Thanks! I just downloaded it and will have time on Tuesday to read the instructions and check it out.
: ) Thom
: ) Thom
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DislikedBrentmark yoy've been extermely lucky so far. But email us later when you lose all your money in a demo account.Ignored
DislikedIRUSOH - all it took was the worst day GBP/JPY had in years! I got margin called today and lost half of the $5000 demo account. So this experiment is over on my end.
The hedge could still be a good idea, but not while being over-leveraged as I knew I was.Ignored
DislikedI had a full-sized lot long on GBP/JPY and full-sized lots short on GBP/USD and USD/JPY - all in a $5,000 demo account. It was much too small for this hedge.Ignored
DislikedIRUSOH - all it took was the worst day GBP/JPY had in years! I got margin called today and lost half of the $5000 demo account. So this experiment is over on my end.
The hedge could still be a good idea, but not while being over-leveraged as I knew I was.Ignored
My Intuitive DRT Trades journal Completed Trades: Symbol Type Opened Closed pips comment ------ ----- ----------------- ----------------- ---- ------------------------- USDCHF Short 2/21 19:08 1.2393 2/22 09:42 1.2432 -39 stopped out USDJPY Short 2/22 16:19 121.31 2/26 15:42 120.62 +69 got out on return to river. too early. AUDUSD Short 2/22 16:21 0.7893 2/26 16:55 0.7941 -48 stopped out EURUSD Long 2/22 16:16 1.3103 2/27 15:34 1.3239 +136 euro feels extended. will get back at lower levels USDCHF Short 2/22 19:05 1.2390 2/27 15:35 1.2215 +175 had enough GBPUSD Long 2/23 15:47 1.9620 2/27 21:41 1.9651 +31 wait to see for zone congestion USDCAD Long 2/27 15:15 1.1611 2/28 00:55 1.1671 +60 the river was reached Current Trades: Symbol Type Opened pips comment ------ ----- ----------------- ---- ------------------------------ USDJPY Long 2/28 03:05 118.57 +3 move back to river GBPUSD Long 2/28 03:06 1.9628 -9 settled above river EURUSD Short 2/28 03:07 1.3224 +3 pull back
DislikedHere is Hedge Calculator.
It can calculate any number of pairs (with reason) in any combination.
First parm "Pairs" works as follows:
Pairs = symbol=lots;symbol=lots;...
symbol to buy when lots positive, to sell when lots negative
separated by semicolons.
Pairs for this thread will be "GBPUSD=-1;USDJPY=-1;GBPJPY=1"
start, end times shluld be at least one day.
Check it out, see if it works for you.Ignored
DislikedBrentmark yoy've been extermely lucky so far. But email us later when you lose all your money in a demo account.
I tested this strategy extensively a little while ago on various pairs. There is a belief as usual that one can find some magical pair combination in some magical ratio to each other so that they will always be eaualized. But that just doesn't happen. Usually they get out of sync every 3-4 weeks and then go deeper and deeper into red. This happens when syddenly one pair refuses to cooperate and acts wild while other just sit there and hardly move. Then they equalize on a new level which incidentally is $600-700 below what it was.
BTW the guy who gave me this sterategy and was swearing by it, now hawks some martingale system on the net called binary equation (another piece of junk).Ignored
DislikedHas
their been any updates to this calculator ? is thier one that could
be used for other pairs or to change lot size ?Ignored