The software says buy 1 EURUSD lot for every 1.18 USDCHF lot-
Is this accurate does anyone know?
Thanks, in advance- that would explain a lot--
Is this accurate does anyone know?
Thanks, in advance- that would explain a lot--
Volume for indices, tick and the exchange derived volume 4 replies
Are quotes for minor pairs real or just derived from majors? 0 replies
Oanda spread versus MB Trading spread 27 replies
HOW TO PLOT derived cross 0 replies
Derived Currency Strength Indicator from multiple pairs 0 replies
DislikedThe software says buy 1 EURUSD lot for every 1.18 USDCHF lot-
Is this accurate does anyone know?
Thanks, in advance- that would explain a lot--Ignored
we need to divide EURUSD/USDCHF to work with a neutral position,
you can not get a perfect ratio, but this is not so important so it is sufficient to make closing EurUsd... EURUSD closed at 1.34_
DislikedBy working the position do you mean trading lots while you are in the negative drawdown zones?
I seem to remember him stating this at one point-
In a more predictable market this would not have been such a problem I guess but there is a strong trend that just broke out after the year end consolidation-
Absolutely mind numbing at times but I am not going to give up on this Forex because it suits my hours etc.-
Just have to learn to trade less and look for better set-ups I guess-Ignored
Taking into account that now the volatility is more than double the historical volatility and referring to our table I propose these two tables that take into account the volatility and I would like to have your opinion on which of the two tables seems more correct:
1_
lot 1 -0.50( or +0.50 of course) – Exit half at 0.00, other half close to +0.50
lot 2 -0.50 – Exit on 0.25 pb/ re-enter at -1.00 from previous exit
lot 3 -0.50 – Exit on 0.25 pb/ re-enter at -1.00 from previous exit
lot 4 -1.00 exit 0.25 pull back (pb) - re-enter at -1.00 from previous exit
Note: If first 4 entries in and no pullback then delay lot 5 until -2.00 not -1.00 Exit on -0.50 not -0.25 and re-enter on -2.00 from previous exit
lot 5 -1.00 exit 0.25pb – re-enter at -1.00 from previous exit
lot 6 -2 exit 0.50 pb – re-enter at -2.00 from previous exit
lot 7 -2 exit 0.50 pb – re-enter at -2.00 from previous exit
lot 8 -4 exit 1 pb – re-enter at -4.00 from previous exit
lot 9 -4 exit 1 pb – re-enter at -4.00 from previous exit
lot10 -6% double lots exit 2pb -– No re-entry, just hold until pb
2_
lot 1 -0.50( or +0.50 of course) – Exit half at 0.00, other half close to +0.50
lot 2 -0.50 – Exit on 0.50 pb/ re-enter at -1.00 from previous exit
lot 3 -0.50 – Exit on 0.50 pb/ re-enter at -1.00 from previous exit
lot 4 -1.00 exit 0.50 pull back (pb) - re-enter at -1.00 from previous exit
Note: If first 4 entries in and no pullback then delay lot 5 until -2.00 not -1.00 Exit on -1.00 not -0.50 and re-enter on -2.00 from previous exit
lot 5 -1.00 exit 0.50 pb – re-enter at -1.00 from previous exit
lot 6 -2 exit 1.00 pb – re-enter at -2.00 from previous exit
lot 7 -2 exit 1.00 pb – re-enter at -2.00 from previous exit
lot 8 -4 exit 2 pb – re-enter at -4.00 from previous exit
lot 9 -4 exit 2 pb – re-enter at -4.00 from previous exit
lot10 -6% double lots exit 4 pb -– No re-entry, just hold until pb
Ashes, Mackus, Pipsalot, Big1Red9, etc... and of course Spieler,
I invite all of you to give your opinion!
thanks, Stake...
DislikedHi Stake,
May I ask what were your math assumptions in terms of vols for redoing the table?
Thanks,
LenoxerIgnored
We are talking about the volatility on the pair EurChf that requires us to slow down our steps!!!
DislikedWe are talking about the volatility on the pair EurChf that requires us to slow down our steps!!!
Ignored
There are many ways to measure volatility, you can use the Bollinger Bands, or even simpler the indicator ATR, just attach this indicator on the daily chart EURCHF, you can add levels if you prefer and to control the historical volatility just check the previous values...
DislikedTaking into account that now the volatility is more than double the historical volatility and referring to our table I propose these two tables that take into account the volatility and I would like to have your opinion on which of the two tables seems more correct:
Ashes, Mackus, Pipsalot, Big1Red9, etc... and of course Spieler,I invite all of you to give your opinion!
thanks, Stake...
Ignored
Well, I could suggest you a number of sites of technical analysis, all more or less valid, but this is information that we already have or can have!
Said this, mataf.net is a very well done site that contains many useful tools...
Lenoxer, the two tables that I have posted are nothing more than an adjustment due to volatility, I just slowed down our steps toward a conservative approach due to the
unpredictable price hike!
as you can see the tables are two which differ with respect to outsourcing on pullback, this part is left to our discretionour that depend on our money management and on our own risk/reward ratio...
DislikedI do not trade this method but respect it. Out of respect to Spieler, any changes should come from discussion with him and his signing off on it. Having said that... I do not understand the concern with trading more. To me that provides a smoother equity profile. I would love for the market to be stuck at 1.5000 and 1.5010 with my profit target 10 pips. It would be like a pinball machine racking up points. You do need to have the cash.
BRIgnored
I'm just trying to give my contribution and I have already applied for approval by Mr. Spieler, also own Mr. spieler has repeatedly told to pay attention to the volatility and to delay the entries if it is very high...
regarding the availability of cash, I personally trade with a substantial balance, but not everyone has this option so I took the liberty to suggest a more conservative approach...
this was my intention, I hope not to have created confusion!!!
DislikedHi Mackus,
I'm not seeing some of your vol tables on your just previous posts. And, yes, thanks, I'm looking for the math basis of Stake's changing the table values---something, in short, that is standardizable. I don't doubt this is a good and warranted idea, Stake, I just want to know how you figured it.
Thanks,
LenoxerIgnored
DislikedOf course you are making money trading trading this system, and I am Santa Claus.Ignored
DislikedHi People,
Thanks very much for your replies, looks like we are all not 100% certain as to exactly how the calculation should be made.
Kipper 19, I have been trading the EURUSD-USDCHF hedge for some time now and I have never seen EURCHF move more than a few pips out of sinc with the hedge. When perfectly in sinc the price of EURUSD+USDCHF = Price of EURCHF. Most of the time the differance in this calculation is not more than +/- 1 pip so Fridays close was just normal price action for this triangle.
dragosd1, You may be correct in you thinking...Ignored