Best Thread Correlation Trading - Basic Ideas and Strategies

psst.....NVP

psst.....NVP

what ?

the peg on the EURCHF is slipping ......

jees .....hes right you know.....SNB is letting the Euro fly a little....

Perhaps the CHF is moving back into older traditional Territory (similar animal to YEN and USD behaviour) ?...early days though ...early days

I hope so ....I miss the old CHF moves !

N
 

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And you thought support and resistance was only for normal pair charts ?

look at the USD (this is a 500ma setting)

will it breach further South ? or drift back up into the channel again ?

Dow's direction will be key.....if Dow falls I am full on buying USD now at this moment

N
 

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watch the G/U !!!

above 1.6035 looks interesting..poss new high coming
 
hmmm.....USD is starting to look not so bearish .....another false alarm

Now i'm wondering if the Dow will bounce south soon off that reisstance level
and we get a USD rally

N
 
people have gone to aussie buys as well.....GBP and Euro are not first choices it seems !
 
exit A/U if you are nervous .....-3 -4 pips again sorry ....damn euro sells killed me
 
I could switch to the Euro sell as its below that price I set earlier ....but in truth calling the USD is really really giving me trouble at the moment so I am stepping away .....
 
no no no NVP......step away !

guys ..........when you get drawn in and the market is telling you whipsaw things just step away ....it will always get better later on .....

later !
N
 
NVP said:
hey A-Game

see the free indicator now loaded in my signature area...not perfect but you can assess certain currencies vs the G8 :smart:

N


Thanks a lot I appreciate the heads up. Nice work. (y)
 
I see the Dow is challenging north still - and USD got a big hit south ....look at the emerging Euro !
 

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well here we are again ...........

Dow right on the Resistance line and we are looking at the highest Dow in a long long time ......

unless we have catalytic news today I am not convinced it has the Power to break into the big time

N
 

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