FXCorrelator - Scalping system

Forex Diary for the week ending 17th Dec 2021

My fix start indicator on chart is available here for £15 donation to charity

https://www.justgiving.com/fundraising/fxcorrelator

average week for volatility .....

BULLS
good week for quite a few currencies....

Red GBP ....massive push to +100 pips by Thursday
Green USD was useful at +70 by Wednesday
Orange AUD did ok as well getting to +70 Thursday

BEARS
Brown CAD Dominated the selling to -140s by Wednesday.....then came South again Friday

Trades of the week ?

Sell Sell Sell CAD in pairs to wednesday - 1 way street
the Fading USD and JPY currencies offered some great trades into Thursday
Friday saw the return of the Bear CAD for trades

Strengthmeters give me a tremendous insight into the FX market, but very few Forex Traders use them in their Trading..... a real shame as you need every edge possible to make consistent money !

The many Free indicators I offer at my website (FXCorrelator.com) are the tip of the Iceberg in what I now use to make money....but they are a great introduction to relative strength trading !

N

Wishing everyone a Merry Xmas and a great Trading year in 2022 !

be safe
N

Forex Diary for the YEAR 2021

My fix start indicator on chart is available here for £15 donation to charity

https://www.justgiving.com/fundraising/fxcorrelator

its that time again ......so what happened in Forex 2021 ?

BULLS
Brown CAD dominated 2021 .....only fading a little in Q4

RED GBP was a Decent Bull at times but second half was weaker

Green USD Impressed greatly in the second half of the Year

BEARS
Dominated by yellow JPY and the most divergent currency in 2021 (it beat CADS Bull plays)
2 massive run downs in the year, plus a third forming through December.....

Blue Euro has been a slow burner Sell.....zzzzzz

not sure what 2022 will bring but i'm confident by using relative strength combined with more standard strategies it will be a decent trading year ...

have a happy new year gang !
NVP

Forex Diary for JAN 2022

My fix start indicator on chart is available here for £15 donation to charity

https://www.justgiving.com/fundraising/fxcorrelator

my first real post of action in 2022 ....first 3 weeks

BULLS
Brown CAD dominating 2022
RED GBP decent at times but fading now
Yellow JPY trying hard ....

BEARS
Green USD has had a bad start to 2022, its trying to recover at moment
Turquoise NZD is getting rammed at the moment

not sure what 2022 will bring but i'm confident by using relative strength combined with more standard strategies it will be a decent trading year ...

enjoy the weekend gang....
NVP

Hi NVP, Happy New Year! Any plans for providing some training in 2022?

hey there Whiteso

and a happy new year to you !!!

maybe later in the year .....keep in touch

N
FXCorrelator.com

NVP we are on RISK OFF..... not RISK ON

Risk ON is when AUD, NZD & CAD & STOCKs are BULLISH

hey there .....i look at risk in many forms regarding Forex vs Equities....but i agree yours is the classic definition of equity risk

UKRAINE

Fear / Risk off plays are happening in January again...(Nov was also great)

Ukraine situation weighing heavily again in all forex dialogue

Buy priority is the yellow JPY pairs (and also CHF , USD pairs) on dips .....dont try to be clever ...please

N

(corrected and republished due to some readers misinterpreting my comments)

Forex Diary Week ending 28th Jan 2022

My fix start indicator on chart is available here for £15 donation to charity
https://www.justgiving.com/fundraising/fxcorrelator

BULL
The Green USD .....nothing else came close to this epic move....superb !

BEARS
Everything else ......it was a 1 way street selling currencies into the Bull USD

I was hoping for more JPY this week but no complaints in me hitting the USD bull train instead ...

enjoy the rest of the weekend gang....
NVP

Forex Diary Weeks ending 4th Feb 2022

My fix start indicator on chart is available here for £15 donation to charity
https://www.justgiving.com/fundraising/fxcorrelator

BULL
The Blue Euro .....nothing else came close to this epic move....superb !
Red GBP had some strength at times ....marginal

BEARS
Everything else ......it was a 1 way street selling currencies into the Bull Euro
Green USD and Yellow JPY made this a real easy choice of pairs buy EU and EJ

NVP

Forex Diary Weeks ending 11th Feb 2022

My fix start indicator on chart is available here for £15 donation to charity
https://www.justgiving.com/fundraising/fxcorrelator

