FXCorrelator - Scalping system

Forex Diary 27th May 2020

slow start today .....usd tight range ....no bias

chf and gbp broken bear recently so selling .....cad breaching north

a little scrappy but scalps there now

N

Interesting morning......cable sells eventually faded as usd came down into yen / chf bear zones

Euro was a great buy then into lunchtime against yen and USD ...

with US equities taking early hits we are seeing a big rally in yen , USD and Chf at moment , nice resells again on Cable and AUD a safe sell ......these days i am taking more notice of the us equities market as the link to carry trades on yen , USD and Chf is pretty strong again ......

lets just say i'm very averse to playing any usd / Yen / Chf sells into a falling equity market and vice versa

takes me back a few years this does ............in fact my first public forums were all around this in 2009

N

forex Diary 28th May 2020

slow start ....USD and Yen both swung bear but now faded north back to neutrality
GBP , CAD and AUD the bulls so far
CHF now main bear

made a few pips off the initial yen / USD sells but scrappy now ...need more directional bias

N

Forex Diary 29th May 2020

ok slowish start ......GBP finally showing its bias from 7.30 ish ..bear

Taken a few cable bear scalps but nothing serious ....NZD and AUD bullish

USD very rangy ........

for the week we have seen decent USD & JPY Selling to -150s .....Cad was king by wednesday hitting nearly 200 pip gains but has come off now .... nothing naturally over extended into friday so no calls from me for weekend closeouts

N

Forex Week ending 29th May 2020

last week saw nice Selloffs on Yen and USD
Cad was main Bull to wednesday - then it faded , Euro roared briefly

good week for me ...naturally trying to reflect those moves on lower timeframes when offered

always use Forex strengthmeters to see the bigger picture .... ..why limit your trading success ?

Neil
(NVP)
FXCorrelator.com
https://uk.virginmoneygiving.com/FXCorrelator

Forex Diary 1st June 2020

ok morning ........usd and Yen got bear quickly to -20s pips .......AUD, GBP and CAD all been positive bulls to +15s to cad 30s

ok so far .....happy to be buying cable and selling Ucad mainly

N

Forex Diary 2nd June 2020

excellent morning ....usd and Yen are Bear ...and CAD and GBP have deilvered on the bull side

Cable has moved some 50-6 pips bull since 6am so no complaints

strengthmeters always get you on the best trending pairs ....use them

N

nice day today ......Yen been as low as -14 pips from 6am ...usd bearish as well to -40's

GBP been to +60's .....AUD , NZD and EURO all acceptable buys

ive done well buying Cable and E/J ...my favourite yen pair

N

Forex Diary 3rd June 2020

interesting morning so far .....

Euro and GBP got bull early so been on them in pairs, Euro extending now to +35 pips since 6am GMT

USD faked a bear move then came bull...really frustrating on the europeans buy options

Yen and AUD are the sells .....both been to -30s so far

with Yen and USD finally splitting this morning ive been mainly successful on EJ buys and some AU sells .....

my worse scenario is when USD and GBP run (correlate) together as this morning......i then have to go play elsewhere and know their connection wont last .... you watch !

N

long day .......USD has retained bull status but fading more recently .......AUD stayed bearish .....cad been south.....USD and GBP have stayed pretty correlated ...that surprised me as was looking for some trades off any divergence

N

Forex Diary 4th June 2020

long morning ....USD mainly light Bull but faded last 2 hours into Bear ..Yen following
GBP bear of morning so far to -30s
CAD , CHF and Euro all hit +30 so far

Easiest action was cable selling earlier ....at the moment its all about EU and EJ buying ...awaiting US opens

N

Forex Diary 5th June 2020

hey all .....

Yen been the alpha Bear so far to -40s
GBP been Alpha Bull to +60's
USD followed Yen south so far alongside Euro and CHF at times

easy play for me on Cable buying inititally.....G8 consolidating at present

NFPs later so should be interesting

N
https://uk.virginmoneygiving.com/FXCorrelator

Forex Diary for Week ending 5th June 2020...

heres my donation FixStart indicator showing the weeks action...

nothing comes closer for showing traders all the G8 currencies and what they did.....a little easier than 28 seperate charts !

