Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

buy eu 3202 ...deja vu

 

[NVP]

meanwhile the AUD ploughs north.........I shouldve been on it way back

 

[NVP]

forexperian would kill me for the stunts I pull .........but then again I trade pure strenghtmeter signals and need to ignore what normal charts tell me a lot of the time

N

 

[NVP]

exit eu ..2 pips down .......

 

[NVP]

at 6577 I feel intuitively that ive made the right call on USD ....its going bull.......but gbp is not pulling south at present ...........

 

[NVP]

6573......i'm going to step out around b/e as need to pop out ,....................painful session this morning with no real profits on the table ..such is life

N

 

[NVP]

as I leave the aud continues to roll north ..........trade of the morning and I truly felt I had missed the boat when I fired up earlier so left it be........funny old game is trading

N

 

[NVP]

looking to start scalping sells on USDCAD below 0899

 

[NVP]

it slipped to 03 but now back at 97..........this is pure scalping

 

[NVP]

also watching eu above 76 ........its 4 pips back up at present

 

[NVP]

slim pickings at present for scalping

 

[NVP]

on the default 20ma 1 hour chart .....

usd is now approaching 3rd phase of sells ..........I don't get to bothered about its convergence before crossing the zero.........its mainly only direvergence where I call the phases

and on a 20ma setting believe me its harder and harder to diverge the further you get away from the zero.............

read up about macd to see what I mean

N

 

[NVP]

also watching eu above 76 ........its 4 pips back up at present

got to 81 so far on this rush..........i'm going to wait for more buys above 74 if it comes back that far

N

 

[NVP]

eu at 83 ........

 

[NVP]

usdcad now pushing deep above 0899....0905 now ...........that dude will be a sell again soon looking to go below 0902.........its getting better and better value all the time

 

[NVP]

gu has been a steady buy this morning from early hours ......nice

 

[NVP]

sell usdcad at 0902

 

[NVP]

usdCAD is not my most favourite scalp engine but fun playing here.......... I am looking for cad to resume its bull run

 

[NVP]

sell usdcad at 0902

s/l at 04.........tight tight tight

 

[NVP]

08 would be safer as i'm pretty happy this dude will come back down............famous last words