Best Thread Correlation Trading - Basic Ideas and Strategies

NVP

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Jun 21, 2004
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boring and slow still.........i actually scalped cable up a while back as only the GBP index is showing any real volatility ...nothing else shaking at moment ...

i took cable up at 2724 and it finally clawed to 2736 now .....i will have no hesitation selling it if it offers again back into london session main trend of bear
 

NVP

Well-known member
Jun 21, 2004
35,851
1,737
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west sussex, UK
fxcorrelator.com
today i am taking a few discretionary risks trading the market based on my experience ......this is where i struggle to explain myself to programmers .....i go with the flow ...i cant teach this stuff .....its not perfect but it works for me ..........cable to 2769 now ...im nearly some 40-50 pips up on cable bull which i would not have traded using mainstream rules
 

NVP

Well-known member
Jun 21, 2004
35,851
1,737
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west sussex, UK
fxcorrelator.com
hey all ..ive been following that 120 pip swing buy on GBP index for a few hours ....got me into Cable from way back earlier as already mentioned ...

ok so big battle at moment ....GBP index looks like its fading off significant resistance level (as Cable is 1.2800s )

happy to scalp it either way ......just waiting for the appropriate signals

N
 

NVP

Well-known member
Jun 21, 2004
35,851
1,737
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west sussex, UK
fxcorrelator.com
2826 now for cable so still buying...........GBP index has swung 135 pips since 9am this morning after an aggressive early london selloff

currency of the day and i havnt really strayed from cable much at all .......always go where the volatility is !!!
 

NVP

Well-known member
Jun 21, 2004
35,851
1,737
223
west sussex, UK
fxcorrelator.com
tell you what i will be doing ..............

i will buy E/G if the market indicates that trade
I will sell E/G if the market indicates that trade
I will not trade it if other pairs are showing more volatility and momentum ...I will trade them !

just like any other day or session in the forex market ............

trade what you see ...not what others tell you to do...... or any drivel from commentators

N
 

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