FXCorrelator - Scalping system

hey all
i'm still getting my consultancy work back up to date .........will try to get to screens this coming week
in my absence the gbp has made a decent comeback ..........1.16's to Euro............will we see more ?
well it takes 2 to tango in currency pairs ...to make it better we need
1) the GBP to increase in value to the G8
2) the Euro to decrease in value in the G8
so in november we have no complaints on th red GBP (See chart).........and euro is falling against the others ..except Yen ........
when I mentor .a lot of more experienced traders say to me ..yes yes yes ........of course i understand that ...its bloody simple ......
but is it really that simple ?...........most traders skip the basics in strengthmeter trading and thats why they fail and move on to the next quick fix ................take nothing for granted in any part of trading ............analyse and study from the roots up ..........you'd be amazed hw much more you see if you look at things with fresh eyes
until next week
N

hey gang.....still not back in the saddle much .perhaps tomorrow

plenty of action US opens ......look at that GBP fly ........nice !!

N

hey all

still not really in the game today ..........heres the action so far

AUD has been a consistent buy all 3 sessions
GBP the sell uk morning
USD the buy US opens

general ATR on the G8 pack is nothing too serious ......+ 50's for AUD vs GBP down to -70's

hey ..........enough pips to be made inbetween though for scalpers

N

23rd November ........

great run again for GBP ...yen bears the brunt of selling

N

with thanksgiving weekend things will quieten down...suits me .........i'm snowed under on consultancy work as year end looms anyway
still struggling to get screen time ........
N

thanksgiving in full swing in US .........markets been ok actually

heres today so far ..Yen having a stinker of a week so far ...........red GBP still swinging ok .........had a storming london eh ?

happy trading

N

hi all

jees i am snowed under at work .....

will try to get some screen time next week but not sure i will.................

roll on financial year end !!


N

Your system and advice are great NVP.
Good work and thanks. 

Hey there

you are most welcome

n

heres the action this week gang ........sorry still tied up on early year end stuff
N

the Triple corrie indicator (see my threads history here) is a cracking way to introduce people to Strengthmeter based trading and simple momentum strategies .....

i'm not going through it here in detail ..there are tons of stuff on it in the thread here and also my website and also my youtube channel ........all free
the 3 duck version uses 3 different TF Strengthmeters all on 60 ma's

heres the 240m TF on a 60ma .........its the Highest TF and the Anchor / core setting .........if a currency is BELOW the zero you can only sell on triggers , if the Currency is Above Zero you can only buy currency on triggers

simple enough ?

heres last 3 weeks

see the yellow yen ? .....what can you only do with it ?..........SELL IT ON TRIGGERS !!!!
twice this week there were options to sell Yen off hard ......did you take them ?

See the RED GBP ..........what can you only do with it ? ..........BUY IT ON TRIGGERS !!!
GBP came Bull over 100 pips so far today ......did you take them ?

bounce them off softer currencies or even go against earch other if you have the cahunnas

..............capische ??.............now go forth and trade ....

N

hey all
again its been a long week and not much chance to trade ......i'll look to post some stuff this weekend
N

heres the boys at Black swan chewing the Cud..........I've valued some great observations from Jack over the years
N
http://www.blackswantrading.com/blog/

GBPEUR 1.20..........get in !!

fancy a bet on strongest / weakest currencies in 2017 ?

i'm setting pollsup on my T2win threads

N

http://www.trade2win.com/boards/fore...-currency.html

http://www.trade2win.com/boards/fore...cy-2017-a.html

nteresting december so far

yellow Yen and blue euro now the villains ...the Brown cad is romping home this month (250 pips up) and may become strongest currency in 2016 over next few days as yen continues to collapse (see below)

http://www.trade2win.com/boards/fore...ml#post2845924

I will get back into saddle now in 2017 ........consulting work will have me busy right up to xmas

cheers gang
N

are you using the ole Triple corrie ? (see free links in this thread or go to my website FXCorrelator.com)

using the 3 ducks ( 60 ma on 4H , 1H , 5min)

well here she is on the 4hr 60ma for December

remember the 4hour TF steers the others .......and is been saying :-

1) BUY brown CAD IN DECEMBER ..........ok ?
2) Buy turquoise NZD now .......ok ?
3) Buy Euro and GBP earlier in december.....they both fallen out now ...ok ?
4) Sell USD all through till recently ...as its going bull ....ok ?
5) Sell Yen when offered (like recently) ...its a big fat sell in december

and so on .........this is a solid tool to steer your higher TF calls gang ........ignore it at your peril ......the G8 never lie ...........
N

Hey all

ok the consultancy work is finally easing a little so I may be able to do some scalpng again in next week or so before the xmas break .......also,I can finally start to look at those trading courses I'm hoping to run in 2017

N

hey guys

merry xmas and a happy new year

Merry xmas everyone ......here's my nieces 9 week old tornado ......hahahahaha

N