Best Thread Correlation Trading - Basic Ideas and Strategies

  • Thread starter Thread starter NVP
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for scalpers ......40 mins of solid USD buying is making it easy today to meet scalp trading targets
 
usd just dumped 3-4 pips so beware ...(usd index)

retrace or reversal ?

we will find out now

N
 
aud is the play at the moment .............AU is the perfectly correlated pair for me
 
usd is in a high zone now and just 110 pips off its high back in june 2013..........that's the usd index

if breached in next month or so we are into 2010 USD high territory

N
 
aud is the play at the moment .............AU is the perfectly correlated pair for me


nothing wrong with AU sells if already in ...........but my system told me GU was the higher probability move for more pips 👍
 
nearly an hour of selling usd now so its been steady ..............a little chop recently indicates change may be due
 
10 - 15 pips now selling usd index in last hour

add whatever you get pip wise from buying currencies against it and its been a great session to date 👍

N
 
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