- Search Forex Factory
- 46 Results (1 Thread , 45 Replies )
- neo1001 replied Sep 7, 2008
Kiado: To respond your original post, I like to add a few points of my own: 1. Retail Sales in U.S. makes up 2/3 of the GDP. Meaning although export is important, most U.S. made products are consumed inhouse. When you really get down to it, what do ...
- neo1001 replied May 12, 2008
GY will probably retest 208 this week. Why? I will explain once it gets there. It is the same reason I have been long since 200.00
- neo1001 replied Jun 26, 2007
Just keep on entering the trades, as far as your new entry is concerned, your hedged 3 pairs should be absorbing most of the movement, just be patient and let the EA do its job. neo
- neo1001 replied Jun 25, 2007
To answer your question, I did not work out a lotsize adjustment because of the simple fact that doing so will negate your earnings on the daily swap. As you might already know this, the fact that this hedging is not 100% perfect, but it will absorb ...
- neo1001 replied Jun 25, 2007
Thank you and I am very grateful for the people in the forum who participated in this thread. Its the people that make this system better, and if anyone should get props for making this into what it is today, I think Carllos is gotta be the MAN. neo
- neo1001 replied Jun 25, 2007
Carllos Ask away!!! I am here now and to stay!!! Sorry guys been very busy lately, Didnt mean to abandon you all, but I am back now. So please shoot away with your questions, comments, or just to shoot the breeze... neo
- neo1001 replied Jun 25, 2007
Ok, remember from the perspective of the 4 pairs, when you add position, you are actually buying high on one pair and Cost Averaging on the other three, or vice versa. So when you are accumulating pips with GBP/JPY, you are actually entering the ...
- neo1001 replied Jun 25, 2007
The interest rate differential is still very high compared to others. But I guess we won't know until the rates are actually raised.
- neo1001 replied Jun 17, 2007
Well, thank you for your kind words... You have hit the nail on the HEAD. The purpose of this type of trade is actually to protect your interest more than to make money. What many novice traders don't understand is that if you can't keep your money, ...
- neo1001 replied Jun 10, 2007
Guys: Sorry for not being around much. Have been busy with many personal issues. Congrats on your variation of this strategy. I am very happy for you, and for anyone who can take a concept and develop into a more personalized trading style. I for ...
- neo1001 replied May 26, 2007
Guys: First of all I want to say a word of Thanks to all of you keeping this thread alive. And I want to extend special thanks to Carllos for his contribution in this Hedging methods EA. I will be following this thread from time to time and ...
- neo1001 replied May 18, 2007
Thank you very much for your kind comments.
- neo1001 replied May 2, 2007
When the market start to DUMP GPBJPY, what is going to happen to CHFJPY and GBPUSD? I am assuming they will both be down, basic supply and demand? SO in essence the hedge part will work, whereas if you were only in GBP/JPY Long you would be wiped ...
- neo1001 replied May 2, 2007
Not really. But I have closed my positions when the NET SUM of my trades are positive. 28% is great!!! Depending on your actually margined amount, you can either take some profits or keep on riding the move. neo
- neo1001 replied May 1, 2007
Enter when GBP/JPY dips. You can look at past resistance/support level and decide the best time for entry. Use 4Hr or even Daily charts to make your decision. Neo
- neo1001 replied May 1, 2007
Risk tolerance is about 15% of the account. In which case I would be looking for area to exit trade. It hasn't happen to me yet, because I do time my entry correctly. My Margin for my initial entry is 50% after 10th day. So I would see 200% margin. ...
- neo1001 replied Apr 27, 2007
I would be stopped out at 1 PIP profit, then immediately I would be closing my set (chfjpy, usdchf, gbpusd) when they are positive or close to positive. I would wait and time my entry for the next day or the day after it. If I see market sentiment ...
- neo1001 replied Apr 27, 2007
Thank you for your input Jas. However, it does not have the SAME behaviour as buying 1 Lot of USDJPY. I am not going to repeat some of the same information posted before, but just to say that there are always risks involved when you trade FX. But ...
- neo1001 replied Apr 27, 2007
Well, let translate that: In Short, when the day whole Japanese Economy goes KABOOM! or UK got Taken Over Completed by Communists, then this method should be avoid. Current interest rate differential between Yen and GBP is so huge, any drastic ...
- neo1001 replied Apr 22, 2007
GUYS: Forex is very brutal and it will eat you alive and probably not even spit any bones out. I have been trading for 3 years now, and what I have found is that unless you can control your emotion, you are not cut out to be a trader. I know I have ...