what I took from your old post was:
you hedged a losing trade and when the USA session was over and the pair was ranging, you tried to recoup the loss for that day.
out comes the 4H chart and in the next 4hr period you close the buy part of the hedge with a sell order at the top price of the previous 4H bar and will close out the sell side of the hedge with a buy order at the bottom of the 4H bar.
if that wouldn`t cover your loss completely, you would also have another order in, the size of that one dependent on the balance of the hedge loss.
that`s how I picked it up, but might be completely off.
another question:
you said: when on hedge demo you could place orders much larger than if hedging is not possible.
if hedging, could you give me a clue as to the size of an order if leverage = 100:1,
trading 4 pairs per $ 1,000 account size?
thank you
you hedged a losing trade and when the USA session was over and the pair was ranging, you tried to recoup the loss for that day.
out comes the 4H chart and in the next 4hr period you close the buy part of the hedge with a sell order at the top price of the previous 4H bar and will close out the sell side of the hedge with a buy order at the bottom of the 4H bar.
if that wouldn`t cover your loss completely, you would also have another order in, the size of that one dependent on the balance of the hedge loss.
that`s how I picked it up, but might be completely off.
another question:
you said: when on hedge demo you could place orders much larger than if hedging is not possible.
if hedging, could you give me a clue as to the size of an order if leverage = 100:1,
trading 4 pairs per $ 1,000 account size?
thank you