Relative to Forex only and Swing trading: What multiple markets (other than EUR/GBP and. almost anything) could you possibly trade? The rest seem al to be about 90%+ in correlation, either positive or negative. Right?? So there are only two real pairs you can trade in Forex at the same time.

Please keep sending your UMT info to me. I would love to buy the system but just cannot come up with tht much money yet. Just a poor, old, letter carrier

Thanks

NetPicks Reply: Thanks for the question and you are right there is “some” correlation – for example there’s no reason to trade the EURUSD and UDSCHF since they are so closely correlated – however, after that we find plenty of differences between for example the EURUSD, USDJPY, EURJPY, GBPJPY, AUDUSD, etc… Some sessions some of those markets have lots of range, while others compress so while clearly there is some correlation it is not by any means a situation where you get identical movement. You can easily, if you wanted, trade 4 pairs at a time and not have duplication. Anyway, keep delivering those letters and we’ll see you onboard soon enough!

NetPicks Reply: We add those as we get a trade set-up confirm. Those are not difficult to see — you’ll see us narrate what makes a buy and sell in the videos. Thanks.

NetPicks Reply: Personally I would say 144 tick is too “quick” for the YM – especially given how the volatility is now. Perhaps back in August for example that timeframe would be fine but you need to recognize that things have changed dramatically – when they slow down to the “norm” you can adjust but personally wouldn’t use anything less than 200 tick or more on the YM for now.

NetPicks Reply: You can definitely do options trading with the UMT but we always suggest swing trading not day trading if you’re using options.