Here’s a riddle for you.

How can you take a one signal on one pair and turn it into 2, 3, 4 or more times as many pips as you would typically make on a trade, without using AutoScaler?

The answer is Correlation.

You may not recognize the word in the context for Forex Trading, but I’m almost certain you’ve heard about it and maybe even seen it in action.

Correlation simply means when price makes a move on a particular pair, it also makes a move on one or more other pairs which are “correlated” to the main trading pair.

The best example that just about every trader learns on Day One, Hour One of their Forex journey, is that when price moves up on the EURUSD, price moves down on the USDCHF (and vice-versa).

The EU and the UC are correlated.

What you likely don’t know is that correlation exists with just about every major trading pair you can trade with just about any Forex broker.

In fact, if you look at the main pairs most people trade:

There are approximately 680 separate correlations linked just to those 10 pairs.

Put another way, tracking 680 pairs provides too much information you’d need to analyze before making a decision, which leads to paralysis by analysis.

But what if I could sift through those 680 correlations and come up with only the best, most likely to turn into a winning trade correlation?

Do you think having access to this information would help you make more pips on each trade (by placing concurrent trades on the correlated pairs, thus doubling, tripling or even quadrupling the number of pips you can earn off a single signal on a single pair)?

That’s what I’ve done for this edition of What’s Working Now in Forex.

I’ve compiled a list of 72 separate correlated pairs for your consideration every time you take a trade.

These are the trades where price on one chart makes a correlated move with the price on a second chart…

of the time.

This means in 8 out of 10 trades you get a predictable move on at least 2 charts instead of one.

80% is a fantastic number, and anyone who can knock out 80% of their trades by focusing on just one or two paired up charts is going to be drowning in pips before long.

But as great as an 80% correlation may be, that may not be enough for some traders.

Which is why within that list of 72 correlated charts, I’ve identified 33 of the charts that aren’t correlated just 80% of the time, but are correlated…

of the time.

This means a correlated win percentage that even the most head in the cloud, pie in the sky traders wouldn’t even dare to consider.

If you can focus on the pairs that average an 85% win percentage, you’ll be a first ballot Hall of Fame trader before Christmas.

But even 85% is one of those figures a few traders will look at and say “Nope.  Still too risky”.

Which is why I dug even deeper into that list of 72 correlated pairs, and identified 14 pairs with a mind boggling

correlation rate.

9 out of 10 trades.  90 out of 100 trades.

But remember, something that wins 90 trades out of 100 will lose the other 10 trades.  So if your first trade ends up in the loss column, don’t panic.  Just trade using the same common sense rules as always and the losses will not matter.

But if 90% Correlation isn’t enough to satisfy even the most skeptical, hard bitten traders out there, then I guess there just isn’t anything I can do for them.

Except maybe this.

For those of you who own the PV2/Dots/Bands, you already own all the tools you will ever need to be a successful trader.

When you set up a chart with the Dots/Bands and maybe one, two or all three PV2 indicators, you already get high probability winning signals.

So when you apply that setup to correlated charts, you get trades like this:

And this...

And this...

And this...

All the Renkos in the 4 pics above are set to 5 pips, except the Gold (XAUUSD) chart which is set to 70.  Additionally, I added in the Magenta Arrows so you could tell which trades where correlated.

Also, notice the dates on the charts.  3 out of 4 were shots from today’s trading.  The 4^th was from earlier this week.  These were the first 4 correlated charts I looked at.  If I had kept going I could have found another one from today, but I wanted to show you that while this is What’s Working Now in Forex, it does not mean it works on all pairs at all times every single day. We take the trades when and where we find them.

I could keep going with more screencaps of more correlated charts that responded exactly the way we expect them to with the PV2/Dots/Bands setup.  But I’m not here to bury you in examples.

I’m here to get you excited about the prospect of being a trader who can roll into a session, find a signal on some correlated pairs, take the trade, bank the win and get on with your day.

If you are considering a Prop Trading Challenge, can you name for me a faster, easier and less stressful way to hit the targets in your challenge than placing 2 or 3 concurrent trades on pairs where the PV2/Dots/Bands say all the charts are ready to make a move at the same time?

I’m certain the answer is “No”.

And because this is a What’s Working Now in Forex product, you likely already know that as a member of my list you’re getting this information at a steep discount to what others will pay, if I even decide to release this to the general public (and I am leaning towards not doing that at all, at least for now).

What you may not know is that so many of my major tools (AutoScaler, Chart Buttons, PV2, TBTL) all started out as a “What’s Working Now in Forex” product selling for just a few bucks (the first edition of AutoScaler was just $29 and came with lifetime free upgrades…compare that to the $179 price tag it carries today).

So this may be your one and only chance to pick up what may just be the missing piece of the trading puzzle for you, for the princely sum of $24.95.

What you are going to get is a 6 page PDF that lists the Primary Trading Pairs (that list of 10 pairs from a few paragraphs back) and all of the pairs which make correlated moves whenever a move starts on the Primary pair.

These Correlated pairs are broken into two columns, Positive and Negative.  Positive pairs move in the same direction as the Primary Pair.  Negative Pairs move in the opposite direction (as noted above the EURUSD and USDCHF are Negative Pairs as price moves up on one pair and down on the other, and yes, this happens more than 90% of the time).

I also include a breakdown of the Renko box sizes which work best for you Renko traders out there, and finally, a chart listing all the 3 letter currency designations along with the name of the currency.  There are a couple of oddball currencies in this list, so I thought this might be helpful for some.

So for about a quarter of a tank of gas (for those of us living in the USA) you can have access to a PDF that will give you all the information you need to start doubling and tripling your pip counts on your winning trades.  Don’t let this one pass you by.  Click the Buy Now button and get those correlated charts set up in time for your next trading session.

Jeff

P.S.--After your transaction is complete, give PayPal a few seconds to send you to the download page.  If PayPal fails to transfer you to the download page, immediately send me an email at jeffglenellis@gmail.com and I will email you the download link.

P.P.S.--What you are buying is a PDF with instruction on which charts to trade with for correlated trades.  You are NOT buying the PV2 package.  If you want to check out PV2 before or after you make this purchase, visit http://fxgoldminer.com

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and 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 is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

All information on this website or any product purchased from this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Simple4XSystem and any authorized distributors of this information harmless in any and all ways.

*Depending upon state and country laws - always seek professional advice.