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Attachments: 1% for each 1 pip (Trading Volatile pairs only)
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1% for each 1 pip (Trading Volatile pairs only)

  • #61
  • Feb 22, 2018 10:24am Feb 22, 2018 10:24am
Quoting master-mind
again with the second recommend. Eurcad again with 0.5%/pips === target 200 pips = 100% now 1.5680---sell stop, 50 points (25% loss)
now--40 pips = 20%
20% of old 100% profit = 140% not 120% as a total
Forex Philosopher
  • #62
  • Edited 2:39pm Feb 22, 2018 2:26pm | Edited 2:39pm
We may apply here theory of double-hedge of open position

assume first position attain 100%=100 pips
instead of direct closing, hedge position and add another hedge with the same lot amount
then make stop after 100 pips!!
you may lose original profit, but also you may augment profits, if hedge takes place in correct price with correct time
Forex Philosopher
  • #63
  • Feb 23, 2018 5:06am Feb 23, 2018 5:06am
Quoting Master-Mind
We may apply here theory of double-hedge of open position assume first position attain 100%=100 pips instead of direct closing, hedge position and add another hedge with the same lot amount then make stop after 100 pips!! you may lose original profit, but also you may augment profits, if hedge takes place in correct price with correct time
Well done on that trade Master-Mind!
  • #64
  • Feb 23, 2018 7:49am Feb 23, 2018 7:49am
Hi Master-Mind, I hedged the EURCAD position at a win of 110 pips. What do you recommend, also over the weekend?
  • #65
  • Feb 24, 2018 4:53am Feb 24, 2018 4:53am
Quoting zezuzaza
It depends. Not everytime the strategy is work. Technically speaking is what we see. The market is something we cant see. Thr market is never wrong. It is not easy illustrate from paper to reality. I have been traded GBPJPY and it is so volatile. The other currencies those you suggest were slow in action. Getting 100 pips every single trade is amazing but the reality is when fundamentally and sentimentally took over the technical. If we rely on technically speaking, yes. Like i said, It depend. Market is depend on situation and timing. Forget the...
it must end successful each time. otherwise leave the market.

as you see two subsequent succeful trials.
first one succeeded even the pair did not drop 100 pips. we behave in different and smart way.
Forex Philosopher
  • #66
  • Feb 24, 2018 4:57am Feb 24, 2018 4:57am
Quoting Traffex
Hi Master-Mind, I hedged the EURCAD position at a win of 110 pips. What do you recommend, also over the weekend?
Good. the procedures are lnown and explained !
1) for original put TP=0.00000 ---- SL=0.00000
2) for the HEDGE put TP=1.56666 ---- SL=0.00000
3) wait
Quoting jmtini
{quote} Well done on that trade Master-Mind!
you are welcome
Forex Philosopher
  • #67
  • Feb 24, 2018 4:59am Feb 24, 2018 4:59am
Quote
It depend. Market is depend on situation and timing. Forget the technically because market is something we cant see. How many pips or profit do you get is enough. The remaining pips is not meant for us but for others.
we do not depend on technical only. and we say timing and pricing are the most important points.
any way ur post is appreciated
Forex Philosopher
  • #68
  • Feb 24, 2018 5:10am Feb 24, 2018 5:10am
Quoting Master-Mind
Again with the second Recommend. EURCAD AGAIN WITH 0.5%/PIPS === TARGET 200 PIPS = 100% NOW 1.5680---SELL STOP, 50 POINTS (25% LOSS)
now +145 pips
Hedge "FULL not DOUBLE" at 1.5530. (150 PIPS = 75% PROFIT) -- HERE 0.5%/PIPS
cAncel any SL or TP.
Forex Philosopher
  • #69
  • Feb 24, 2018 5:46am Feb 24, 2018 5:46am
Quoting Master-Mind
{quote} Good. the procedures are lnown and explained ! 1) for original put TP=0.00000 ---- SL=0.00000 2) for the HEDGE put TP=1.56666 ---- SL=0.00000 3) wait {quote} you are welcome
Thank you. I was low on time so far to study the thread completely, I'll do that today/tomorrow.

