Hedging/averaging trades without prediction | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Mathematical hedging strategy without a stop loss 22 replies

'Averaging Down Is for Losers' - valid or not? 27 replies

Fast Averaging versus Slow Averaging 1 reply

Averaging 7 replies

Martigale and Averaging Down 4 replies

Attachments: Hedging/averaging trades without prediction
Exit Attachments

Hedging/averaging trades without prediction

  • #61
  • Oct 17, 2022 1:26am Oct 17, 2022 1:26am
Quoting Strykes
... Alternatively this direct hedge does sound pretty intriguing after seeing some examples in this thread. I might consider using your method instead. Looking forward to more examples of trades! (btw, image I just got off the Internet, not mine) {image}
When equity and time are against you, you need to resolve the error (close deficit positions) and capitalize on the right one.
Mostly also close (part of) the positive trades.
  • #62
  • Oct 17, 2022 2:20am Oct 17, 2022 2:20am
TRADE 1 ...08:20....GU... B and S 1.11255 no sl +2 tp
  • #63
  • Oct 17, 2022 2:22am Oct 17, 2022 2:22am
Quoting Waveskierrob
TRADE 1 ...08:20....GU... B and S 1.11255 no sl +2 tp
...SHORT tp hit +2...
  • #64
  • Oct 17, 2022 2:26am Oct 17, 2022 2:26am
Quoting Waveskierrob
{quote} ...SHORT tp hit +2...
LONG to hit +2
  • #65
  • Oct 17, 2022 2:27am Oct 17, 2022 2:27am
Quoting Waveskierrob
TRADE 1 ...08:20....GU... B and S 1.11255 no sl +2 tp
TRADE 1 total +4
  • #66
  • Oct 17, 2022 2:30am Oct 17, 2022 2:30am
08:30 ...GU....LONG and SHORT @ 11254 no sl tp +2
  • #67
  • Oct 17, 2022 2:31am Oct 17, 2022 2:31am
Quoting Waveskierrob
08:30 ...GU....LONG and SHORT @ 11254 no sl tp +2
LONG tp hit +2
  • #68
  • Oct 17, 2022 2:31am Oct 17, 2022 2:31am
Quoting Waveskierrob
{quote} TRADE 1 total +4
You might have a couple of typos in your prices.
  • #69
  • Oct 17, 2022 2:33am Oct 17, 2022 2:33am
Quoting Waveskierrob
{quote} LONG tp hit +2
SHORT tp hit +2
  • #70
  • Oct 17, 2022 2:34am Oct 17, 2022 2:34am
Quoting dantpm
{quote} You might have a couple of typos in your prices.
yea just got up but people will know what I mean and I have edited thanks for letting me know
  • #71
  • Oct 17, 2022 2:35am Oct 17, 2022 2:35am
Quoting Waveskierrob
08:30 ...GU....LONG and SHORT @ 11254 no sl tp +2
TRADE 2 total +4
  • #72
  • Oct 17, 2022 2:37am Oct 17, 2022 2:37am
Ok within 10 mins I've made +8 pips no fuss no drama but when it goes one sided the work will start
  • #73
  • Oct 17, 2022 2:40am Oct 17, 2022 2:40am
OK this time I flipped a coin TAILS=SHORT

TRADE 3...SHORT GU 11263 no +2 tp
  • #74
  • Oct 17, 2022 2:49am Oct 17, 2022 2:49am
Will do a summary at the end of why I did what I did on each trade
  • #75
  • Oct 17, 2022 2:52am Oct 17, 2022 2:52am
Quoting Waveskierrob
OK this time I flipped a coin TAILS=SHORT TRADE 3...SHORT GU 11263 no +2 tp
SHORT tp hit +2
  • #76
  • Oct 17, 2022 2:59am Oct 17, 2022 2:59am
TRADE 1 and 2, went LONG and SHORT waited 5 mins and both tp's were hit, if only one of the tp's was hit I would have put the same trade on the one that was hit and then waited another 5 mins.

TRADE 3 went SHORT was preparing to go SHORT again no sl no tp 20 pipis away from original SHORT and would have also place LONG no sl +2 tp, but it did go in my favour and hit original tp
  • #77
  • Oct 17, 2022 3:04am Oct 17, 2022 3:04am
OK that was +10 in under an hour fortunately it all went my way, spent a lot of that time posting .......now times that by 10 different pairs and indices and you'll get to see a steady drip fills the pot ...it's easier to make 100 x 1 pip trades than 1 x 100 pip trade, not saying i'm right just something to think about.
  • #78
  • Oct 17, 2022 3:08am Oct 17, 2022 3:08am
Quoting Waveskierrob
TRADE 1 and 2, went LONG and SHORT waited 5 mins and both tp's were hit, if only one of the tp's was hit I would have put the same trade on the one that was hit and then waited another 5 mins. TRADE 3 went SHORT was preparing to go SHORT again no sl no tp 20 pipis away from original SHORT and would have also place LONG no sl +2 tp, but it did go in my favour and hit original tp
Just a question for understand.
Do you pay spread or commission?
In my case in GU I pay about 1 pip for buy and 1 pip for sell.
With 2 pips of TP my earn is 0.
thank you for the answer
bye
  • #79
  • Oct 17, 2022 3:21am Oct 17, 2022 3:21am
Quoting 19monza64
{quote} Just a question for understand. Do you pay spread or commission? In my case in GU I pay about 1 pip for buy and 1 pip for sell. With 2 pips of TP my earn is 0. thank you for the answer bye
Good question I know different countries/brokers have different rates +2 pips is not set in stone it's just for demo purposes, what I should say and thanks for pointing it out +2 pips net after the spread, I pay about 0.8 spread on GU I can't post exact price would take too long, this is general but shows you the basic idea and how I trade
  • #80
  • Oct 17, 2022 3:25am Oct 17, 2022 3:25am
Ok this time someone else shout LONG or SHORT
6 traders viewing now