FXCorrelator - Scalping system

nope .............to 75/76 now and looking to test recent R levels .wow ......another 20+ in bag

jees shes gonna breach the 80's ...........come on !!!!!!!!

new territory ..........could be a blinder here now .........+40 for me .will I get 3 x 50 pippers in a row ?

BAILED .........

ok waiting here ........the GU ceiling got rammed ..........it must come for more

theres 30 pips up to R level on 3pm bar if I fancy it .......

to close to 3pm bar .................WAIT !!!!
sell the breach here either way
3755 - 3803

3734...............I am way too overconfident here so scalping back at moment
GU not a convincing selloff yet

gu is ranging 50-60 pips ............rebuying now

boyoboy are we going to have fireworks outside of the 3730-3800 when it blows

NICE WORK NVP,

i try to follow your journal..,
so you said is buy for GU arround 3730-3800

yep - it got to a disappointing ​high of 3834 (enough though for scalping from 3800....right ? ​)

then I really rejected and fell through the floor to 3600 in 40 minutes ........that's 234 pips in 40 minutes .....

what a day its been .........what a day

N

i'm done ............truly done for today .......nothing left in the tank .....

going to grab a hot drink and chill out ...........steam coming out the head

have a great weekend everyone ........I need to digest all the news fully now instead of just trading it

no doubt i'll be posting over weekend ........would love to hear from you all if you made some decent pips and the stories .........theres plenty going around at moment re whos made what money and where fortunes have been made ..........they'll be a few beers tonight and a few hangovers tomorrow

but not from me as I don't drink alcohol anymore .....stopped in January and cant be bothered to start again at moment

cheers
N

nice try ........I earned every damn pip in last 18 hours ..
but remember the spreads got considerably widened so people would be crazy trading normal levels of £ per pip and also stops have to be widened .....I was probably at 33% stake most of the time vs normal levels of staking as it was too risky otherwise ...........
always reduce stakes and widen stops on high volatility days guys ..........sorry didn't mention that but most traders will recommend that
still made a few quid though
i'll be running a pilot so lets see re some free invites .........reminds me I need to start laying out some draft courses on my website
let me think over the weekend ...after about 200 hours sleep
N

Hey all

Jees what a week.......seems like a dream ......but as a learning curve for me I was much much better prepared than when I was trading the 2008 crash and did pretty well so no complaints from this trader

Anyway I've been getting a lot of emails and contacts asking questions about my free systems , fxcorrelator , PDF trading guides and a lot of other stuff
I will try to respond as soon as I can but I have limited time to do so at present ...so please be patient

what I propose to do is put another video on youtube this weekend and explain the links to,where this stuff is.........

ok - most people are saying they havnt got the time to trawl through my t2win mega thread.....it is a beast with a lot of posts over a few years with 1.3m views ........I do sympathise guys

but then again ...........how do,you think I researched and learned my business and found my edge ?.......have you seen the size of some of the threads here at FF on strengthmeters and basket trading ?......I have scoured every forum over the last 16 years learning about strengthmeters ......the responses I got sometimes regarding simple clarification I needed were not polite from correspondents involved....

every worthy journey requires effort and time ......and shortcuts sometimes are not available so I would urge anyone interested in strengthmeters and the development of my ideas and indeed some of the other traders and programmers who contributed along the way take a stroll through that big thread over a few weeks .........I cant remember myself whats on there but I know there are lots and lots of areas covered , discussed
I literally cannot remember all the areas and questions its covered over the years ..but I can assure you it has

anyway ...video on its way guys .....happy to help
N

there are literally thousand of pages on my main thread at T2win where I and many others have discussed potential ways to use the FXCorrelator indicator

below here in this post I show the main ones as requested by many people recently as they cant find them

1) the FXcorrelator indicator

2) the FXcorrelator YEN / USD /DOW system ..my original lead here in the thread and it combined positive correlation with the yen and the USD that then had to be negatively correlated to the US Dow........I have to say that I don't use this guys ...I used it as a training platform for people and to also show the correlation between those markets ..that's not to say it doesn't work .......I just don't use it as personally I use more advanced systems

anyway its all in the attachment below .........how to load it and how to use it

3) the 3 Duck Corrie system , or just plain Triple Corrie if you want to call it what it is .......its 3 FXCorrelators on the same setting on 3 different TF's ....the idea is if all 3 TF's show a currency on same side of Zero it is worth trading in a pair ! ...I will be elaborating on these rules in the future but heres the video below

and I have attached the Triple Corrie indicator below as a bonus.........load it on a 5min TF and the arrows will tell you when all 3 of the TF's are aligned .........you are watching the 5min TF on the screen anyway

nice eh ? ..and you can change the MA and all the TF settings to different if you want but the ma must stay the same on all 3 TF's ..Try it
​
PS..... you can remove the chart completely to just keep the arrows ......its in ShowChart in settings (I couldn't find it in the video below !!)


heres the 3 duck system video



heres a Triple corrie video



have a good weekend
N

wanna see pain ?......its on this chart

this is my X men version of the FXCorrelator on a 1ma setting .....so its on a monthly chart so you see the move in the month per currency (open-close prices)
remember 2008 ?...........if you dont then you just re-lived it a little in last 2 days !

in 2008 the GBP index got in and around a 5% fall against the basket of G8 currencies in 3 of those months !! ..dark times for the british pound
well we are nudging it again now in June ......and there are 4 days left this week to crack it

see the main winner in those periods ?........always the yellow Yen with green usd generally ok as well........

because its classic carry trade pattern in fear mode ........and it plays out in mini form every single day in the market as a pattern ........but this is the real deal guys ........Friday was full Armageddon in daytrading terms

have a good week ...........i'm raring to go now and had some sleep over weekend ...........hundereds of pips will be available over next week .and I figure they will be offered from Asian open so may play that early tonight ..............have to see how I feel

N

THANKYOU SO MUCH NVP..

so glad i can learn..

No,worries you are very welcome ....

morning all

I took a long hard look last night at early Asian and it was surprisingly quiet

I also work up early for the mid Asian but again nothing to be around fro that I cant do in 2 hours this morning

overnights
yen to +100 pips , GBP sold to only -40's surprisingly

6am opens London so far ....
GBP sells to -13 , CHF , CAD , Yen all to +13's .......Slooooooow !!!

Pairs on so far

clearly I am on GBP and Euro watch ..........these are the currencies in the news and I will play them to their Yen &USD nemesis counterparts this morning

simple patterns at moment ..........carry trade model

at moment I am also buying EA and EJ and UJ alongside selling the GU when offered

N