recontinuation of early us trends
N
