Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

mega busy at moment gang so not much trading going on ............back tomorrow

N

 

[NVP]

morning all

overnights
GBP took a hit...........to -60's overnight
yen , USD most others all bull session

London 6am .......
gbp the buy as it tries to fight back.....to +15's
yen been south .....nzd , Cad .....
flatlining usd ..........scrappy action ........

pairs scalped since 6am .......
been on the GU buys .......I wam nervous though of the next sell phase when it comes from Asian session ..tight scalps

Ea is active ..........selling EA initially bit now its a buy phase .....euro is volatile this morning

yen still net near London.......but I am anticipating a bull play soon following the bull usd so far

I am watching EJ / UJ buys as well guys

tricky morning so far ........but as usual it will open up in next hour or so for easier pips (usually after I finish my core 2 hours )

N

 

[NVP]

messy action ...........euro is the monster bull at moment ....unusual

yen is bull now as well.........

i'll stay on EA buys ...........(nice rebuy off 4726/7 S levels)

UJ sells

ok over to the scalping thread after this post gang ..........

EU offered but that pair sends me to sleep ............

GU is a net sell phase guys ............just let it wake up a little .i'm range selling off high 3180s at moment

N

 

[NVP]

slow slow morning now .....zzzzzzzzz


ok the EA still the lead scalp to 42 spikes now bull

opening up more pairs to try to make some more pips ...........back later

N

 

[NVP]

made small profit on the scalps into the 8am bar as GU did well..........

hope it gets better in next hour guys

back later
N

 

[NVP]

last 2 hours been okish ......I struggled in last hour to make much ............still ok for day but nothing like yesterday

cheers
N

 

[NVP]

ok lunch over .................my ego is riding the last 2 trades and not my brain

shouldn't have been playing the gu sells ..........the yen selling was much easier option using euro bull

or indeed the easy EA bull moves at moment

later
N

 

[NVP]

back later .calls to make ..........shame as its getting interesting as US wakes up

 

[NVP]

interesting us session so far ..........

swissie is bull , to 40+ pips ...Euro and usd bull as well
yen sold off early ...........GBP now recently slammed south but retracing

pairs in action ....

I don't scalp swissie pairs...cant be ar*ed
EA is THE buy gang ..........to +40's so far from early US.....
earlier the EJ was in bull action to +35's
Selling GU to -40's as well

GU is a buy at moment kinda........I cant help seeing the 100pip deficit it is on from early Asian .......so i'm expecting more pain soon and will sell it if usd comes bull

nice and lively overall..........shame I hav'nt been able to play much so far

N

 

[NVP]

well would have to chase GU up now from 3140..ucad selling down from 3175's

EA has got to look for a rebuy at 4760's ...........EJ rebuys from 116.22/23

go gettum

 

[NVP]

UOTE=NVP;2789290]well would have to chase GU up now from 3140..ucad selling down from 3175's

EA has got to look for a rebuy at 4760's ...........EJ rebuys from 116.22/23

go gettum[/QUOTE]

Gu to 3154
Ea 4774 high
EJ 116.30

when the volatility steps up in G8 you have to come out and play

N

 

[NVP]

back to the scalping post .......just realised I posted in wrong thread .......

 

[NVP]

may not get back to charts tonight ..have a good one

N

 

[NVP]

morning all ........i'm over on the scalping thread

overnights ..yen bull to 150+ .....everything else selling ........

London 6am
sadly having missed the yen bull spike play I'm following the 6am opens and in fact selling it at moment ......yen is bear to -40's off the Asian bull retraces so far

buying mosr other currencies into it ..........gbp and euro the buys .......

always interesting correlation patterns when you get a major alpha currency play (150+)

pairs scalping.......

ej and uj buys to +50's ....EA buys to + 30s

yen is on fire gang to chase it up and down based on signals and S/R levels

AND

remember its Friday ..............look for traders closing out big positions taken in the week

yellow yen has a mighty might position now ............its at +200 for the week .....I suspect we will see selloffs today later

brown cad has again had another bad week ..........usd has been bear as well .....they will be the potential buys ........Euro got sold off yesterday already

watch them ....UJ looks a real buy potential pair today .......

N

 

[NVP]

full on game at moment ......yen is dictating plays ..its gone bull again so i'm chasing its pairs with yen bull....BUT note my comments re an almighty selloff today potentially

Ea still has potential re buys .......4746 the S level ....bounce it north

later ....i'm nearly done as a busy day ahead elsewhere

N

 

[NVP]

ok gang got to scoot ............have a good session ............I've done ok ........mainly off a volatile yen from 6am

later
N

 

[NVP]

didn't post as much today - apologies ....hopefully picking up a new laptop tomorrow

 

[NVP]

didn't post as much today - apologies ....hopefully picking up a new laptop tomorrow

jees I cant resist still half watching the action ...........the yen is prime for a bear selloff again ...........i'm still trickle trading it ..........it is going to be a monster .we may have to wait till u.s. session though

N

 

[NVP]

ok the yen is softening a little off recent sells ............this is it ....Armageddon poss coming ..............its all due to a bgf s level on yen from Asian session

N

 

[NVP]

114.77 on ej S levels .......watching this now

dammit ..........gotta take a call ..............back later all

watch that yen re a meltdown !

N