Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

you get a scalp trade in say 5-10 pips S/l on a move like this and thats a 10:1 return if you can ride the chop ..pays for a lot of coffees

N

 

[NVP]

i must say todays trading has been better than hoped .........the gu has offered me 2 really decent sells in last few hours

ok back later
N

 

[NVP]

nothing else worth scalping except GU sells ........i am waiting on reselling the bEA / EU / EJ.....but ping at moment they are not in the frame with GU pumping so hard

 

[NVP]

cracking mornings trading - bring on the US session

 

[NVP]

i was happy buying ucad above 3270s earlier but then the hammer came down - hard

it actually didnt hit yesterdays daily low but was close .happy to keep selling it now when offered ...........3220's down .....so its back ready for resells

 

[NVP]

gu has been a tricky one today ..........been happy to be buying above 2380's .........2442 now

 

[NVP]

gbp having a better us session now ......60 pips up from 1pm uk time and that includes a 100 pip swing from earlier lows ....rollercoaster currency

 

[NVP]

I will discuss the GBP 550 pip collapse last night in my youtube video over the weekend - too busy on other things today

N

 

[NVP]

happily rebuy EU above 1174/5

 

[NVP]

I will discuss the GBP 550 pip collapse last night in my youtube video over the weekend - too busy on other things today

N

and people tell me I take risks scalping ........??

tell that to everyone who got stopped out last night carrying trades into today

N

 

[NVP]

EJ has been a sell signal allday ........happily reselling below 115.44

 

[NVP]

happily rebuy EU above 1174/5

big bounce in progress guys ....to 1192 from 1176

 

[NVP]

EJ has been a sell signal allday ........happily reselling below 115.44

peeled back to 103.22 ...now resold to 103.04......can easily extend to 102.90s

 

[NVP]

happy to start reselling AU below 7578

 

[NVP]

suspect ucad going to fire up again north at 5254 so far

 

[NVP]

debating to go more EA on buy ........I am happier to see it hold 4230s first

 

[NVP]

no more trading today - cheers all

N

 

[NVP]

morning all

sorry i was busy this weeeknd with some coaching - no video produced

overnights - gbp sells , yen was buy

6am starts - sell GBP sell yen , buy aud usd

scalpwise 6am
selling EA , Selling GU , buying UJ

easy session so far
N

 

[NVP]

gu easy resells below 2385 with trend

 

[be-positive]

goodmorning coach :smart::innocent: