Hedge trading spieler system derived from futures spread trading | Page 89 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Hedge trading spieler system derived from futures spread trading
Exit Attachments

Hedge trading spieler system derived from futures spread trading

  • #1,761
  • Sep 22, 2008 5:11am Sep 22, 2008 5:11am
Quoting boeingdriver
Hi everyone,

so i am finished. i compiled these 115+ pages thread into a 20 pages word document including a table of contents...

So please all newbies, read this summary first...

Before you ask spieler questions.

he has been answering on many cases the same questions over and over... I know it is quite tough to read all the pages of this thread but now we have no more excuses.

I hope it will help spieler in teaching us his great system, and finally we might be able to focus on more important questions...

Enjoy and have a great trading day
BD
Great effort, thanks & appreciated.
  • #1,762
  • Edited 10:15am Sep 22, 2008 8:19am | Edited 10:15am
short at eurchf 1,6020, at about -0,28%

closed 1/2 at 1,5962

closed all at 1,5930
  • #1,763
  • Sep 22, 2008 8:56am Sep 22, 2008 8:56am
SHORT @ 1.6010 (E/U:1.4604 U/C:1.0963) +0.22%
Ratio used:1 x E/U :1.33 x U/C
  • #1,764
  • Sep 22, 2008 10:20am Sep 22, 2008 10:20am
Closed the SHORT @ 1.5942 -21%
U/C: 1.0878
E/U: 1.4655

Profit/Loss:
U/C: 1.0963 - 1.0878 = +85 pips
E/U: 1.4604 - 1.4655 = -51 pips

=====
Open LONG @ 1.5936 -0.25%
U/C: 1.0874
E/U: 1.4655
Ratio: U/C x 1 : E/U x 1.3
=====
  • #1,765
  • Sep 22, 2008 10:20am Sep 22, 2008 10:20am
Hello,

I've got a question concerning the trades you guys take per day. Sometimes the price oscillates about +/-40 pips around the 0 level. would you then take every opportunity to enter a trade?

Thank you in advance.

Regards
  • #1,766
  • Sep 22, 2008 11:36am Sep 22, 2008 11:36am
To enter/exit the trade you look at the %. When the % oscillates all day long from +25 to -25. Two times, ten times or hundred times you take the trades. That would be one long trail of profits with very low draw downs.
  • #1,767
  • Sep 22, 2008 12:30pm Sep 22, 2008 12:30pm
Second position added @ 1.5894 -50%
U/C: 1.0746
E/U: 1.4790
  • #1,768
  • Sep 22, 2008 5:41pm Sep 22, 2008 5:41pm
closed all my friday short positions, the only open position is the one short I took on thursday two hours before 0:00 candle close.

plus I've opened long 1,5900, 2nd at 1,5860

Regards
  • #1,769
  • Sep 22, 2008 5:51pm Sep 22, 2008 5:51pm
It seems counter productive to me to have a short and a long at the same time.

Quoting ashes
closed all my friday short positions, the only open position is the one short I took on thursday two hours before 0:00 candle close.

plus I've opened long 1,5900, 2nd at 1,5860

Regards
  • #1,770
  • Sep 22, 2008 7:43pm Sep 22, 2008 7:43pm
Closed all the positions in my short trade out. I was running my tweak on the money management which gave me 8 positions. Averaged 19 pips per position.

Quoting Big1red9
My multiple short positions average 1.5932.

BR
  • #1,771
  • Sep 22, 2008 8:06pm Sep 22, 2008 8:06pm
Quoting RickyRudy
It seems counter productive to me to have a short and a long at the same time.
rather a way to hedge the hedge

I've decided to take almost every trade offered ... except trades on some mondays and except trades close to 0:00 candle, especially those on thursday evenings.

Like this I'm assured that even if I've got a loser amongst my trades I won't lose. I would just not gain that much.

Regards
  • #1,772
  • Sep 22, 2008 9:45pm Sep 22, 2008 9:45pm
Closed 1 of my short positions, but still have 1 on. For the first time since I started trading this system my position wasn't profitable after moving the right direction .25%. Probably should have closed at the correct point anyway but couldn't understand what went wrong.
  • #1,773
  • Edited 10:32pm Sep 22, 2008 10:31pm | Edited 10:32pm
Did you trade USDCHF at about 1.5 X EURUSD?

Did you use the .25% for the day the position was traded....and not the current day?

BR

Quoting mackus
Closed 1 of my short positions, but still have 1 on. For the first time since I started trading this system my position wasn't profitable after moving the right direction .25%. Probably should have closed at the correct point anyway but couldn't understand what went wrong.
  • #1,774
  • Edited 4:50am Sep 23, 2008 1:59am | Edited 4:50am
closed yesterdays long 1,5943

opened 1st short for today at 1,5943
  • #1,775
  • Sep 23, 2008 2:35am Sep 23, 2008 2:35am
Quoting SwingMan
I hope now is better:
.

Perhaps this is a newbie question, but I have read scanned through the thread and I can't find the answer anywhere. I have some problems getting the EA to work properly.

1) Which chart and timeframe should I use?
2) Any indicator?

I set it up with the divergence indicator on EUR/CHF, but I got the following error messages

"Symbol name for marketinfo must be a string"
"Symbol name for ordersend function must be a string"

I don't know what is wrong, help would be very appreciated.
  • #1,776
  • Sep 23, 2008 5:22am Sep 23, 2008 5:22am
Anybody short today?
Regards
  • #1,777
  • Sep 23, 2008 5:37am Sep 23, 2008 5:37am
I've been short since Friday. Yesterday I closed most of my short lots for a profit. However, I'm still short on my original lot. It is currently +0.47% from Friday's original entry.

As I understand the system I should add another short lot if it hits +0.50%.

Quoting howard
Anybody short today?
  • #1,778
  • Sep 23, 2008 6:27am Sep 23, 2008 6:27am
Quoting RickyRudy
I've been short since Friday. Yesterday I closed most of my short lots for a profit. However, I'm still short on my original lot. It is currently +0.47% from Friday's original entry.

As I understand the system I should add another short lot if it hits +0.50%.
Hi RickyRudy,

you'd open the re-enter position on a 0,50% distance from the last exit point

Regards
  • #1,779
  • Sep 23, 2008 7:06am Sep 23, 2008 7:06am
I'm looking for 1.5967 to enter a 2nd short. My original one is at 1.5927 and since the close was 1.5901 it would be more than the requisite +.25% move for the day and still +.25% from my 1st entry.
  • #1,780
  • Sep 23, 2008 8:46am Sep 23, 2008 8:46am
I would really appreciate help with the issue posted some posts back.

Perhaps this is a newbie question, but I have read scanned through the thread and I can't find the answer anywhere. I have some problems getting the EA to work properly.

1) Which chart and timeframe should I use?
2) Any indicator?

I set it up with the divergence indicator on EUR/CHF, but I got the following error messages

"Symbol name for marketinfo must be a string"
"Symbol name for ordersend function must be a string"

I don't know what is wrong, help would be very appreciated.
0 traders viewing now