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FXCorrelator - Scalping system

  • #981
  • Jun 7, 2016 1:54am Jun 7, 2016 1:54am
gbp is bear and Yen is bull......pick the rest out of that
  • #982
  • Jun 7, 2016 1:57am Jun 7, 2016 1:57am
reselling the GU at moment and trying to plya UJ and EJ sells .............reselling EA when offered

been a slow one but I'm still ok for day ...........as long as I clear 20-30 pips I'm not fussed ..............50 pips is really what I need a day but I struggle to hit that on just 6-8am slot

cheers all
N
  • #983
  • Jun 7, 2016 1:58am Jun 7, 2016 1:58am
Quoting be-positive
(lol) you want your bread buttered on both sides tell the better half its either work or play :twisted:
given the choice I would now trade F/T ........but this last contract offered till December was a peach and I can work from home

2017 I go F/T trading again
N
  • #984
  • Jun 7, 2016 3:57am Jun 7, 2016 3:57am
taking a peek back
as usual the London session is opening up more and more after 8am ........USD has settled into a bear phase and GU has soared to +70 pips from 6am and ucad down to -50's now
yen has been bear as well...........but average moves buying EJ & UJ (as Euro and usd are net bear as well)
G/J is THE buy trade ........but as staed I tend to leave that alone .......you need a big stop to enter and I cant be bothered ........
for me my 6-8am slot is pretty tight normally for pips and I am having to deal with pairs moving no more than 20 pips in that 2 hours ......but that's life until I get more time to trade next year !
N
  • #985
  • Jun 7, 2016 4:13am Jun 7, 2016 4:13am
gu looks interesting at 4592..........rebuys coming ?
  • #986
  • Jun 7, 2016 4:16am Jun 7, 2016 4:16am
Quoting NVP
gu looks interesting at 4592..........rebuys coming ?
nice bounce to 4600.......but clearly the 00 will also be a challenge
  • #987
  • Jun 7, 2016 4:18am Jun 7, 2016 4:18am
Quoting NVP
nice bounce to 4600.......but clearly the 00 will also be a challenge
4607 ............that's a nice surprise !
  • #988
  • Jun 7, 2016 4:19am Jun 7, 2016 4:19am
ok heres the thing on GU .......it does like its ranges at times
4992 - 4607 ............play the range now
  • #989
  • Jun 7, 2016 4:20am Jun 7, 2016 4:20am
jees ....yen just weant weak
  • #990
  • Jun 7, 2016 4:21am Jun 7, 2016 4:21am
charge ...........uj and ej buys
  • #991
  • Jun 7, 2016 4:23am Jun 7, 2016 4:23am
EJ supporting rebuys from early 50's ,,,,,,,looking better and better that one
  • #992
  • Jun 7, 2016 4:24am Jun 7, 2016 4:24am
sometimes I chase the breaches on my scalps ..

but mainly I just pick off the bounce trades ?

that's rebuying into falls (Bull trend)
and reselling into bounces north (Bear trends)

not rocket science
N
  • #993
  • Jun 7, 2016 4:26am Jun 7, 2016 4:26am
Quoting NVP
ok heres the thing on GU .......it does like its ranges at times
4992 - 4607 ............play the range now
GU fell to 92 again in last few minutes .............
its not rocket science
N
  • #994
  • Jun 7, 2016 4:30am Jun 7, 2016 4:30am
Quoting NVP
GU fell to 92 again in last few minutes .............

its not rocket science

N
GU high this time was 97......enough to make money ? - No !

enough to b/e on the scalp with no losses or risk - YES !!!

I have to risk trades to make money ......but I am not gambling ....I always try to be out b/e minimum most of the time on high prob trades

as a mentor once told me

its not about winning - its about not losing

N
  • #995
  • Jun 7, 2016 4:38am Jun 7, 2016 4:38am
Quoting NVP
charge ...........uj and ej buys
still sitting on them ..........EJ buys from S at 56
  • #996
  • Jun 7, 2016 4:41am Jun 7, 2016 4:41am
Quoting Nvp
{quote} still sitting on them ..........EJ buys from S at 56
to 64 now falling again .....regroup for next scalp ........
  • #997
  • Jun 7, 2016 4:42am Jun 7, 2016 4:42am
gu is back ranging 92 - 4605/6
boring but profitable
  • #998
  • Jun 7, 2016 4:44am Jun 7, 2016 4:44am
will ucad breach the 77's ? ..........hmmmm
really better to wait for a retrace
  • #999
  • Jun 7, 2016 4:45am Jun 7, 2016 4:45am
Quoting NVP
to 64 now falling again .....regroup for next scalp ........
went to 56 AGAIN .now 68
  • #1,000
  • Jun 7, 2016 4:45am Jun 7, 2016 4:45am
like shooting fish in a barrel ..........I must trade the full London morning more ....

later
N
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