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FXCorrelator - Scalping system

  • #3,161
  • Sep 9, 2016 1:42am Sep 9, 2016 1:42am
heres my 3 duck corrie
2 triples .....Euro and Cad .......aligned to my scalping so suits me
Attached Image (click to enlarge)
Click to Enlarge Name: 3 duck corrie friday.JPG Size: 187 KB
  • #3,162
  • Sep 9, 2016 1:57am Sep 9, 2016 1:57am
Quoting 21vs7
{quote} nvp great interest here. have few q if you dont mind..no hurry in your own time.

specifically, why have you seen this to happen? - bound to happen?
sorry - can you drop in a chart of something for me to see the situation again ?

(quote) as we see both currencies weak rather than divergence in play
weak according to whatever benchmark / ma / start point I was applying at that time


secondly, you entered few min before laandan opened with USD strenght on the table at that point. 60m lag ya. said a bit...
can you expand and explain a little more ? ...........then happy to answer


see above
N
  • #3,163
  • Sep 9, 2016 2:01am Sep 9, 2016 2:01am
Quoting 21vs7
{quote} nvp great interest here. have few q if you dont mind..no hurry in your own time.

thirdly..probalby you talked about this and ill be going thru in next days, but if you can answer it real quick..whats the SL size you have in pips and in % of acc aand, how many positions you have on in one go?

1-2% max per trade - 4-5 pairs max in action but only max 2 correlated .......so if the market is booming with 3-4+ currencies trending I can justify opening up the pairs without cannibalising my correlation .......ideally no more than twice...


see above
  • #3,164
  • Sep 9, 2016 2:02am Sep 9, 2016 2:02am
Quoting 21vs7
{quote} nvp great interest here. have few q if you dont mind..

fourthly? ..have you ever considered that pip calc is different as % calculation in evaluating the market. CADCHF and GJ are different animals. percentage wizze they should be the same. sceptical about this in any way? thanks
please expand question ? - thanks
  • #3,165
  • Sep 9, 2016 2:27am Sep 9, 2016 2:27am
Quoting Nvp
heres my 3 duck corrie 2 triples .....Euro and Cad .......aligned to my scalping so suits me {image}
interesting. i trade the same pair-before loondon. 4570 but trying to hold in EOD
risk is still down to 4530, but yeah..lets see what london does

ill get info to your enquiry later
  • #3,166
  • Sep 9, 2016 2:55am Sep 9, 2016 2:55am
ea buys have been my star performer in last hour....EA is up 70 pips from lows around 6.30 this morning .........

anyway i'm finished .....back later
N
  • #3,167
  • Sep 9, 2016 4:06am Sep 9, 2016 4:06am
Quoting Nvp
{quote} please expand question ? - thanks
concerning your answers:

yes, correlation plays big factor. Great MM.

my question
Quote
have you ever considered that pip calc is different as % calculation in evaluating the market. CADCHF and GJ are different animals. percentage wizze they should be the same. sceptical about this in any way? thanks

You talk about +30pips XXX currency in strenght etc.

having calculation on 28 pairs to get this kind of outcome, means that you are calculating number of pips..(so you have a change of XXX at +30 pips) My statement:The most accurate calculation should be in percent change, not in pips.
ADR in GBPJPY and EURGBP is sooo different (pips wizze) but in calculation they have same weight. While in percentage change it would be the same. (same weight) There comes my question... have you ever thought of this that way and whats your opinion on this? thanks
  • #3,168
  • Sep 9, 2016 4:06am Sep 9, 2016 4:06am
ucad 2947 strong R level .......cad bear banging on door and usd sustaining buys
  • #3,169
  • Sep 9, 2016 8:52am Sep 9, 2016 8:52am
Quoting be-positive
another after the event comment --------- you need to try get a job on bloomberg tv in 2017
http://www.trade2win.com/boards/fore...ml#post2807616

Euro Bull actually called 90 minutes before .......i need to send semaphores to T2win members.......they are much sharper at Forex Factory

N
Attached Image (click to enlarge)
Click to Enlarge Name: euro is bull.JPG Size: 108 KB
  • #3,170
  • Sep 9, 2016 9:00am Sep 9, 2016 9:00am
Quoting Nvp
ucad 2947 strong R level .......cad bear banging on door and usd sustaining buys

just checking on another post earlier - was this one alright or still too confused for everyone at T2win ?


