FXCorrelator - Scalping system

ea reselling .jees that's a solid pair today

if you are scalping and went

EA sell
UJ buy
EU sell

don't be upset if you didn't make 5 pips ............they were correct moves off the 7am bar change ............stay patient and go in again when ready

gbp jut fired off some bull flares .........go with it

uj to 29 now for m so no complaits .........
I managed to hit the gu buy button .............Jesus that was fast
N

got 49/50...........was waiting for that buy from way back as per posts

the GBP during London session is the ONLY repeat ONLY currency I will trade regardless of the usd moves .............usd was signalling still bull on that GBP bull move but I ignored it

33 the uj.not sure if any left now so tight

ej going better than uj now .........rebuying from 119.09/10

remember timing ?........
ok the gu is obviously bull .right ?
4158 - 4166 is the range .........
so what is the gameplan ?
how do you decide when / if to rebuy GU ?
N

superb last 10 mins on g8...........the gbp really shook things up

4163 the gu at moment ........cmon clock is ticking !!!!!!!

clue .its now 4171

gu just spiked to 72 and has retraced dramatically to 61 again
so my point is .........you either bought around 66 and took 4-5 spike pips
or you didn't trade at all ........
was that an impossible trade ?
yep .........pretty much ......
N

my point is

if you took it and lost ..........bad luck
if you didn't take it .....then youve just saved some pips

but overall .........who the hell cares ?........this is trading so wear the losses or stop trading and take up knitting

also ........there are 28 pairs tradable on the G8 .........do you really think that while you are watching GU play silly buggers there are not better other pairs to be trading?

answer is that there are easily 2-3 other pairs better to trade at moment .....that why I use strengthmeters to watch them all .... get on the best pairs 100% of the time

you are watching the wrong pair guys .............

N

the market move peaked around 7.14 .........how do I know ?.........because I monitor the G8 in total and can watch volatility meters ........the rest of the time now has been painful and a classic period where inexperienced traders will get whipped to death giving up precious pips ........

i'm now ready for the 7.31 bar ..........lets see if we can get back into those rends that opened up in last 30 mins again

GBP is a bull
Yen is a Sell
Euro is a buy

most others pretty flat now

N

ok EA buying from 5200
uj from 106.26
ej from 119.20

i'll work the yen sells and euro buys

agreed ..........I like GBP as a bull but we need usd helping ......
the GU has been a tease for 20-25 mins now since breaching the 4160's
other pairs better ...........but I am happy to buy in as it clears the 60-70 area again

yen pairs spiking north .........teasy stuff ......i'll go on the retrace again

wicked wicked market at moment .........theres a lot of 5pip whips across the board
if you are an inexperienced scalper don't despair..............today is a real SOB so far !!
i'm only really a handful up today ...........usually I am 20-30 pips + by even 7am
N

usd is bear ..........lets see if it holds
Euro is a nice bull still

gbp is falling dude ............not convinced me yet