FXCorrelator - Scalping system

gbp still swinging violently

NZD solid buy

usd sold off again
yen crashed south

certainly lively today so far !

N

3285/6 bounce buys on GU .........but a very very choppy pair at moment

[quote=be-positive;2774872] agreed nice move ups from 1050's
EJ buys ok ish as well but that dude has flattened .......

lots of consolidation at moment guys ........back later
done ok today so no complaints
N

much earlier call .........see how GU has never got much below 75's since then and buying all the way up to 3370's .......
so I was scalping the many opportunities into that 100 pips north push earlier
easy .........just timing
N

So to give you my experience level: I've been watching on the sidelines for years and years and have done a lot of reading but little actual trading. I'm looking now for a time tested method that I can learn. Do you have proprietary method that you recommend? I very well might take your suggestions, but I want to get the options available first.


hi all

I am on holiday next week ........taking a break and treating my wife as she didn't see me for 2 days or nights during recent brexit trading ........

I will also take a long hard think about a 100% standalone strengthmeter system I can recommend for traders that doesnt take months to learn and perfect (like my scalping would)

the stuff I have out there on websites and links and youtube videos is effective but a little disjointed and novices will find it difficult to operate if they are still learning the ropes ..............

this is the best I can currently do regarding standalone systems guys

http://www.trade2win.com/boards/fore...ml#post2773474

so the 80/20 , the 3 ducks corrie , and other many ideas and strengthmeter systems I offer do need fine tuning from someone who understands the basics ....like a little price action validation , Support , resistance , Stop loss positioning etc etc ..............mainly things I expect a intermediate trader to do second nature without thinking.....just adding their 10% of preferences and spin to my 90% system instructions .....

they are not fully documented standalone systems like many people see or buy

so I will have a think and pull something together .......I have many in the attic but I should really pull something together (for free) so even novices can trade a decent system with relative confidence if they follow the rules

watch this space !
N

man o man the yen has been selling off big time ........
yen has been to -60/70 pips now twce in London session ......
Euro bull has been best partner for me .......(as mentioned much much earlier in posts as potential buys)
EJ fell back to 112.80's/90's arounf 10am but has been a peach rebuy now up to 113.70's
80-90 pips up
N

london morning now well closed ...........

best news was a swinging gbp that rallied later on .......yen was the dog.....plenty of selling .usd stayed pretty bear overall..........euro turned bull following the gbp up later session

cad took big hits later session off some great early bull action .....

pairs in news

plenty of EJ to + 90's from 6am
gu came north on the run to + 50's ..........better if you took it from the lows of day
EU and UJ buys to + 40's

no complaints from me .........even by 8am I was quids up on targets and a few bonus ball trades post 8am as well.........

the GU is like a magnet for traders at the moment ........its offering big rewards for the right calls ......but also it will bite you like a tiger if you catch its tail wrong ........

brexit hangover still causing higher than average volatility in the G8 and expect more when us session starts

nothing like Friday though ..........that was incredible big time volatility on my G8 Vixmeter

N

ive got a few mins left of lunchbreak .lets see if I can call a semi-live scalp .......

usd bouncing north at moment with Yen .............lets take Euro and GBP as the sells as well

so I will look at those combo pairs for a scalp opp

GU sell
EU sell
EJ sell

ok put ucad buy in as well

4 pairs now in motion

watch this space

N

GU sell you ask ? ..........yep marginal but bear with me

gu reconfirming resells around 3350-3340 zone
EU popping back into 1077/80's
Ucad reselling to low 3030's ...

waiting ..............

sold GU at 31....

didn't want to take that so expensive but retrace wasn't happening .........may cost me that

3327/28..........will be as tight as I can and take 25/26 for first contract to get b/e's

already reduced contract size as its not biting .......at 3331 .............still

bailed -3 pips ...............sorry guys I was too aggressive on that ............

i'll have one more scalp attempt before a call to make .............hmmmmmmm
i'll stay on all same pairs

SELL GU ...............37's

took 32 on that ...........FAST TRADE

ok now reversing the call and looking for GU long guys ........let it breach the 3345's first