SpreadTrading Correlation Journal (an overview) | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

MT4 MTF Correlation table and Correlation oscillator indicators 155 replies

My Journal Adventures - Mr Nice Correlation 2 replies

Correlation Journal 7 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Attachments: SpreadTrading Correlation Journal (an overview)
Exit Attachments

SpreadTrading Correlation Journal (an overview)

  • #1
  • First Post: Nov 25, 2019 5:56am Nov 25, 2019 5:56am
Hi everyone, my name is Niko. This is a forex system based on spread trading, a non-directional strategy. In this type of trading if you can identify the right moment of entry the chances of gain can be very high. There is a lot of information on the net regarding spread trading. Many interesting videos on Youtube. In this thread I will post when I can enter signals, to invite you to adopt this type of trading. If the topic interests you: subscribe!.
No stress, spread is your friend
  • #2
  • Edited Nov 26, 2019 4:46am Nov 25, 2019 6:09am | Edited Nov 26, 2019 4:46am
First trade of the week was successful.

GBPNZD/GBPJPY +50 PIPS

Attached Image (click to enlarge)
Click to Enlarge Name: 00001.JPG Size: 19 KB


Trade still in progress

Attached Image (click to enlarge)
Click to Enlarge Name: 00003.JPG Size: 20 KB
No stress, spread is your friend
  • #3
  • Nov 25, 2019 7:38am Nov 25, 2019 7:38am
New entry now!

Attached Image (click to enlarge)
Click to Enlarge Name: 00004.JPG Size: 18 KB


Buy Stoxx50 Sell FTSE100

Spread bought to 0.5009

Attached Image
No stress, spread is your friend
  • #4
  • Nov 25, 2019 8:47am Nov 25, 2019 8:47am
AUDCHF/AUDUSD

Sell Spread 0.9977

Attached Image


Sell Audchf Buy Audusd

Attached Image (click to enlarge)
Click to Enlarge Name: 00006.JPG Size: 21 KB
No stress, spread is your friend
  • #5
  • Nov 25, 2019 9:07am Nov 25, 2019 9:07am
Quoting drpepper72
First trade of the week was successful. {image} Trade still in progress {image}

GBPCAD/NZDJPY

UPDATE we are close to closing the trade

Attached Image (click to enlarge)
Click to Enlarge Name: 00008.JPG Size: 20 KB


Spread bought @ 0.0244

Attached Image
No stress, spread is your friend
  • #6
  • Nov 25, 2019 9:36am Nov 25, 2019 9:36am
Quoting drpepper72
{quote} GBPCAD/NZDJPY UPDATE we are close to closing the trade {image} Spread bought @ 0.0244 {image}
Close Trade

GBPCAD/NZDJPY +61 pips

Attached Image (click to enlarge)
Click to Enlarge Name: C00002.JPG Size: 19 KB


SpreadTrading closed

Attached Image
No stress, spread is your friend
  • #7
  • Edited Nov 26, 2019 7:43am Nov 25, 2019 10:23am | Edited Nov 26, 2019 7:43am
GBPAUD/GBPNZD

SELL Spread

Attached Image (click to enlarge)
Click to Enlarge Name: 00011.JPG Size: 22 KB
No stress, spread is your friend
  • #8
  • Nov 25, 2019 10:26am Nov 25, 2019 10:26am
EURJPY/GBPCHF

BUY Spread

Attached Image (click to enlarge)
Click to Enlarge Name: 00012.JPG Size: 19 KB
No stress, spread is your friend
  • #9
  • Edited 6:04am Nov 26, 2019 1:37am | Edited 6:04am
Morning update

Attached Image (click to enlarge)
Click to Enlarge Name: 00013.JPG Size: 56 KB


-44 pips

No stop loss! no stress!
Spread is your friend and sooner or later market MUST change direction.

Stay tuned

UPDATE nov 26, 11:23

Attached Image (click to enlarge)
Click to Enlarge Name: 00014.JPG Size: 59 KB


-5 pips

No stop loss! no stress!
Spread is your friend
No stress, spread is your friend
  • #10
  • Nov 26, 2019 2:32am Nov 26, 2019 2:32am
Is there a market that is always in trend? No
Is there a market that is always in the sideway? No
Then we can't follow the trend because we don't know when it will change direction.
Technical analysis is a lie.
The indicators are a lie.
They are all trend followers or ripainters or when you read them refer to the past.
So what is the solution?
To trade without indicators, without technical analysis, without direction because you cannot predict the future with tools suitable only for reading the past.
In trading, only one thing counts: the now.
Only the now tells you where you are. Of course, it doesn't tell you where the market goes but we can deduce it. And how?
We need to trade only on the relative strength between currencies. We need to find equilibrium conditions and force imbalance between the crosses. Crosses that must be correlated.

