FXCorrelator on 20ma


i didnt trade much today but my fxcorrelator is always watching the markets .... heres the default 20ma setting on a 1 hour DUMB-ASS BASIC RULE #1 you sell currencies below the line and buy currencies above the line DUMB-ASS BASIC RULE #2 if in doubt always pick the USD in your trades and ensure you only trade in the direction it is showing (above below the zero line) so looking at below ...........what side is the GREEN USD ?? = Answer above the zero ...so we are looking to BUY usd in pairs ....in fact hunting it from yesterday ...... look at the 2 charts ..........ive been hunting Euro from yesterday .......the blue euro line is a nonstop sell below the zero right ? .....right ? look at the Cable (GU) chart ..........when the red line falls below Zero SELL CABLE ...........and keep selling it !!!! im not going to tell you how to suck eggs gang .............im sure you all have wonderful systems to identify trading your favourite pairs and i am not going to teach you that but there is only a 28/1 chance you are trading the right pair at any time (See here) http://www.trade2win.com/boards/forex/71854-correlation-trading-basic-ideas-strategies-2645.html#post3031096 in the last 24 hours or so all i have been hunting is EU sells and then GU sells as they appeared ........in fact i will normally trade below the i hour timeframe and scalp them on offered decent signals into the trend BUT i remember I am only focused on just 2 pairs out of the 28 on offer ...........so i am already in my opinion focused on 2 of the main pairs that matter !!!..the others are not offering these high probability trades .....so i ignore them ....... have a great evening gang.... N

PS - i havnt forgot the training promised to everyone ....it is still work in progress.....I trade a lot of the time now and get sidetracked also on other trading projects ......but it is still in the frame for 2018 ......sorry for delays .....hey you know how it is right ? ....we are all busy busy busy ! ....N


44 views

Recent Posts

See All

Trading Experiences needed .....

hey gang I've been approached again by a reporter who is doing a piece on Trading courses and mentors (similar to the one below). my interview didn't appear in that article but one of my mentors (John

© 2023 by Walkaway. Proudly created with Wix.com

Website and Video Disclaimer: Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person such as myself or entity responsible for loss or damages resulting from the content or general advice provided here by FXCORRELATOR.com, it's employees, directors or fellow members. Futures, options & spot currency trading have large potential rewards, but also carry large potential risk. You must be aware of all the risks & be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy or Sell futures, forex, cfd's, options or other financial products. No representation is being made that any account will or is likely to achieve profits/losses similar to those discussed in any material on this website. The past performance of any trading system or strategy is not necessarily indicative of future results. Any information, news, research, analysis, prices, or other analysis contained on this website is provided as general market commentary & does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Copyright@2018 FXCORRELATOR.COM 

  • Facebook Black Round
  • Google+ - Black Circle
  • Twitter Black Round