FXCorrelator - Scalping system

hey gang - crazy busy at work - no time to play at moment ....back soon
N

i wll get back to charts at some point - work is especially busy at moment though
cheers N

hey all
hoping to get some screen time later this week - N

hey gang

work still very busy at moment ...... meanwhile heres the week so far ....

top chart is my fixed start FXCorrelator (sorry not available free) for the week with comments as to where the money was flowing on the G8 currencies

bottom chart is my Free FXCorrelator calling the trades on a 60ma setting .....only
look to ever buy currencies above the Zero and Sell Currencies below the Zero....use a lower TF and ma to trigger the trade signals

have a good day ........stong week for usd and Euro so far .........GBP , Yen and NZD have all been taking main hits so far

N

morning all...

for first time in about 50 years i got to scalp for an hour or so earlier !!

usd has been a nice bull play from 6am london.....it got to nearly high 30 pips climb......but easing now in last 90 mins ...will probably go north again befroe lunch so be ready

so nice selling on AU , buying uj and ucad earlier (my session) transtioned into deffinately slamming EU/GU/Nu buys into the net last 90 mins
have a good day

N

told you so :smart:

morning all ...

not a bad session for me scalping this morning ......

usd went hard bear initially post 6am ......then it has bounced a treat into a decent bull run ever since

GU my main sell post the bounce ......Euro running far too bull with usd to risk scalping it so far

have a good day - i have already

N

sorry gang - mega tied up this week
N

didnt get to table today ........

from the fixed start FXcorrelator charts i can see after a bearish selloff the green usd swung hard bull for some 20 pips so far ........enough to leverage a few scalps buying usd in usd pairs.....

main sellers were the gray Swissie and yellow Yen ..............

if youve been trying to scalp GU and EU this morning you can see blue euro and red GBP were also pretty bull later in session so you would have been struggling to get any decent pips

YOU HAVE TO GO WITH THE CORRECT DIVERGING CURRENCIES TO MAKE MONEY......otherwise you are always trading the wrong pairs

THATS WHY I USE MY FXCORRELATOR ALL THE TIME TO TRADE

cheers
N

any other bright ideas Carney ?......that went down like a lead balloon
N

“An artist is someone who can hold two opposing viewpoints and still remain fully functional.”

Scott f Fitzgerald


he would've made a great trader .....

hey Gang ....yet again work kept me away from the ole Scalping ....grrr

heres the day from 6am london opens - G8 on a fixed start FXCorrelator

sloooooooow london session ......green USd was mainly bull so a little action selling red GBP / Brown CAD / Orange AUD all at times ........Then GBP bounced north off a decent swing move and GU buy was the main trade to end the session

CAD went off like a scalded Cat pre US open ......and finally we got the Green USD swinging into a decent bull run for us session....its flatlining now .....See ?
Blue Euro is THE sell so far in the us Session .......AUD hurt as well

the FXcorrelator allows us to review the market action VERY quickly .....and with practice you can read a lot of trades coming as well .......next year i will finally get stuff together to teach this again ......I will finally try to get my 17 years of developing and trading strengthmeters into a course or an e-book

ok gang have a good weekend ......

cheers
N

ice steady run on a Bull usd this morning made me a few pips scalping

Greenback has run to nearly 30 pips positive since 6am .........all the suropeans got south at times for selling ......also cad falling last 30 mins as well
not too bad

cheers
N

http://fxcorrelator.wixsite.com/nvp1.../07/G8-7th-Nov

JUST BE IN THE RIGHT PLACE AT THE RIGHT TIME.....

I spend a lot of time corresponding with Traders...........especially a lot of inexperienced ones just learning the ropes ..........ive been Gambling since the 1960's ....Trading since the 1980's.....speciality Forex Trading since early 2000's ......and started this T2win thread way back in 2009 with my sister Forex Factory thread in 2010 ....

So over the years hundreds and hundreds of inexperienced Traders have asked me questions about trading , strengthmeters and the markets .....
and i have tried to help ...........in anyway I can ...........but ultimately i cant trade for them...we all have a path to walk

im a big fan of using strengthmeters (surprise surprise !!!)..........especially my own free FXCORRELATOR.........

NOW - what this approach does for me is what you also need your own system to do for you to be a sucessful trader :-

GET YOURSELF IN THE RIGHT PLACE AT THE RIGHT TIME IN THE MARKET !!!

thats it .....pure and simple .....get in the Zone and trade the move you are predicting
again and again ...rain or shine .......hundreds and thousands of times.....

if it is a good system .....then ultimately the Volume of trades and ever increasing sample size will generate positive returns and profitablity
like a casino ......good odds in your favour will ultimately pay out

but it doesnt happen overnight...and the learning curve is tough ....

so get on that path and start the journey !

N

RIGHT PLACE RIGHT TIME - 101

look at earlier this morning from 6am ...........tell me the currency to be selling ?

seriously ? .....a child of 4 could pick the RED coloured line was the sell (GBP)

now sprinkle in some secondary indicators and rules and you are scalping the london market

SUCCESSFULLY !!!

have a good day - i did !
N

hey all
systems dont have to be clever ......especially the main signal indicating where you need to be focused

heres the days session so far on a basic FXCorrelator .....available free below in my links

1 hr setting - 20 ma ..........use this as an anchor for lower TF signals

SELLS - RED GBP , GRAY CHF , BLUE EURO (recognise the European flavour here ?) GREEN USD
BUYS - BROWN CAD , ORANGE AUD , TURQUOISE NZD, YELLOW YEN

go with any lower TF / MA settings for the trigger

so at the moment the RED GBP is still a long way south but converging back ...right ?

if you get a sell GBP signal from lower TF/Settings its still worth a punt ....its the main man and will have already made you a lot of $$ today earlier so dont desert it just yet ......

Remember Fibonacci ?....what are all those GBP pairs ALL mainly showing you at the moment for the day .....plenty of decent % pullbacks right ? - right ? ......so look for a trigger to get back into selling GBP !!!

CAD is the strongest buy at moment so i'd also be on the UCAD sells for some action....secondary stuff

thats it ...........you all have your own methods for triggers and ive told you the pairs to be on for BEST potential signals

go gettum !!!
N

GU is down from 3112 to 30 96 now .....plenty of areas to start selling it if not in already

ucad selling well .....

work the 3113 - 3095 area for resells .....classic zone off one of THE pairs to tradfe from the 28 available
and i have already narrowed it to 7 (the GBP pairs with GBP as sell)