Two videos to understand what related currencies means.

Inserted Video

Inserted Video
No stress, spread is your friend
  • #11
  • Nov 26, 2019 4:45am Nov 26, 2019 4:45am
Quoting drpepper72
EURJPY/GBPCHF BUY Spread {image}
SpreadTrading closed

Attached Image (click to enlarge)
Click to Enlarge Name: 00015.JPG Size: 21 KB


EURJPY/GBPCHF +55 PIPS
No stress, spread is your friend
  • #12
  • Nov 26, 2019 5:27am Nov 26, 2019 5:27am
GBPUSD/NZDUSD

BUY Spread

Attached Image (click to enlarge)
Click to Enlarge Name: 00016.JPG Size: 23 KB
No stress, spread is your friend
  • #13
  • Nov 26, 2019 5:28am Nov 26, 2019 5:28am
USDJPY/GBPJPY

SELL Spread

Attached Image (click to enlarge)
Click to Enlarge Name: 00017.JPG Size: 18 KB
No stress, spread is your friend
  • #14
  • Nov 26, 2019 8:30am Nov 26, 2019 8:30am
GBPCAD/NZDJPY

BUY Spread

Attached Image (click to enlarge)
Click to Enlarge Name: 00018.JPG Size: 20 KB
No stress, spread is your friend
  • #15
  • Nov 26, 2019 6:27pm Nov 26, 2019 6:27pm
Quoting drpepper72
GBPCAD/NZDJPY BUY Spread {image}
Didn't work
  • #16
  • Nov 27, 2019 1:35am Nov 27, 2019 1:35am
Quoting mixedbags
{quote} Didn't work
Yes, I see. I´m workin to identify the right moment of entry. The fact that the strategy works I have no doubt but after finding it now I have still to find the right entry points. Avoiding large deviations from what is the most important thing in the strategy: the relative momentary strength of the crosses.
No stress, spread is your friend
  • #17
  • Nov 27, 2019 2:16am Nov 27, 2019 2:16am
Quoting drpepper72
USDJPY/GBPJPY SELL Spread {image}
You are aware that this is the same as buying GBPUSD?
  • #18
  • Nov 27, 2019 5:50am Nov 27, 2019 5:50am
Quoting drpepper72
USDJPY/GBPJPY SELL Spread {image}
SpreadTrading closed

Attached Image (click to enlarge)
Click to Enlarge Name: C00003.JPG Size: 20 KB



USDJPY/GBPJPY +24 pips
No stress, spread is your friend
  • #19
  • Nov 27, 2019 5:59am Nov 27, 2019 5:59am
Quoting Dmh
{quote} You are aware that this is the same as buying GBPUSD?
I understand your question. I understand well, also that you do it because you have in your head notions of technical analysis, indicators that you have learned to use over the years. you, surely adopt a methodology focused on directional trading. in that case you are absolutely right is equivalent to trading on GBPUSD. But spread trading is not directional and your statement is baseless. Have patience and if you like follow me in the next posts. sorry for my english i use google translator. Ciao
No stress, spread is your friend
  • #20
  • Nov 27, 2019 6:24am Nov 27, 2019 6:24am
Quoting drpepper72
{quote} I understand your question. I understand well, also that you do it because you have in your head notions of technical analysis, indicators that you have learned to use over the years. you, surely adopt a methodology focused on directional trading. in that case you are absolutely right is equivalent to trading on GBPUSD. But spread trading is not directional and your statement is baseless. Have patience and if you like follow me in the next posts. sorry for my english i use google translator. Ciao
What you do with selling USDJPY and buying GBPJPY is directional trading. I don’t use technical analysis or indicators and never did. I just want you to be aware that GBPJPY / USDJPY = GBPUSD. Selling USDJPY and buying GBPJPY is exactly the same as buying GBPUSD if you like it or not. It is not an opinion, it is a fact.
0 traders viewing now