BULL
The orange AUD was best ....Brown CAD was decent

BEARS
The Yellow JPY and Blue Euro were the main sells

Nice retracements of all currencies on Friday .....can be an effective strategy to play if you know
what you are doing

NVP

Forex Diary Weeks ending 18th Feb 2022

My fix start indicator on chart is available here for £15 donation to charity
https://www.justgiving.com/fundraising/fxcorrelator

BULL
The yellow Yen was a lightening buy on monday ....which was in fact the biggest move for bulls in the whole week ...very disappointing for trend followers ....Yen was a real rollercoaster this week ....
Brown cad, orange Aud and turquoise NZD did try to get bullish at times

BEARS
The Yellow JPY , Green USD, Blue Euro and the Brown CAD all got south later into the week ...but again paltry values ....

So overall though it was a very quiet week .....less than half the range of last week (see second chart as comparison)....that means its much harder to trade and you can get hammered trying to trade into the weeks trends......so dont beat yourself up if you lost money ...pure trend following was hard ....and yen was like a rollercoaster

in fact not 1 single currency stayed consistently bull or bear in the week .....really tricky !!

NVP

well the unthinkable has happened .......

ive been moving more trades towards the risk off plays for a while now as Russia flexed its muscles ore and more

the CHF , USD and Yen have all been bought overnight....expect the action to continue now with Euro getting the main pain

going to be a lot of volatility in the Forex market now on from this global event ......(sadly)

N

recent EJ Selling as I pile on the short trades .....one of my most basic indicators giving me the heads up

N
FXCorrelator.com

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came off EJ shorts earlier ......waiting for next selloff.....will come in the US session i hope

Forex Diary Weeks ending 25th Feb 2022

My fix start indicator on chart is available here for £15 donation to charity
https://www.justgiving.com/fundraising/fxcorrelator

BULL
The yellow Yen and Green USD and Grey CHF were the risk off buys on Thursday Asian Session as Putin Invaded Ukraine
Orange AUD and Turquoise NZD were early week favourites and then returned to the top on Friday , Brown Cad came late as well ....absolute Rollercoaster with nearly 5 Currencies going Alpha Bull in just 1 week

BEARS
Despite the Blue Euro woes on the Thursday it was the Red GBP that really took the major hits later in the week regarding risk off......some 230+ pips south at breathtaking speed .....

in volatile markets reduce your stakes and widen stops to accommodate the bigger moves....dont kid yourself that you can trade the same way as in less volatile conditions ......thats beginners stuff

NVP

Forex Diary for 1st March 2022

My fix start indicator on chart is available here for £15 donation to charity

https://www.justgiving.com/fundraising/fxcorrelator

great trading today...Euro falling off a cliff since 10am ....

N

Forex Diary for 2nd March 2022

My fix start indicator on chart is available here for £15 donation to charity

https://www.justgiving.com/fundraising/fxcorrelatorhelp

ive opened up today from 6am selling Euro into USD .......supported by Dax

will try some more resells at key signal points

the yellow yen now below the Zero line on the left chart worries me ...a weakening Yen does not support USD continuing to rise ...neither does a Dax coming back to 6am levels already

I do this stuff every day ...ive been Trading Forex since the year 2000..... 22 years ago and helping others since 2009 on big forums like this with many free indicators and free advice ...see below

N
FXCorrelator.com

just an update on my report earlier in the week....(above)

I've been banging away selling the Weak Euro all week since 2nd March ....why wouldn't I ?

look at the Fix Start indicator below .... selling EU was easy meat .....in fact selling EurAud was even more awesome ...trade them both or take your pick

ALSO

ive decided to publish a short ebook explaining one of my main ways I trade the Forex market ..

let me explain that every penny will be donated directly to Ukranian charities - as I am already doing with my Fix Start Indicator you see here already

after 22 years trading forex - I still dont publish much and keep myself very very private...but i'm finally going to release some ideas and strategies I try to use every day to beat the Forex market

Stay tuned as ive got to get the damn notes and charts into PDF format over the next week ......quite a task as i have the attention span of a fly ! ......but its worth it if i can raise a few grand for the Ukraine appeal.....as i did with the NHS charity in the last 2 years .....every little helps

ok stay tuned ...i will post the charity links as soon as all is in place ....I wanted to go kindle / e-book route on amazon publishing but they wont so far relinquish their publishing fees .....I have asked again

have a good weekend
N