I forgot to say that my entry was a little late at 1.5665
  • #70
  • Feb 24, 2018 6:08am Feb 24, 2018 6:08am
Quoting Traffex
{quote} Thank you. I was low on time so far to study the thread completely, I'll do that today/tomorrow. I forgot to say that my entry was a little late at 1.5665
Good Entry
Forex Philosopher
  • #71
  • Feb 24, 2018 7:57am Feb 24, 2018 7:57am
Quoting Master-Mind
{quote} Good Entry

I have to agree. 1.5400 looks like the target on the 4 hr chart
  • #72
  • Feb 24, 2018 8:00am Feb 24, 2018 8:00am
Quoting jmtini
{quote} I have to agree. 1.5400 looks like the target on the 4 hr chart
ok, we cancel previous hedge and put it at 1.5425 instead 1,5530
in this case we use DOUBLE HEDGE instead of FULL HEDGE
do not all forget the rule in this case. since it earned more thab 50 pips we put SL on entry point

thx
Forex Philosopher
  • #73
  • Feb 24, 2018 8:29am Feb 24, 2018 8:29am
Quoting Master-Mind
{quote} ok, we cancel previous hedge and put it at 1.5425 instead 1,5530 in this case we use DOUBLE HEDGE instead of FULL HEDGE do not all forget the rule in this case. since it earned more thab 50 pips we put SL on entry point thx

Sorry when you say "hedge" are you talking about setting a buy limit trade at 15425? Perhaps I must read your thread properly!
  • #74
  • Feb 24, 2018 8:44am Feb 24, 2018 8:44am
Quoting jmtini
{quote} Sorry when you say "hedge" are you talking about setting a buy limit trade at 15425? Perhaps I must read your thread properly!
exactly
ordrer type against the original

assume original 1 lot sel, then

FULL HEDGE: BUY 1 LOT
DOUBLE HEDGE: BUY 2 LOT
Forex Philosopher
  • #75
  • Feb 25, 2018 12:30am Feb 25, 2018 12:30am
if you win 100% then win 100%, what is the accumulative percentage??
200% or 300% ??

Ans: 300%

ASSUME your initial balance was 1000 USD.
after first 100% -- it becomes 2000 USD
after second 100% -- it becomes 4000 USD.

4000 - initial deposit = 3000 USD -net profit
which is 300% of initial capital.
Forex Philosopher
  • #76
  • Feb 25, 2018 12:38am Feb 25, 2018 12:38am
so until this moment,
profit = 100% (first)
+
145 pips = 145/2 % = 72.5% (second)

Therefore:
ACCU % = 2*1.725 - 1 = 245% (not 172.5%)
Forex Philosopher
  • #77
  • Feb 25, 2018 9:46am Feb 25, 2018 9:46am
great work you are doing once again master-mind
  • #78
  • Feb 25, 2018 4:28pm Feb 25, 2018 4:28pm
Quoting Master-Mind
{quote} Good Entry
Hedge TP = 1.56666 , TP Original and both SL's = 0
  • #79
  • Feb 26, 2018 3:11am Feb 26, 2018 3:11am
Quoting Traffex
{quote} Hedge TP = 1.56666 , TP Original and both SL's = 0
GOOD
HEDGE-NO REAL POSITIONS
200 PIPS = 100% @ 1.5480 !!! But like first one we may get 200 pips earlier
.TRY IN YOUR WAY TO GET OUR holy: 200 PIPS = 100%

Also, Now we Hedge @ 1.6565 (+120 pips) -- TP = 1.25615
Forex Philosopher
  • #80
  • Feb 26, 2018 5:17am Feb 26, 2018 5:17am
Quoting Master-Mind
{quote} GOOD HEDGE-NO REAL POSITIONS 200 PIPS = 100% @ 1.5480 !!! But like first one we may get 200 pips earlier .TRY IN YOUR WAY TO GET OUR holy: 200 PIPS = 100% Also, Now we Hedge @ 1.6565 (+120 pips) -- TP = 1.25615
My only criticism Master Mind is that you concentrating on the demon that is EURCAD! I gave up with the pair some time ago. What about EURNZD rather?
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