Best Thread Correlation Trading - Basic Ideas and Strategies

morning all ..............havnt really traded today much .............but another cracking morning of volatility that always generates pips

the London session stars have been Euro and JPY .......both delivered bull runs of up to 60 pips from 6am

the only Real bear was big bad sterling..........its at over 100 pips down now from 6am and I wish I had taken it a few mins back..........Grrrrrrrrr

AUD has sold steadily 40 pips bear

usd mainly net bull today London......but has swung at times nicely .....mainly pips from buying it

N
 

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morning all .........

usd as slowly progressed north most of the week and today it is not disappointing ..personally I think we may see more selloffs today but until It shows its face I would be bull usd

meanwhile London session has been lively ..........Europeans were the sells into usd bull............even yen took selloffs ......choppy at moment

have a good day ......i'll get a chance to talk later today and over weekend .............I have been using some programmers from Freelancer.com for some indicator upgrades.............. which proved interesting :)

cheers
N
 

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jees Freelancer is useful to get programming work done but the admin is atrocious ........I have had my amex hit for multiple payments and am only slowly getting them refunded now after 2 days of chasing them ...........spare me

N
 
hey all

London was pretty slow ..........

I see only 30-40 pips max move on currencies with only a bull yen really running well to low 40's ........

bear runs from Cad , Swissie and NZD but again only 30 ips max from London opens ............Slooooooooow

nice steady bull usd though so plenty of scalps selling the aussies , Cad and Swissie

And i'm sure people enjoyed some pips buying EA ........

I still feel the usd will take hits US session............but only evidence makes us trade it !!

good luck US session all

stop press - CAD has opened STRONG !!! (y)

N
 

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no trading this afternoon but a steady eddie USD

Yen has swung like a demon from bear Asian to bull European/US session .......currency of the day

nice solid Euro CHF buys this afternoon with most other currencies on the back foot and falling

have a good day

N

before I even think about trading a pair I monitor/track the individual currencies to find the ones I want to trade ............that's my edge :smart:
 

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using some upgraded indicators today ...............paid a programmer last week to automate some stuff I do manually ..................saves me about 10-15min setting up the day so well worth it

heres the usd ............for me it will be easier if we see those S/R levels hit ........... you can then bounce it or follow the extension ...........later will tell

at present I am net bear on usd

so far been selling usd into a nicely bouncing euro ..........rocky start to London session .Asian was easier ............with AUD making 40 pips and yen falling 40 pips in the session

tricky today so far so be carefull
 

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ok I gotta scoot .............sorry about the multiple posts........I trade by following individual currencies .................I will have up to 8 pairs ready to go based on what I see .....I am tracking those dudes until the signal comes ..............takes a little time and practice

usd is flat now so been a little slim pickings .............should've take EA earlier ........I havnt lost any money but missed some nice scalps

ok as I leave the Euro is the sell and NZD / AUD the firm buys ............London still warming up

I have made money today but should've made more ..............0/10 !!!

later
N
 

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went EA as a finale......setup around the 23 ..... see F's thread ;)


later
N
 

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motoring a treat now ............

N
 

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wont trade tonight but popped in for a look........

Classic USD today.............I was calling usd generally bear for London session and was right .....................then look at that US kicker ............by midday the usd was on its boot straps tsting the weekends spike low

test / reverse !!!!!..........bull since then ............

other currencies :-

Cad was strongest currency/High today by lunch but now collapsing us session - sell

AUD / GBP and NZD next Bull players .......... ok us so far so - buys

Yen Euro and CHF have tracked each other al day from the big selloffs Asian / London to the recoveries so far in us session - BUYS

USD - BUY

cheers gang .....if I could nail 100 pip moves on a pair every short session I would be happy (thanks again EA)

N
 

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ucad one of the many decent pair offerings at moment by selling CAD

N
 

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morning all

the recent programming work I had done has paid dividends in that it allows me faster access to views and scenarios than the manual processes I was using ..............howevre without the manual processes I endured I could not have described accurately what I needed from the guys at freelancer.com................

it allows me much faster analysis and I am ale to make much faster decisions on my currecnies to trade .......10/10 so far so money well spent


anyway usd is a sell London so far ...............shes gonna hit a key support level in next 15 mins (see chart) so watch the reaction .............that's where the next big trade move is for me on usd

meanwhile

Yen , Euro , Swissie are the buys ............strong Asian and still strong London so far

Aussies getting killed.........

gbp and Cad got hit Asian but rallying - nice potential resellers at moment

USD is meandering as it does .............the most on the fence currency for scalpers (unfortunately)

show me a great scalp day and I will show you the cause - a strongly trending USD !

cheers guys ............i'm happy with what ive take today (selling usd )........will call a couple on F's thread if I have time left before work

Cheers
N


d
 

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as mentioned in my earlier post links .......euro has been strong today and I have been on the sells for Usd and AUD mainly (although see recent bounce usd)

so solid scalps available on these pairs since 6am .......just follow the trend and attack the retrace / bounce areas

N
 

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I mentioned the usd bounce that happening - saw it earlier and its going well

GBP was most obvious sell candidate ...that dude is overdue some selling after a bear Asian

lets see where this goes ...........8am bar will shake it out

N
 

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I mentioned the usd bounce that happening - saw it earlier and its going well

GBP was most obvious sell candidate ...that dude is overdue some selling after a bear Asian

lets see where this goes ...........8am bar will shake it out

N
 

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hey all ............well ive done well today in my brief trading window before work .............some automated work on my indicators recently has paid dividends and buys me time to make better and more well timed calls ............

anyway its still the same for me how I trade

so I was selling usd earlier in London session then saw the possibility of a usd bounce (above)..............cracking rebuys on USD generated dividends into 8am bar

sequential charts here for my day so far ....I took advantage of the Euro strength / AUD weakness and also then called the bounce on usd that turned into a real peach .................Gbp and CAd were natural resellers off a weak Asian ...........

have a good one ...........calling it real as I see it here as always - No B***S*** :smart::cool:

N
 

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hey all

nice solid Bull performance today for USD ..............plenty of opps for scalpers to make money

others

AUD has had a solid London and US session - BUY

CAD getting hammerd US session - Sell

GBP had a disastrous London....its rallying US but hammer that dude when he falters

nothing else interesting me ......perhaps the Yen looking better and better US

cheers guys - have a good one

N
 

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