Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

jees i'm slow at this still

 

[NVP]

ok the usd just CLOSED below the zero on the 1hr 20ma (as already described )

so set a BUY line against your EU , GU , NU , AU (team1)
and sell line against U/J , CADUSD, CHFUSD (team 2)
based on new opening price

then read my earlier instructions ..............

you have a signal if team 1 goes north , and if team 2 goes south

N

 

[NVP]

so GU buy is looking promising and perhaps sells on U/J below 103.81..........in fact UJ peaked at 84 recently so this is promising .........

but hey ..........i'm not going to give away ALL i'm doing

N

 

[NVP]

plenty of juxtaposition and converse thinking is always needed in trading ...........you must constantly stack up the reasons to buy a pair vs the reasons to sell it ..........minute by minute if you are scalping

read forexperians threads .....it doesn't matter how he is trading (although clearly effective) but he is constantly watching prices and clues as to whats happening ............minute by minute

that's great trading

N

 

[NVP]

ok gotta scoot for a while as it looks slim pickings at present ........

later
N

 

[NVP]

as I leave I would scalp sell EU if it ever gets near 3180

 

[NVP]

been a long haul .........if eu tests around 85 again I am looking to short it ...........

 

[NVP]

buy nu 8374

 

[NVP]

been a long haul .........if eu tests around 85 again I am looking to short it ...........

not convinced and would be a little hypocritical selling this yet given my NU call

 

[NVP]

buy nu 8374

8379..take or move to b/e

 

[NVP]

yep...........fast isn't it !

 

[NVP]

buy nu 8374

that hit 70 for petes sake .........4 pips missed :whistling

 

[NVP]

ok back later ............tummy telling me to eat breakfast....

 

[NVP]

taking buy scalps off the EU..........last hour or so its a solid sell but I am confident its nearly buy time.........

bounce trading it off of the high 60's ........5 pips max remember as this is fairly hairy stuff

 

[NVP]

will be stunned if it breaches 68 this hour

 

[NVP]

hey all...........got tied up

my charts are gmt -1

http://www.trade2win.com/boards/for...-basic-ideas-strategies-2005.html#post2381776

looking back at this the EU held the 1 hour bar at 3170 .........I was pretty confident a bounce was coming as in my comments ..........eu got back to 88 so pips were on the tble for the patient ones

have good weekends
N

 

[NVP]

don't try and figure that to the 1 hour 20 ma stuff..........this is just my own personalised scalping and I am trying to call some winners for people here

N

 

[NVP]

hey all .......

been looking at the market .....if you are into Asian session I would recommend watching

usd and gbp buys
Euro sells

although i'm pretty sure these guys wont be as volatile as the Aussies will be overnight........

more specifically I would look at selling E/G again if it bounces back into the 7920's

if you get lucky you may be able to catch EU sells as cheap as 3144/5 in early trading .....don't chase it above 3150

usd buys look most probable % wise into London opening

N

 

[NVP]

hey all .......

been looking at the market .....if you are into Asian session I would recommend watching

usd and gbp buys
Euro sells

although i'm pretty sure these guys wont be as volatile as the Aussies will be overnight........

more specifically I would look at selling E/G again if it bounces back into the 7920's

if you get lucky you may be able to catch EU sells as cheap as 3144/5 in early trading .....don't chase it above 3150

usd buys look most probable % wise into London opening

N

E/G got to 7916 before selling to as low as 7904 to date
E/U not much back above 3133 before falling to falling to a slow as 3118

not bad at all for those nightwalkers........

will try to call some later as have an interview this morning

later
N

 

[NVP]

jees...........ive got to go but GU is really moving well at moment north