Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

sells on the E/U earlier on the scalper.............

you would have needed to just take 3 out of the 4 sell tag signals recently (ignoring the yen on the 80ma top chart) to get into that aussie D move

your money your call - it was supported by a sell on CHF so that helps

your money your call :smart:

N

 

[NVP]

total buy domination by aussie D on the low tf's

 

[NVP]

interesting 😏

N

 

[NVP]

that earlier Triple arrow corrie call on G/U never connected or breached to confirm entry

this baby flicked on at around 8.15am this morning...........again slowly does it and I'm envisaging the Tag are gonna pull north soon for a while unfortunately so it could be game up

heart wrenching pull back as the signal activated......thats why you need deep stops for this baby (hey remember its a 4h/1h/15m system - and not a scalper :smart🙂

time will tell
N

 

[NVP]

G/U sell is knocking on the door....let dow futures fall below 11730 to be safe and let the G/U breach 1.5615 say - target 1 is the 00

ideally i'd like the yen and dollar north on the 20ma and at least one of them above on the 80ma

again this is a non standard call by me.......(heaven help us 😱)

See how far ahead I am setting this up ?........practice gives you ability to do this

N

 

[NVP]

here she comes 👍

buckle up

 

[NVP]

absolute lightning.....wanna see it again ? 😛

 

[NVP]

ok gotta go as work calling................

one day i'll write this stuff down but believe me most of my stuff is the basic rules I talk about all the time

the rest is practice practice practice

N

 

[NVP]

absolute lightning.....wanna see it again ? 😛

if you check your charts the Euro folded as well.......

later
N

 

[NVP]

I realy like the way this is setting up now on the 5mins .......dow should fall and swissie is leading the northerly trek alongside the tag team

looks like the Euro and the GBP are in for a rough morning now - get in below the 00's

N

 

[NVP]

back again......

hmm........were getting there slowly

N

 

[NVP]

into lunchtime and its all going flattish............

 

[NVP]

jees - Dominic is displaying a very very naive approach to "discovering" new MA's that work.....

and they are banning me from posting still 👎

http://www.moneyweek.com/investment...oney-morning-gold-price-correction-10105.aspx

 

[NVP]

unusually good lunchtime session..........yum yum

see how taking 3 out of 4 of the tag (both must align on the 20ma) can be risky but rewarding as an early entry long as dow is in (negative) correlation ?

Note - ideally you need to be trading the tag partner that is aligned on both the 20ma and the 80ma not the one just signalling on the 20ma

and then when it went 4 from 4 later on.....boy the Euro and GBP buys were beautiful 👍

see also how at the end we have 6 currencies south on the 20ma ?...........that means the 2 above are flying with turbochargers :clap:

nice ! :smart:
NVP

 

[NVP]

and heres the warning flag re closure of those positions :smart:

 

[NVP]

jees .............its still trying to keep going isnt it......

 

[chao fu]

Carol Alexander for cointegration apparently good, my PhD firend is in love with the author 😛

Well, Coral is my professor now exactly. LOl.

 

[NVP]

Well, Coral is my professor now exactly. LOl.

thats a post from the distant past my friend....good luck reading the thread .....there a lot in the history here 😛

 

[chao fu]

thats a post from the distant past my friend....good luck reading the thread .....there a lot in the history here 😛

Well, actually. I am studying ICMA now and have been trading currencies for 2 years. I just know this website a few days ago, so that is the reason I replied it so late. until now I still trade regardless of correction, although I know correlation stuff. I am really interested in it and I think there is a way to conduct some quantitative analysis instead of qualitative analysis by that, reducing risks without hurt earnings.

 

[chao fu]

thats a post from the distant past my friend....good luck reading the thread .....there a lot in the history here 😛

I am trying to do some regressions for that by using statistics from bloomberg. Probably that would be my future dissertation. But I am not sure.