N
Attached Image (click to enlarge)
Click to Enlarge Name: 10 pip scalp.JPG Size: 117 KB
  • #3,171
  • Sep 9, 2016 9:09am Sep 9, 2016 9:09am
Jees US SESSION
usd is romping away today .........nearly 100 pips up from Asian lows
Cads getting slammed ..Still
ucad is 130 pips up from Asian lows


let me summarise that for T2win members
N
Attached Image (click to enlarge)
Click to Enlarge Name: ucad semaphore.JPG Size: 34 KB
  • #3,172
  • Sep 9, 2016 9:12am Sep 9, 2016 9:12am
Quoting 21vs7
{quote} concerning your answers: yes, correlation plays big factor. Great MM. my question {quote} You talk about +30pips XXX currency in strenght etc. having calculation on 28 pairs to get this kind of outcome, means that you are calculating number of pips..(so you have a change of XXX at +30 pips) My statement:The most accurate calculation should be in percent change, not in pips. ADR in GBPJPY and EURGBP is sooo different (pips wizze) but in calculation they have same weight. While in percentage change it would be the same. (same weight) There...

sure % better I agree - but I have correlated my indicators to be relatively accurate on 1 mins so comfortable calling the pips .......it means more to most people learning the ropes

N
  • #3,173
  • Sep 9, 2016 11:16am Sep 9, 2016 11:16am
not round this weekend - back next Tuesday


cheers
N
  • #3,174
  • Sep 12, 2016 7:27am Sep 12, 2016 7:27am
hey all

got back early
great morning on the yen ....bullish all the way to 90 pips from 6am so far
Cad, Aussie's, euro the main sellers

usd and gbp are rangy unfortunately

Pairwise its been a good morning scalping the UJ and the EJ sells.....ucad buys not bad either

gbp fighting north in last hour or so .......

N
  • #3,175
  • Sep 12, 2016 7:31am Sep 12, 2016 7:31am
Quoting Nvp
hey all got back early great morning on the yen ....bullish all the way to 90 pips from 6am so far Cad, Aussie's, euro the main sellers usd and gbp are rangy unfortunately Pairwise its been a good morning scalping the UJ and the EJ sells.....ucad buys not bad either gbp fighting north in last hour or so ....... N
nice move..continuance before landan - EURCAD and EURAUD. the movement from friday
EUR hampered strong but still inside the bouyant zone against the mentioned currencies. - AUD broke thru loondon open, CAD still fighting. so EUR could/would? bounce. njah. - wont trade that..perhaps some strong retrace on eurcad 1,468x and 1,465x-2x some interest. but need conf

we are on the similar page

have aJ and CJ interest..but looking at AUDCAD..i see a strong move up eh - cant see CJ followed in the same matter

lets see what will show..im in CJ shorts tracking NY open. still risk up to 78,3x levels (out around 78) if we dont have a runner - so trade could be tom story afterall
  • #3,176
  • Sep 12, 2016 7:38am Sep 12, 2016 7:38am
3 duck action .........yen buy cad sell this morning .......

N
Attached Image (click to enlarge)
Click to Enlarge Name: 3 duck corrie.JPG Size: 129 KB
  • #3,177
  • Sep 12, 2016 8:15am Sep 12, 2016 8:15am
Quoting Nvp
{quote} sure % better I agree - but I have correlated my indicators to be relatively accurate on 1 mins so comfortable calling the pips .......it means more to most people learning the ropes N
What's the settings you use on the 1 min Correlated Indicators?
With God all things are possible.
  • #3,178
  • Sep 12, 2016 11:31am Sep 12, 2016 11:31am
Quoting Dehyah
{quote} What's the settings you use on the 1 min Correlated Indicators?

hey there - remember I do not quote anything here on 1 min TF - my 3 duck corrie system is 5min lowest TF ..higher TF signals

when I scalp (and all the scalp messages I give here) they are more aligned to my own bespoke scalping systems that have more customised strengthmeters and are not really using ma based indicators .......

if anyone was contemplating using the FXCorrelator on a 1 minute TF as a trigger (perhaps aligned to a Higher TF Fxcorrelator to get trend alignment) I would suggest the fastest you could use is a 20ma ...and perhaps run it all the way to a 60ma as the slowest entry signal

big range and there are positives and negatives for where you set the MA in that range..........really depends on a traders needs and personality

But again I repeat - I do not trade using the 1 min FXcorrelator in its free form provided here or in my websites ....I have (for me) better/faster indicators I use to scalp forex

if I do run some courses in 2017 I will talk more about the FXCorrelator on the 1 min TF .........

N
  • #3,179
  • Sep 12, 2016 11:35am Sep 12, 2016 11:35am
us session saw the gbp go bull and the Yen sell off (finally) .....usd slowly getting dragged south as well

GU been the star buy us session so far .......+40's .....weak yen got EJ / UJ into the +20's a while back .....ucad sells coming now

have a good evening
N
  • #3,180
  • Sep 13, 2016 1:23am Sep 13, 2016 1:23am
overnights

yen bull but retraced late Asian
usd solid steady bull , GBP bull
aussies and cad the sells

6am London opens
yen comes bull, usd recommences bull
gbp solid sells , cad and AUD coming as well now

pairs 6am
GU sells and ucad buys been to +20
EA buys been to +30

good volatility - shame that the yen Bull cannot be used on the Bull usd / Euro

N
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