FXCorrelator - Scalping system

hey all

ok interesting week so far .....

gbp partnered with usd and yen as a triple bear play yesterday ...unusual correlations

so far london opens most currencies going against the weekly trend......so i can sit on my hands or chase the movers

UJ and UCHF buys are the trend plays .......but a little tedious and risky for me ......so far anyway

N

hey all

been an ok session so far today

ive been mainly leaning on selling USD....and Yen

CAD AUD and NZD are main buy currencies

yes poor show ......technically i am leaving GBP and EUR alone today so far ....Grrrrr
i could chase GBP up and down ....but I cant be arsed today ....

ucad been down some 60 pips since 6am opens london ......so no complaints
other pairs mentioned much less in gains dept .....

N

http://tradingcomposure.com/money-goal/

nice piece from Yvan - interesting Guy

hey all

i must say the market has been very perky and kind today so far ......

GBP already stretched to some 60 pips south from 6am .....

USD solid bull.....alongside Yen

euro a little weak ....

cable cable cable selling gang ..easy scalping so far

selling from 2680s to 2630s so far .....resell signals as big as towerblocks so far ......

N

like literally last few minutes Cable just offered a lovely resell signal around 2643 .....as stated the market is offering some huge solid signals today ......about 20% of the time this happens in london morning market

so traders must harvest when the good times are present .....

N

the last 100% REALLY clean signal for me was 2649 price level on Cable .....so happy to keep bashing it unless it gets over that

ive just had another 5 pip scalp out of the 2643s...but its slowing at moment

N

hey all ....slowish day so far

been on chf and NZD for sells and mainy cad as buys .....everything else pretty flat.....

N

hey all

ok this week has seen weak Europeans so far .....yen and CAd have been good bull plays at times ....USD mainly bull also

today GBP has fallen early london so i will be looking to capitalise on that .....

lets see

N

Trading performance (as evidenced and authenticated) is one of the few areas where there is no margin for bluff or fantasy or bullsh*t............you win or you lose.......no waffle or wriggle room.....

the human psyche just cannot handle this .......I try to teach this from day 1 to novice traders ......you will be tested ......you will have to eat so much humble pie that it hurts ...you must adapt .....their are no guarantees .....as soon as you re comfortable in something the floor will move ......Thats trading !

if someone is consistently losing money then they must continually re-evaluate until they at least stop the outflow............jees thats the first 3-5 years of any traders journey ..........stop losing money !!

after that then i would suggest that a trader is not simply cut out to make it .......a little generalist in statement ...but hey ......how long are you prepared to waste time on something ?

N

https://nononsenseforex.com/forex-q-...s-ecn-brokers/

Patrick mirrors everything I say ..........good to hear !

morning all

its the holiday weekend in USA ......

european currencies have been weak last 5 days ......rst of the pack generally bull with CAD the Alpha so far

today its still light volumes i suspect ....

GBP running bull today , USD as well london session so far ...AUD the alpha Bear so far

if i can get yen running with USd bull i will sell europeans today into weekly trends .....

flaky stuff so not that on it today so far

N

in 2580s i noticed enough rejection of cable price to sell it now ....lets see ...low 2570s now

2570 cable ...........ZZZZZZZZZZZZZZz

2564 ........better

cable 2563 off 2580s where i started selling ....ive got europeans selling based on weeks trend ...as good as its gonna get today

cable low 2549 so far ..best pair of the morning and we were on it ...sorry guys i cant make it better than that ...mnothing to work with at moment

N

interesting moves prior to US action .....

USd gone real bull .....nice action ........I needed to see cable get confident in its reselling so didnt resell earlier until back into the 2540's ....been to 2515 now ....nice action following the weeks trend

swissie been good as well off that usd move ........UCHF buys ......

N

2484 the cable low today .....thats about 100 pips off where i started selling all day ....

no complaints

cheers guys
N

hey all

ive been trading this morning and some coaching so wasnt posting ......apologies

steady selling on GBP london morning session.......made it easy to trade cable .....no other real alternatives ...only GBPCHF was a better pair to scalp ......

started in 2480s and hammered down to 2440s so far

N

hey all.............sloooooooooow london at moment

usd been pushing bull so far.....so against weekly trend at moment ....doesnt help

im feebly trying to coax cable south then ....but flimsy fundamentals this week really

took a trade earlier at 2531 down to 2523 so far ...........ZZZZZZZZZZZZZ

N