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Correlation strategies

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I want to share a correlation strategy I used this week for an easy profit. I bought and sold two generally opposite moving pairs and closed them out when profit was reached. I bought usd/jpy and eur/usd and sold gpb/usd and eur/jpy at the same time. I used no Sl or TP. I closed them out manually for a good profit. 

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#1 - December 20, 2019, 08:50:51 PM

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This week I bought eur/jpy and gbp/usd and sold usd/jpy and eur/usd. 
#2 - December 22, 2019, 10:52:34 PM

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This week I bought eur/jpy and gbp/usd and sold usd/jpy and eur/usd.
Hay friends, correlation strategies in pairs are used by several traders.
In your trading, can you Add or attach picture information about your order and close positions.
So we all know, performance this correlation strategy is very good and profitable.

Thank you
#3 - December 23, 2019, 12:18:13 AM

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Hay friends, correlation strategies in pairs are used by several traders.
In your trading, can you Add or attach picture information about your order and close positions.
So we all know, performance this correlation strategy is very good and profitable.

Thank you
Here is a screenshot of the strategy I am using. I will close all of the trades at the same time once it reaches a good profit.
#4 - December 23, 2019, 02:20:04 AM
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I want to share a correlation strategy I used this week for an easy profit. I bought and sold two generally opposite moving pairs and closed them out when profit was reached. I bought usd/jpy and eur/usd and sold gpb/usd and eur/jpy at the same time. I used no Sl or TP. I closed them out manually for a good profit.
u said your strategy buy usdjpy and eurusd and at the sametimes you also sell gbpusd and sell eurjpy but in the screen shot of your strategi said the otherwise.you buy gbpusd and sell eurusd..so what the exactly the truth of your strategy sir?
#5 - December 27, 2019, 03:49:53 AM

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u said your strategy buy usdjpy and eurusd and at the sametimes you also sell gbpusd and sell eurjpy but in the screen shot of your strategi said the otherwise.you buy gbpusd and sell eurusd..so what the exactly the truth of your strategy sir?
You can do either. In this strategy the eurusd and gbpusd are opposite trades. The usdjpy and eurjpy are opposite trades. You can buy or sell the eurusd as long as gbpusd is the opposite. I also have other pairs this works for. This strategy is risky though and I am still working on it.
#6 - December 27, 2019, 11:01:19 AM

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I closed the last set of trades out in profit.
#7 - December 27, 2019, 11:03:20 AM
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« Last Edit: December 27, 2019, 11:05:08 AM by Reshleman1969 »

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Here is another set of trades I am taking. I'll close them out in a basket once profit is reached.
#8 - December 27, 2019, 11:12:10 AM
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I closed the last set of trades out in profit.
A simple strategy, good and can generate profits.

Maybe later I will try it, but there are two questions that I'm not sure about.

- Problems with Eur / Usd and Gbp / Usd pairs why are correlations correlated?

- For this correlation strategy, is it possible without SL or TP, so far you have used it?
#9 - December 27, 2019, 12:06:12 PM

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A simple strategy, good and can generate profits.

Maybe later I will try it, but there are two questions that I'm not sure about.

- Problems with Eur / Usd and Gbp / Usd pairs why are correlations correlated?

- For this correlation strategy, is it possible without SL or TP, so far you have used it?
Some pairs fall out of correlation. This set I didn't trade gbpusd or eurusd. I'm not using sl or tp but it would work. I would use a 50 SL and 100 TP with this. But if you use SL and TP it might hit both stop losses and you might have more losses. I like trading these in a basket better and closing them all out in profit.
#10 - December 27, 2019, 12:17:46 PM

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Some pairs fall out of correlation. This set I didn't trade gbpusd or eurusd. I'm not using sl or tp but it would work. I would use a 50 SL and 100 TP with this. But if you use SL and TP it might hit both stop losses and you might have more losses. I like trading these in a basket better and closing them all out in profit.
Previously you did sell eur / usd and buy gbp / usd The result is not correlation.
I understand how you do long distance SL and TP, but that is conditional.
Thanks for the explanation.
#11 - December 27, 2019, 12:26:26 PM

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Previously you did sell eur / usd and buy gbp / usd The result is not correlation.
I understand how you do long distance SL and TP, but that is conditional.
Thanks for the explanation.
If I see two pairs that generally move together I will open opposite trades. If I see two pairs that move opposite to each other I'll open the same direction. For instance, in the set I just made I opened the same direction on audcad and usdcad because they are moving opposite to each other.
#12 - December 27, 2019, 01:03:56 PM

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i see this system is good sir,,but i want asking when we put sell or buy this corelation pair?
#13 - December 31, 2019, 04:48:55 PM

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i see this system is good sir,,but i want asking when we put sell or buy this corelation pair?
I'm only experimenting with this strategy. I close all my trades out when they reach a good profit.
#14 - December 31, 2019, 11:53:48 PM

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I'm only experimenting with this strategy. I close all my trades out when they reach a good profit.
okay mr.Resh..i will try your strategy and if u dont mind you can always update your trade here so i can learn it 
#15 - January 02, 2020, 12:42:40 AM

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