FXCORRELATORFREETradingsystem

Heyall!
Many,manythanksfortryingthisFreeintroductorysystemitsfreshandinnovativeapproachtoindividualG8
currencyanalysismakesitaspowerfulatoolasanythingIve(personally)everseenoutthereintheTradingcosmos
andwithsomepractice,experimentationandapplicationitshouldprovideyouwithaprofitabletradingsystemfor
yearstocomeandperhapsalifetimeintroductiontousingstrengthmetertradingtools.
Ifyouarekeentodevelopyourtradingfurther,Ibelievethissystemwillalsowhetyourappetitefortryingmore
advancedsystemsandtradingmethods(seelater)theinnovativeFXCorrelatorhaslimitlesspotentialonceyoucan
understandandobserveForexmarketbehaviorinthisuniqueway.
Ifyougetachance,doreadthroughmyT2WThread(thatisstillgoingstrongasIpublishthissystemguideinMay
2012......orgotomyWebsiteFXCorrelator.comformoreinformationwhereitshowstheevolutionofthissystem
andgeneralstrengthmetertechnologythateverythingisbasedon
TheFXCorrelatortrulyBringscurrenciestolife!
AsyouareprobablyawarebynowifyoureadmyT2Wthreadmylifeneverhasenoughhoursintheday(whos
does?)soIamafrustratedparttimeTradingsystemdevelopertryingtotransitionacrosstofulltimeprofessional
trading(andteaching)alongsideaveryfulltimejobandotherfamilycommitments.Mytimewillcome,andyours
willonedayifyouhavethefocus,beliefandcommitmenttodoit..Whoknows,perhapswewillmakeitatthe
sametime!
OvertheyearsIhavedevelopedmuchmoreadvancedHybridsoftheFXCorrelator,andthesemaybemarketedby
mycompany(FXCorrelatorLimited)inthefuture,incorporatingtheincrediblyinnovativeWorldofstrengthmeter
technologyandmarketanalysissomethingIbelieveisarevolutionarywaytoviewandtradetheForexmarket
pleasecontactmewhenyouwanttotakethatnextstep.Iamalwayshappytocollaborateonideassocontactme
forachat.........especiallyifyouareaprogrammerasIamnotaspecializedprogrammerandalwaysneedhelp!
MeanwhileifyouhaveanyquestionsatallpleaseemailmeatFXcorrelator@gmail.comorpostontheT2WThread
andsomeonewillcomerunning.
SowithoutfurtherdelayletsgetyoufiredupandusingtheFreeIndicatorandsystem!

Bestregards
Neil(NVP)
Oopsherestheseriouslegalstuff.payattentionall:

TradingcarriesahugedegreeofriskandisNOTforAmateursonceyoustartTrading
withrealmoneyyoumusthaveaProfessionalapproachinallareasoryouwillfail
InloadingtheFXCorrelatorindicatorsyouareagreeingtoallofthelegaldisclaimers
postedontheT2WFXCorrelatorThreadTermsandconditions.Wetakenoresponsibility
foranylossesincurredusingthisinformationorrelateddocumentation
Donotreselltheindicatorsortheinformationcontainedinthispublication.Please
contactmeifyoufindanythingbeingsoldandwewilltakeappropriateaction


1)SystemRequirements

AnydecentmodernPCorlaptopwilldothetrickthemorememorythebetter

Internetaccessforthefeeds(Iwouldadviseasecurecablelinkforlivetrading/feeds)

Metatrader4softwareinstalledonyourmachine(thissystemisavailableforMT4platformonly)

AbrokerfeedfortheMT4livedata(wecannotrecommendanyonebutNVPpersonallyusesODLwhichis
nowownedbyFXCM).Itispossibletousefreefeedsbutthismayrequirereloadingthesoftwareevery
month,soitsbettertosignuptoaliveaccountanddepositminimalfunds.Thiswillgiveyouan
uninterruptedservicegoingforward.AskonT2Wifyourenotsurewhotouse.

ContactmeatFXcorrelator@gmail.comwithanyqueriesontheaboveifneeded

2)TheIndicatorandloadinstructions
OkwearegoingtoassumeyouhaveaniceshinyMetatrader4platformupandrunningonyourcomputer(see1
above)anditsonabrokerplatformthatwillprovidethefeeds.Thefirstthingweneedtodoisloadupthenew
customisedindicatorsyouwillbeusing.
Hereshow(pleaseskipthissectionifyouknowhowtoinstallindicatorsforMetatrader)
WhennavigatorisopenYouaregoingtobecopyingthemintothecustomindicatorfoldershownbelow

locatethefileembeddedinthepostthisisattachedtoandcopyitovertothefolderareaaboveorhereitisagain
withthefulladdressIhaveinmylaptop

Colourkeytothesystem
UnlessstipulatedseparatelyintheIndicatorthefollowingcoloursapply
Green=USD,Yellow=Yen,Blue=Euro,Red=GBP,LightBlue=NZD,Orange=AUD,Brown=CAD

