Best Thread Correlation Trading - Basic Ideas and Strategies

[robbert]

I think they are perfectly correlated...I am testing a strategy of hedging with xau/usd signal and for another consecutive week it is winning ...though my usd/jpy signals are a bit whacky...but this is the second good gold signal I test, seems the zulutrade's signals are good on gold, for how long we shall see.

Mate, come to the zulutrade forum to ask you some questions I have on providers..really troubling me to find the right one

 

[NVP]

usd and yens butt being truly kicked this afternoon now..........

Gbp and Aud picking up the major love

N

 

[NVP]

hey all

Sorry not much to say gang .....

the big news last week was the Euro Saga.......and we all made easy money from its antics !!

cant wait for next weeks saga......jees what a farce
N

 

[NVP]

yep

plenty of pips around today selling the Euro so far

N

 

[NVP]

on the daily TF's its been a good few days for the yen and usd....and thats even with a strong Dow

....lets see if it lasts

N

 

[NVP]

nope I dont play it..........I stick to the liquid currencies

 

[NVP]

hey all

this is what we do ...........

hey - nothing is perfect (so please stop looking grail seekers ! )

but this is my edge to trading the forex market .......and it was bang on in the last 12 hours :smart:

N

 

[NVP]

its the US Dow Jones index ..........usually bounces between 11-12,000 presently and reflects the major US blue chip companies

and is the barometer of all global Equities in my book :smart:

N

 

[NVP]

theres a few global indexes out there but i stil prefer the DJ

N

 

[NVP]

great week on the corrie............look at the PURE run of the Dow south and the yen and usd north....the Markets are in flight running for safety.......

hope you bagged some pips ! :smart:

N

 

[NVP]

Nice morning........

N

 

[NVP]

Hi all

I notice we still attract some decent viewing figures here .....indicating to me that the concept of relative strength in currencies still has a decent following

Relative strength is only 1 part of what I do.....but an important one:smart:

If you looked at a family tree you would find these 2 as the Grandparents of the FXCorrelator

Theoretical Basis of Building Cluster Indicators for FOREX - MQL4 Articles

Practical Application of Cluster Indicators in FOREX - MQL4 Articles

N

 

[slow_learner]

nvp,

how important is the US30 when trading the euro? why not just take signals from the fxcorrelation indi for usd, jpy and eur?

thanks

 

[NVP]

nvp,

how important is the US30 when trading the euro? why not just take signals from the fxcorrelation indi for usd, jpy and eur?

thanks

Hi S

My approach is always to understand the Dows current relationship/correlation with the yen and the usd first and foremost

then if I am happy I will look at currencies to trade with them....if the Euro fits the bill I pair it with these guys for a trade

so I suppose you will only ever see me trading the E/U when the Euro is following the same direction as the Dow

but my priority is always to ensure the USD and Yen are moving in negative correlation to the Dow first.....the Euro and any other currency I chose is the last part of the jigsaw

N

 

[maggieo]

HEY NVP

Just wanted you to know I did some voting for you on this forum.

:clap:

 

[maggieo]

Hey dear NVP

I did some voting for you in T2W. Do I get a virtual hug?

maggieo

 

[NVP]

sure !

 

[NVP]

mornin all......

jees what is gonna stop the Dows fall ?

I'm bored buying the usd and yen.....I dont know where to spend all the profits anymore

N

 

[NVP]

hey all

as Decembers looms

Jees do you think we need a photo finish to see the currencies who kicked butt in Nov ?

N

 

[NVP]

Hey all

November was superb on the 80/20 system.......read this thread from the start.............its all here :smart:

if your still not sure contact me via my details here.....

N