Best Thread Correlation Trading - Basic Ideas and Strategies

  • Thread starter Thread starter NVP
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the euro has been a solid buy since early hours......we just need the tag to fall more again to deliver more pips....

with dow tight ranging at the moment I have no clarity to confirm moves


N
 
remember this is SCALPING

5-10 pips on this pair on offer so far - so op to you if you are taking or holding..........
 
dow is still ranging but the euro is a trojan and still moving up

been 5-15 pips on the E/U buys as well on offer so far
 
sorry you probably missed that fast fast move

Gbp has been moving south and I noticed the dynamics had changed on the 1 mins so went for a fast fast move which it delivered

REMEMBER.......if you want to be safer in your trades only trade tag team when the dow30 is above/below all the 20,50,80 smas (and in negative direction to the tag)

most of my recent posts/signals are whilst it is inbetween these sma's and I am applying advanced strategies

N
 

still a sick puppy eh ! 😉

sorry this is not a standard trade call but I posted it anyway

using my simple ma based systems is only touching the surface on how effective strengthmeters are like the FXcorrelator..........after 2+ years I can do it blindfolded and you all could to (even better probably) with that experience and practice

later
N
 

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and one more thing...............I see a screaming retrace n the G/U coming
 

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nope it didn bite...........wierd corelations on the 5 mins now so step away...........gbp is really weak still and upsetting the dynamics

perhaps ive missed some news releases today

N
 
the tag are on a chaser up reardless of the dow.......rules out of window ?
 
nope it didn bite...........wierd corelations on the 5 mins now so step away...........gbp is really weak still and upsetting the dynamics

perhaps ive missed some news releases today

N

not upsetting though if you are still selling it 😛

N
 

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ooooooooo sell G/U looks tasty now..........


its more around the sell on GBP than buying usd though............
 
ok

dollar to go above 20ma on 5min corrie
dow to breach down below 11827 on dow30
gbp to stay below both the 80ma and 20ma corrie

wait for all 3 to enter...dont be fooled by a breach on the pairchart
 
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