FXCorrelator20maSystem
Templateneeded:1)FXCorrelatorona20maplacedonaUS30(Dow30)chart
Instructions:loadaUS30(Dow30)chartontoyourplatformsetitto1Hr
Adda20SMA(andbandsusingthemasettingifyouwanttogaugethestrengthofthe20matrend)

NowloadintheFXcorrelatorindicator(intheThreadPost)andsetiton20ma

RULES
Thesystemisverysimplebuteffective..onlytradewhen
1)TheyellowyenandGreenUSDareabovetheZeroandtheDowisbelowits20ma
2)TheyellowyenandGreenUSDarebelowtheZeroandtheDowisaboveits20ma

IwouldrecommendyouonlytradeUSDpairsandthetradingpartnertotheUSDisuptoyou.....thissystemprovides
anedgetogiveyouthepredictivedirectionoftheUSD!

PersonallyIwouldalwayschoseacurrencythatisontheoppositesideoftheZerototheUSD.....sointheexample
below(buyingUSD)theoptionsofsellingtheCHF,EURO,AUDandtheNZDatentrypointareshownbelow:

AndheresanearliersignalsellingtheUSDbelowwithjusttheAUDandNZDonofferatsignal:

Otherbitsandpieces
AddingmoreRules
Thisisaveryverybasicintroductiontotradingstrengthmetersandusingmarketcorrelationprinciples......itsthetip
oftheiceberginmyworld...andmyjourneycontinuesintakingtheseapproachestothelimits...weareeternal
students!
Onceyougettherulesandplayalittlefeelfreetoexperiment....Iwouldsuggestyoufocusonthefollowing
1)Varythemasetting
2)Combinemultiplecharts(use2or3settingsforconfirmation,multipletimeframes......etcetc)
3)Observedynamics/behavioursoftheG6currencies(nonUSDorYEN)togiveanedgeincurrencypairchoice
4)addbandingstogetabetterfeelingforpricemovementstrengthandmomentum
5)PerhapsignoreMAsandmovetopriceactionprinciplesonthechartsusing500+masettings
ADDENDUMRULESaddedin2013
NotethatifyouwanttogeneratemoresignalsandbeinthemarketmorethenIsuggestincorporatingthefollowing
amendmenttothestandardrules:

1)IftheUSDandYENareontheSAMEsideoftheZerolineTRADETHEM.regardlessoftheDOWsposition
2)ifthe2CurrenciesareonopposingsidesofthezerothenusetheDOWtodecidewhatcurrencytotrade:
a)ifDowisAboveitsSMAtradethecurrency(USDorYen)thatisbelowtheZEROline
b)ifDowisBelowitsSMAthentradethecurrency(USDorYen)thatisAbovetheZEROline
andinthesecasesitisquiteacceptabletoTradeUSDJPYasapairtrade.asthevolatilityofthemovecouldbemore
profitablethatotherpairsonoffer
Allofwhichmustbealignedtogoodbasictradingprocessesregardingmoneymanagementandobservationofall
currentEconomicnewsandeventsthatwillbemovingthemarket
TimeZones
Myobservationsarethesameasmosttradersonthissolookforactiveperiodswhenothermarketsareinfull
swingandpreferablytheUSortheEuropeansessions.FormeintheUKIwouldalwayslooktobeactivefrom7amto
11amish,thenletthemarketssettleintotheUSopeningbeforetryinganafternoonsessionaswell.Evening
sessionswithUSmarketsareperfectlytradableasUSequitiesarekeytomovingmarkets
InterestinglyformewhenIpostmymorningovernightposts(T2W)IalwayscommentontheForexmovementsvs.
FarEasternmarkets,andtherearemanyoccasionswherethetagteamhavemovedsmoothlyinresponsetomarket
risesorfallsallowingsomelovelytradesalluninterruptedbyEuropeanandNorthAmericaneconomicnews
releasesthatplaguethemorenormaltradinghours.
WatchhowcurrenciesbehavewhentheyarenotintheirownrelativeTimezonemarketopenperiods,itis
fascinating.
Forexhoweverisa24/7business(exceptformostoftheweekend)sotradewhenyouwant!
TimeFrames
TheFXCorrelatorsystemsworkinanytimeframe,howeverthe1hrandhighers/bemoreconsistentlyprofitable
EntryandExitlevels
InalloftheindicatorsIuseitisimportanttowaituntilthepricebarclosesandconfirmsthesignalyouarewaiting
for.TheFXCorrelatorisverysensitiveespeciallyonthelowerTimeframes!
Youwillfrequentlyseethecurrencylinescrossthezerolevelsandeachotherduringthetimebarsduration,onlyto
fallbackandwithdrawfromthesignalwhenthebareventuallycloses.ThisisthenatureofALLsignalsandyouwill
seethisinanypairchartorindicatorsobepatientandletitclose!(SometimesIdontwait,andIwinorlosebased
onmyimpatience!)Yourmoney,yourchoice
RegardingExitpointsfortrades?Youwillseenothinghereregardingmyadviceonthis,why?BecausewhateverI
sayyouwillprobablyfindtheoppositewillhappenonthenext3tradesyoutake!
SeriouslyIcouldwriteabookonexitstrategies,becauseformanytradersitsevenmoreimportantthantheentry
point.Forscalpingthatsrelativelyeasy,pickyourpairsyouregularlytrade,workoutthe1min/5minATRsforthe
scalpsyouarehunting,andafterentrybereadytothenexitonthepriceachievingthesetargetsbeforethemarket
inevitablyretraces.ThesystemdescribedaboveneedspracticeandWILLprovideexcellententrysignals.Remember
theydemandcurrencylinestobeabove/belowcertainlevelstoinitiatethetrade,soonceyouareinthetradekeep
oneeyeonthepairchartbeingtraded(naturally!),butalsokeepansecondeyeontheindicatorthatgotyouin,and
ifthatindicatorstopsregisteringthesignalthatgotyouintothetradeTHATISAWARNINGTHEPARTYMAYSOON

