FXCorrelator - Scalping system

hi there ........

in terms of free and available content for people subscribed to me and on the other big forums I have shared all I can mainly at my T2win threads .........

so the 80/20 system (2 corries)
the Dow vs USD/JPY system (word doc)
The 3 duck (or triple corrie) system (recent)

most things stem from these....and apologies but I do not offer any detailed information on my customised scalping system apart from the calls and comments shared here everyday on my scalping thread ....

however I will confirm 100% that everything I still use to make consistent money scalping is based around the original concepts and principles of my free FXCorrelator indicator

I have always been a big fan of giving people the basic tools then letting them create their own ideas and strategies from it ..........you cannot clone a trader 100% from another successful one.........you give them the tools and a few pointers and let them grow from there ......its the only way to allow a trader to become successful in the long term

my approach is simple ...identify and buy bull currencies, identify and sell bear currencies ...that's it

sure theres mountains of detail you can get into (see my 7p's video on youtube)

but that's the basics ...........

N

usd is flat as a pancake ..........Cad bull , Yen reselling , GBP reselling
like bouncing a dead cat as they say in the business ........
i'll keep rebuying Ej and UJ on decent retraces ........EJ looks solid above 112.00
Gu ranging 1.3385 - 1.3415 ......with a slight bias on the sells at moment
euro looking fairly bull still........so happy to bounce trade buys on Ea 1.4880 ish
isn't it amazing how this to me is now looking like watching paint dry................jees i'm a volatility junky !!!
N

usd gone bear ........eur strength good , yen bear .........cad bull

euro strength is generating my pips this morning gang

EA
EJ
EU

N

I love these guys
cant understand a word normally ....so it must be good
http://www.blackswantrading.com/blog...t-implications

1.34 getting rejected wth gu back to 3396............I need the usd to be more bull though to start really reselling GU

Ea up 15 pips in last 3 mins
EU up 8 pips ditto
EJ 11 pips ditto

euro the buy

ok its pretty clear at moment that I am not going to make more than the average pips in this market .......I may take opportunity to bail at moment (and attend to other things) and come back after 8am for a while to catch early stock market kicker
will just ride the 7am bar in 3 mins
N

i am going to focus on GU sells ........7am bar now

clearly letting my Euro bull pairs ride as well

here we go ..spiked to 3394

YEEEEEEEEEEEEEEEEEEEEEEEEEhaaaaaaaaaa

3386 ..all taken ...yum yum

i was getting regular rides on 50 pips on Friday re this kinda signal ............but not today sadly
ok the 7am bar chopped the market back......i was tight on my euro bull pairs so expected it ........
back later ......i'm plenty up this morning now so no complaints
Gu getting in the mix now more and more for extended resells ....i would prefer to see it crash the 3380 S line though
N

back again for a look...........
jees the gbp is warming up eh ? .........big swing north there......and it breached the 3415 i was watching ...........
osbournes speech at 7am was pretty lupewarm in my opinon..........jees the guy looked like he was being held up by a peg as he talked about his commitment to managing the finances of this country
market wont buy it ..........they know we have been plunged into stormy waters with a leadership team that has been mutinied by the people and pirate Boris ...and that lukewarm speech wont hold them off ......
jees the markets are going to fly so i will hang in for 8am action
N

strategy ? .............well generally i don't figure more than 2-3 minutes ahead for scalping and go with he flow
most people assume the Ftse will open gap down (Durrr)
but the question is how deep will be the hit and how much/quickly will it come back
my strategy will be as follows
1) let the market settle on bell.........
assuming we see the Ftse hit = GBP +EUR fall and Yen+USD rise
then trade the fade as the market comes back over th next 30 mins
with spreads widening i wont get to risky on plays .........no need to gamble ......if it looks safe i will trade the retrce
ok game on ................if you are a trainee trader and this doesn't get you excited ...then nothing ever will in this business ....so walk now
N

so far since 6am the real winner has been the EJ trade ........its been to +80 pips from 6am
and i did ok on its bull run so far
nothing else close in my stable

at the moment regardless of 8am strategy i have to trade what i see
I see potential buying GU from 3420's

EJ rebuys tempting from 112.45..........but i need more Euro bull again ...Euro is off the boil

you have a 7-8 min window left pre Armageddon guys