Peace and Happiness through Prosperity (by Konosuke Matsushita)
- | Joined Jan 2007 | Status: Mirai Bushi | 278 Posts
fxScavenger
Arrogance is just Ignorance misspelled.
abso-PIPn-lutely
Safe Hedging System - Daily Swap 586 replies
What will be the swap rate for Friday after triple swap? 6 replies
Positive Swap system on AUDUSD trades? 0 replies
Swap System 12 replies
Swap Close, Swap Open ? 3 replies
DislikedHi howard,
PMed you the link. It is an inactive forum. I don't want to be viewed as trying to drum up membership/viewership for it. By the way, you don't need to sign up to view.
By the way, I started a demo in July 2006 with a $1000 account. The attached image shows when the account was started.
Regards,
MatsuIgnored
Disliked
Is the increase in equity of USD147 solely related to swap interest?
Was the total of your positions equal to 10,000?
Was the account balance fluctuating a lot during the period when the positions were open? What percentage above and below 1000?
Ignored
Disliked
Also I checked the other forum but only found a thread on gbp/jpy and chf/jpy hedge, not the four pairs as you mentioned.
Ignored
DislikedHi howard,
The increase in equity was not solely from swap interest. You can see from the attached image that the daily interest would give you only about 8% a year.
I closed the positions when I saw profits, and reopened them in exactly the same ratio. I did this a few times.
The volatility was very low. I checked frequently initially but noticed that there was very little change. So I checked my account only after big moves in the component pairs, to ensure that my account was safe. I don't have all the records, but don't remember seeing anything more than -10% in the account. The max I have in my records is about -$42. I can't say that was the actual max though.
Because of this low volatility, and the fact that I had more than half of my margin available most of the time, I am now running a new demo, still on $1000, but with double the amount for each pairs.
You should check under the title: "Hedging The Market. Winning being Flat in the Market."
Regards,
MatsuIgnored
DislikedHi all
I always consider the swap in my trading buttttttt it's all in the placement.
Placeing trades on swap alone is risky business at best, the long term trend must be considered. A Lesson .......... I was going long after 10 pips a few months ago, usd/chf placed on one of my live accounts and after about 2.5 months yes months I closed it out at a 11 pip loss but I made over $700.00 in swap.
Did I get lucky? yes Big time!
the moral of the lesson the swap can get you out of a jam but it is no replacement for good technical analysis of your charts. Good Tradeing to you all.
absoPIPnLutely
fxScavengerIgnored
Disliked.
This is a good strategy to trade these fluctuations but the problem is that we should be able to open and close the four pairs simultaneously which is not possible on MT4Ignored
DislikedHi Matsu
Thanks for the info, I have placed the four pairs on a demo and noted that there are $500 swings above and below the opening balance of 10,000.
This is a good strategy to trade these fluctuations but the problem is that we should be able to open and close the four pairs simultaneously which is not possible on MT4Ignored
DislikedHi Matsu
Thanks for the info, I have placed the four pairs on a demo and noted that there are $500 swings above and below the opening balance of 10,000.
This is a good strategy to trade these fluctuations but the problem is that we should be able to open and close the four pairs simultaneously which is not possible on MT4Ignored
DislikedHi Matsu
That may be the only way on MT4, however I have now been watching the aggregate fluctuations of the four pairs for some time, they are not totally neutral but GBP/JPY weighted; whenever GJ goes up the account balance goes up too and vice versa. Therefore the hedge is not risk free and is dependent on the direction of GJ, albeit on a lesser degree, that is to say the risk is much lower than trading GJ on its own.Ignored