BEOVER!.....socertainlytightenstopsatthispointorevenejectinascalpsituation.Icannotteachyouthis.its
calledexperience,sopracticepracticepractice!
MoneyManagementandLeverage
Heycmonwearealladultshereright?Justdontbestupidwithyourtrading(orGamblingwhateveryouwantto
callit).IgrewupinafamilyofUKBookmakersandhavewatchedfartoomanygamblersloseeverypennytheyhad
(andmore)andspendtherestoftheirdays(someshorterthanothers)inmiseryanddespair,destroyingfamilies
andotherlivesalongtheway.
HoweveryouwanttotreatyourTrading,assoonastherealmoneystartsbeingtradedyouhavetotakefull
responsibilityforallyouractionsandplaytowinatalltimesasaprofessionalTrader.

YoustopbeingaAmateurwhenyouputrealmoneydown.
Everytimeyoutrade(havingtakeneveryprecautiontoensurethesignalispureandcorrect)youstillneedtorealize
thateventhegreatesttradersintheworldlosemoneyonfailedtradesonafrequentandregularbasis.Itspartof
thecostofdoingbusiness.Likerestaurantshavealotoffoodpreparationwastage,youcantavoidit,butyoucan
certainlyensureitskeptittoaminimumatalltimesthroughgoodprocessesandrigiddiscipline.

PleaseensureyouaretotallyproficientandcomfortableontheparticularFXCorrelator
indicatoryouareusingbeforetradingrealmoney
Dontoverleverageyouraccount(donttradewithrealmoneyuntilyouunderstandwhatthehellIamtalking
about)andIwouldsuggestusing2%ofyourBank(themoneyyouhaveallocated/writtenofftotradingfully
losable)toeverytradeyoudo.Dontgradeyourtradesandallocatemoneyaccordinglyasignalisasignal,sowhat
thehellareyoutakingalessthantopgradesignaltradeforanyway?
MyCorrelatorindicatorandanyderivatives(whenusedproperly)isdesignedtogiveyouthebestchanceof
selectingacurrencymovingupwardsandalsoonemovingdownwards.
AsIhavementionedbeforeinmyT2Wthread,allIneedtodoisgetjust1currencydirectioncorrect(andespecially
ifitisthemoreVolatilecurrencyofthepairchosen)toensureIdontloseonthetrade.Thisequatesoveralltomy
(pureG8Forex)tradestargetinga25%chance(orlesswithexperience)oflosingonanytradetaken.
Combinethe2%of(cumulative)bankpertradewiththispercentageaboveandyouwillmakesteadyprofitswith
experienceandpractice.

Tradingcarriesahugedegreeofriskandpleaserefertomylegaldisclaimersonall
FXCorrelatordocumentsandIndicators.
YourJourneystarts
InthefewpagesaboveIveonlyjustscratchedthesurfaceondemonstratingwhatthisamazingindicatorandfamily
cando.MyjourneycontinuesinfindingnewwaystomakethisIndicatoraprofitabletradingtool,andIwouldlove
youtojointhefamilyperhapsdiscoveringtradesandsignalswhicharestill(asyet)hiddeninsidetheFXCorrelator.
OkallImgoingtohavetogonowyouknowhowtocontactmeandmyteamatFXCorrelator@gmail.comonany
questions.Butpleasereadthewholeofthisdocumentafewtimestounderstandwhatshappening,plusreadthe
megathreadatT2Wformorebackgroundknowledge.Themoreyoupracticeandeyeballthechartsthemoreyou
willunderstandwhatishappeningandthefantasticwaytheseindicatorspresentrelevanttradingdataand
signals..theFXCorrelatortrulyBringscurrenciestolife

Bestregards
Neil(NVP)

DEDICATION
IwouldcertainlynotbeinvolvedinTradingwithouttheinfluenceofachildhoodspentinacloselovingfamilywhere
myFatherandGrandfatherwereveryastuteandsuccessfulBookmakers(andalsoprofessionalgamblersforalong
andprofitableperiodinthe60sand70s)Thegamblingindustryisinmyblood,andalwayswillbe..
Sadlyallofmylovingfamilyarelongdepartednow.....
GodBlessandIthinkofyoualleveryday