Hello everyone,
I've been trying out T101's basket method and I'm not sure if it is working. Because I am using IBFX (on a demo basis) I used the IBFX currencies. They seem to be hedging each other - after all w/ 14 currency pairs my total losses are only around -400 and that's not so lopsided is it? The only problem is that none of the negative bottom tier currencies are jumping past slot seven. They've just been staying separate the entire day & most of last night since I've set it up. Oh...and the time that it did with GBP/USD I bought the currency and it started to fall.
Am I doing this right? Is something just happening in the market right now that upsets this method?
Cricket
I've been trying out T101's basket method and I'm not sure if it is working. Because I am using IBFX (on a demo basis) I used the IBFX currencies. They seem to be hedging each other - after all w/ 14 currency pairs my total losses are only around -400 and that's not so lopsided is it? The only problem is that none of the negative bottom tier currencies are jumping past slot seven. They've just been staying separate the entire day & most of last night since I've set it up. Oh...and the time that it did with GBP/USD I bought the currency and it started to fall.
Am I doing this right? Is something just happening in the market right now that upsets this method?
Cricket