Simple Trading Method with trader101

Where is the site that shows you how to setup per your comments as follow: "ther is a site which tells you how to set these up onto a excell spread sheet and this will give you an hourly update on there present standing ,then you can decide to reverse them or not,"

Thank you very much/

=)

hi jicssbr,this site will help you ,http://www.investopedia.com/articles...5.asp?viewed=1

=)

http://fxtradeinfocenter.oanda.com/c...elations.shtml

Click on Table version

Thanks, I will try it for EURGBP and a few others.

this is pretty interesting.
According to my reading of the chart with correlations for EURGBP, EURGBP is mildly positively correlated to EURUSD, and neutral with reference to USDCAD, but negatively correlated to AUDUSD, EURCHF, EURJPY, GBPUSD, USDCHF, USDJPY. But the correlations are changing slightly over time.

EUR/GBP is more related to GBPUSD.

T101 concept is more on correlation... but this correlation thing changes constantly. With oanda table, you can play the game close to your heart.

Frpm the Oanda chart, it looks to me like one month to 2 years ago EURGBP was negatively correlated to GBPUSD, but in the last week it was neutral.

When N / U, G / U, A / J, E / J and G / J settle down at the bottom
or at the top, U / C and E / G sorta hover around in the opposite
territory...

Is there a way to enter the trade more accurately
by observing their behavior...??

Thanx in advance...

From the Oanda table, it looks to me like the correlation between N/U and E/G varies over time from negative to positive.
But as I understand one of the methods, it has something to do with an overall balance in favor of E/J for some reason. This is true regardless of whether you choose the original pairs or the universal pairs.

found it.
thx

Does this system still work?

YES

Hi

Are there people actively trading this system,could you please give an update your views if possible ?

Cheers

Paul

Hi guys,

Do you guys remember post number 14 of this thread by Julius. I know the strategy developed into
a more advanced stage but is anyone still using this way of trading???

Hi Julius

Can you tell me after opening initial demo trades, on average how long it takes for trades to sort themselves out and 'anchor jump' ?

I have been looking back at the last 2 weeks data for all pairs but there does not seem to be any sort of order (buys at top or sells at top). From what I can see, there are mixed buys and sells in profit and in loss....

Hope you can shed some light. Thanks in advance for your reply!

Logical

The week of 12/20 and 12/13. The market was ranging heavily perhaps due to low volume of trades as associated with the holiday seasons, hence you can't see groupings of pairs. The system helps you avoid the market at those unprofitable times. Also allow you to spend your time with your family..LOL

The week of 12/6, there were some decent trends enough to make you some 1000+ pips. There were also times that you saw some groupings of similar pairs.

The week of 11/19, there were also some decent trends over the week also some took more than 1000 pips as well and there were also groupings of pairs observed.

I am saying that it needs a little patience to wait for the right moment to trade. We have to be aware of the habit of the market this will help us predetermine how the market will behave in the coming weeks. All you need is one good week in a month. The amount you can make in that decent week is already 6 months profit for others or even more.

But as long as the market trend then you can see some groupings of pairs. This is like whale watching, we know the whales are there but they dont show-up sometimes. So be patience and keep that scope and camera hanging so you are ready when they show-up.

Happy Holidays everyone and may the New Year bring you more pips!!!

Julius

Thank you for your reply and for puting things into perspective.

Will wait till holidays are over and see where market takes us.

Hope you have a Happy New Year and all the best for 2010!

Logical

Hello GC,

I intentionally downrated that particular strategy as some during that time or even until the present times has difficulty comprehending even the basics of this system. Perhaps in some future times I would emphasize this strategy.

That strategy if used properly could tripled your profit over the basic of the BTS.

Again i appreciate your keen observation of this system. Keep searching/reading I know you will find something.

Happy Holidays.

Gotta thank you trader101 regarding how much info you have given out, don't think many people would share such a drastically different view on the market, let alone still be willing to answer questions! Thanks