Best Thread Correlation Trading - Basic Ideas and Strategies

[NVP]

A/U still slowly ticking along .....

 

[NVP]

sorry been elsewhere ...

hope you are all out now ...retracing in progress from a while back

 

[NVP]

heres June....

repeat after me

Dow is rising
Sell Yen
Sell USD

Dow is rising
Sell Yen
Sell USD

N

 

[NVP]

Jees...GBP got hammered didnt it !!

dont ask me why NZD is doing well...dont know ...dont care !

N

 

[NVP]

Beware .....we are going Dow North again ....FAST

and yen and USD are joining GBP in the south pole

euro in the chair going north

 

[NVP]

euro still the Buy.....

 

[NVP]

ride the Euro...

All my personal indicators still screaming Buy Blue !

N

 

[NVP]

GBP may bounce back but its nowhere on the pace at the moment ......

 

[NVP]

nice period now slowing /over.....lets see if it strengthens again

tighten / exit those recent trades above

 

[NVP]

yen usd sells are back in business ?

 

[NVP]

looks like it ! 👍

The FXCorrelator indicator and system is available free below :smart:

 

[NVP]

just had a long chat with my business partner and long time friend Sylvie (Who my VIP Crew from last year all know and respected)

she is gradually feeling better and may soon be back to help me get our training and trading
show on the road again

she is a wicked trader as well.....so I better get those socks pulled up again as my slacking days are over......:smart:

N

 

[NVP]

YEN and USD have divorced on the lower TF's

let them make up before commencing more trades

 

[NVP]

someone is dumping Yen ...its VERY VERY WEAK

 

[NVP]

un-natural divergence on U/J.......!!!

if I were a betting man I would trade the bounce back when it comes (Sell U/J)

but i'm not
N

 

[NVP]

you will ideally need the Dow to keep falling for this retrace play ...........

 

[NVP]

G/U sell scalp in the frame

 

[NVP]

5723 down to 5713......i need more dow pain hitting the 12800

 

[NVP]

alternatively I like an E/U bounce easily up to 2721 from the 2700 if dow suddenly retraces north

lets see what the new 1 hour bar does

hmmmm

 

[NVP]

aaaaaaaa i'm watching that E/U bounce...tempting tempting