YEN Dominated the Bears all week from Tuesday ....450 pips of selling all the way though to Fridat evening

4 currencies all had good bull weeks ......CAD, then AUD , NZD and GBP as well ....all decent buys at times

USD was a healthy Bear all week with Chf and Yen ...no complaints selling it into currencies

NFPs Yesterday ....

heres a chart showing the 2 hours following 1.30pm GMT HFP announcement.....hugely better than expected it held USD positive post event and slammed CHF and Yen south....CAD spiking Bull and then again loved the Show going +60 pips inside an hour .....its easy to do this stuff with the donation fixstart indicator

overall i was happy with my weeks trading...due to Biz consulting work committments i wasnt in the market as much as i could have been ....shame as there were plenty of pips around !

interesting times !
N

solid morning in markets ...good pips around

GBP is The Sell .....nothing else matters

N

I was a bit below the weather today but the market as always marches on

Initial london Yen & USD Bull plays swung back to sells for US session so far

CHF Holds Alpha Bull position - Still
Euro came as late Bull into US session
CAD , AUD, NZD Consistent sells all day so far

I would have been selling Cable and Cad during most of the London session into those great USD bull moves
then it got tricky ....

The us opens would have given me the confidence to double down and sell USD into Euro and CHF

N

Forex Diary 10th June 2020

ok London morning - approaching US opens now ....

USD was bear ....and has stayed bear so far

Bulls have been CHF, AUD and now a strengthening GBP

Not too bad today for me ...but still tricky at times

N

Forex Diary 11th June 2020

Tricky morning in Forex market

USD has swung Bull to bear over the morning .....

CAD been the Sell (to -30s)+
EUR and CHF the buys (to +25s)

GBP is Neutral so far .....Yen as well

so slim pickings and a beginners nightmare .....stay lean and stay out unless you are really seeing something

The Secret to profitable trading is not giving away dumb and sloppy losing trades ....think Defence instead of Offense.....think "how can i not lose? vs how can i win ?"

try it ....you might like it ?

N

Forex Diary 12th June 2020

solid day in market nice trending for london morning

CAD & GBP were the Main Alha Bulls getting + +50/60s in pips
Big morning Sellers were Yen and CHF with USd in pursuit ...Yen got to -70s

USD was bear enough toi justify hitting GBP and CAD buys in pairs
E/J buys would have looked good on trading charts as well .....

great trades buying CADJPY and GBPJPY if you can stomach the spreads ....

I will update the weeks action over the weekend.....

cheers Gang
Neil
(NVP)

PS - my charity Indicator shown on the Chart have now reached nearly £700 - so thanks again for all the kind donations and i hope you are finding it useful in your own trading

https://uk.virginmoneygiving.com/FXCorrelator

Forex Diary week ending 12th June 2020

solid week & market nice trending ........

YEN & CHF were the Main Alha Bulls with Yen getting to +350 on early Friday then fading hard
CAD was main sell all week to minus 250 early Friday

CADYEN Sells were the best trades of the week ...timed well would have seen a few hundred pips on best moves

you cant help thinking that friday saw profit taking on those Cad, CHF and Yen plays ?

look at the 7ma setting for trading Yen on middle indicator (yellow) ....some great setups each time Yen came below the zero then bounced north ......(Arrows)......just hit it in a decent pair combo ....CAD , GBP , NZD AUD all Selling

trading 1 hours on the weekly are generally more predictable than the twitchy London or US sessions in lower timeframes ........and this indicator allows you to see the action so easily

available for a small donation below

cheers Gang
Neil
(NVP)
https://uk.virginmoneygiving.com/FXCorrelator

Forex Diary 16th June 2020

steady Bull on CHF / JPY and USD ....JPY got to +50 pips
Solid selling on GBP, AUD,NZD and Cad ...all to -20's

all reversing now into us opens

so good trading morning on many pairs .....

N