Best Thread Correlation Trading - Basic Ideas and Strategies

NVP

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regarding the cable recovery north .....when did I start BUYING Cable ?

im always mindful of the relative index strengths of USD and GBP for the london morning session.... but equally its interesting to see when the price hits the early london opening levels .......in truth i started hitting cable around the low 2920s ....its up to 2980s now so a cracking retrace !

N
 

NVP

Legendary member
36,542 1,849
hey all

ok choppy morning on G8....real messy ......

GBP was shaping for sells but its cut back north .......AUD is pretty active so that tells me that Europe is too dead at moment to trade

Yes you heard right ...i havnt taken 1 scalp as yet .....see ...me ....patience ......It does happen !!!

back later

N
 

NVP

Legendary member
36,542 1,849
jees its hard today ............I took a tentative scalp on Cable at 2951 down to 2944 now ....but its so damn choppy
 

NVP

Legendary member
36,542 1,849
low of 2932/33 on that last scalp so ok .......looking to resell cable again in 2943/42 area if it comes soon

GBPCAD is the real deal resell but to much spread on scalps
 

NVP

Legendary member
36,542 1,849
low of 2932/33 on that last scalp so ok .......looking to resell cable again in 2943/42 area if it comes soon

GBPCAD is the real deal resell but to much spread on scalps
nvp you are like a coiled spring-imho GU just had another south signal couple of mins ago

hey BP ....man o man its a tough day so far.....im doing ok but ive had to sit on my hands a real lot .....GBP bear action is hapening ....but no real explosions yet

N
 

NVP

Legendary member
36,542 1,849
low of 2932/33 on that last scalp so ok .......looking to resell cable again in 2943/42 area if it comes soon

GBPCAD is the real deal resell but to much spread on scalps

this pair sold own from 7235/6 to 7210 so far from last post ....i just dont like the costs of trading that pairs spread .....not for scalping .........different story on higher timeframes ...i trade all 28 pairs there.........
 

NVP

Legendary member
36,542 1,849
lot of action on Euro pair pullbacks ready to resell into the Euro Bear.....just a heads up