FXCorrelator - Scalping system

77

ucad ​2807

are we having fun yet ?.........

73... rememebr lock in early profits to protect the scalp .always

ok back later .........i'm running GU down as well ............couldn't resist it as usd still bull

2814 ...........

121.70

later all..........too many trades, too little brain cells ......

becoming a consistent trader is not rocket science so DO hang in there everyone if you are struggling ......

research
learn
apply yourself
practice
practice
screentime

refine that edge

and it will come together in the end

N

morning all ..........and welcome to anyone who is new to the thread

this is where I journalise my thoughts on the forex market on a daily basis ........I am a short term trader ...scalping pairs from say 3-5mins or longer if they run for me

I have other threads at T2win and Babypips and a website and a youtube channel ........from my profile you will see I have been trading since the 1980's and trading forex for over 16 years and now share my ideas and strategies for anyone else interested

thanks
N

morning all

overnights
yen the buy .......to +50's but big big retrace - bull
USD solid sell .........wait for retraces to resell #
NZD bull
CAD Bull

early London from 6am
yen to +15's (stay on rebuys)
GBP - BUY
CAD - BUY
AUD / NZD - SELL
USD .......flatlining .........looking for resells (Asian session)

scalping pairs so far
SELLING EJ , UJ and AU
BUYiNG EA..GU coming

a few pips so warming up nicely now .......7am bar to fire things up

N

GY is THE buy............not really focussed on that pair till 2017 ........too hrd and to wide a stop needed mainly

uj is going nicely north ........ive been taking from 107.00's ...rebuy from that level

EU is seliing ok as well ......selling from 1370 level ........

I don't tend to chase the breach on my trading ........(perhaps in gbp pairs and yen pairs)..........I mainly let the trends settle in and trade the bounces .....easy street

so at the moment I am waiting for

GBP to retrace from its bull stance
and yen to retrace from its bear move

and pick up more positions then

usd has been a nice bull now for nearly 30 mins ....lets see what 7am does

see the consolidation at moment ...now we see if reversals will occur on 7am bar or we just snap back into retradeing the last 30min trends .......easy

gbp holding bull and yen holding bear ..........just playing the pairs

GJ rebuys .......UJ re buys