Best Thread Correlation Trading - Basic Ideas and Strategies

Screenshot_18.png
 
Forex Diary 9th Dec 2020

GBP roaring Bull this morning ...Cable shown ....but all GBP pairs delivered so far

you cannot trade the forex market unless you can really SEE IT ...

until you use strengthmeters like this one you are trading with one eye closed ......and trading is hard enough already !

 

Attachments

  • Forex Diary 9th Dec 2020.JPG
    Forex Diary 9th Dec 2020.JPG
    86.4 KB · Views: 96
Forex Diary 9th Dec 2020

GBP roaring Bull this morning ...Cable shown ....but all GBP pairs delivered so far

you cannot trade the forex market unless you can really SEE IT ...

until you use strengthmeters like this one you are trading with one eye closed ......and trading is hard enough already !

Thanks - just donated. I'm been caught out a few times on relative strength / weakness.
 
EURNZD tomorrow - swing long - orange line. Looks like we've got NZD weakness across the board tomorrow (technical setups there across NZD pairs)
 

Attachments

  • EURNZD.png
    EURNZD.png
    77.1 KB · Views: 85
Price action on GBPUSD very similar to stuff I saw on EURUSD in June. See below.
 

Attachments

  • EURUSD.png
    EURUSD.png
    38.7 KB · Views: 93
am interested in blue and bottom gold. DXY res at pink. Reaction off blue v.imp before taking a position. Not just blindly taking. Same with Gold.
 

Attachments

  • GBPUSD.png
    GBPUSD.png
    49.6 KB · Views: 92
  • DXY.png
    DXY.png
    36.7 KB · Views: 86
Last edited:
Top