Hedging/averaging trades without prediction | Page 86 | 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

  • #1,701
  • Dec 15, 2022 5:53pm Dec 15, 2022 5:53pm
Quoting pipcenturion
Let me use this opportunity to again say a big thank you to SILENTFATHER who shared a very great trading method with us at completely no cost. Thank you so much sir. The first bullish H4 candle has been seen since the change in sentiment. Using my VAP method, you can buy at 1.2172 (kindly include space for spread). Thanks again sir.
Kindly pardon me for former post is a bit "shallow"
I have carefully checked where we had the SMS (shift in market structure) on the H4 chart (December 7, 2022).
I strongly feel that the untested VAP level at 1.21484 will be the best level to start buying GU.
Stop loss can be placed below the low at 1.2106
  • #1,702
  • Dec 15, 2022 6:13pm Dec 15, 2022 6:13pm
Sell GU at the current price 1.2197
Target the 1.21485 demand level
  • #1,703
  • Dec 15, 2022 8:34pm Dec 15, 2022 8:34pm
Quoting pipcenturion
Sell GU at the current price 1.2197 Target the 1.21485 demand level
I have cut this trade.
I will sell again at
Target 1.21485
  • #1,704
  • Dec 15, 2022 8:43pm Dec 15, 2022 8:43pm
Quoting pipcenturion
{quote} I have cut this trade. I will sell again at Target 1.21485
C'mon, do something wild. Hedge and average, up and down.
1.02^200
  • #1,705
  • Dec 15, 2022 8:51pm Dec 15, 2022 8:51pm
Quoting d5400
{quote} C'mon, do something wild. Hedge and average, up and down.
No, this is not good.
  • #1,706
  • Dec 15, 2022 8:53pm Dec 15, 2022 8:53pm
Quoting pipcenturion
{quote} I have cut this trade. I will sell again at Target 1.21485
That entry price should not be possible during Asian session. The range ought to be tight.
Let me delete the pending order.
  • #1,707
  • Dec 15, 2022 8:56pm Dec 15, 2022 8:56pm
Quoting pipcenturion
{quote} No, this is not good.
I agree, it's not always good.
1.02^200
  • #1,708
  • Dec 15, 2022 10:28pm Dec 15, 2022 10:28pm
There is a new sell set up for GU.
Selling at 1.2215
Target 1.2149
  • #1,709
  • Dec 19, 2022 3:41am Dec 19, 2022 3:41am
Quoting pipcenturion
There is a new sell set up for GU. Selling at 1.2215 Target 1.2149
Looks like.. Level Broken.. Should sit on a buy side after pullback, target till 1.23 level..
  • #1,710
  • Dec 19, 2022 4:07am Dec 19, 2022 4:07am
Quoting mdhanda
{quote} Looks like.. Level Broken.. Should sit on a buy side after pullback, target till 1.23 level..
The sell trade is already completed. Target was 1.2149
I noticed a rather large demand at 1.2009 price might want to go that low before we will see 1.23114
  • #1,711
  • Dec 19, 2022 5:42am Dec 19, 2022 5:42am
Quoting pipcenturion
{quote} The sell trade is already completed. Target was 1.2149 I noticed a rather large demand at 1.2009 price might want to go that low before we will see 1.23114
My bad.. saw your comment this morning and didn't paid attention to posted date..

Anyway.. bought GU @ 1.21850 Target: 1.23100
I'll hedge it @ 1.21780, if needed..
  • #1,712
  • Dec 19, 2022 9:16pm Dec 19, 2022 9:16pm
Not so random hedging + averaging.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
Leave the Gun, Take the Armani
  • #1,713
  • Dec 20, 2022 2:14am Dec 20, 2022 2:14am
Quoting pipcenturion
{quote} The sell trade is already completed. Target was 1.2149 I noticed a rather large demand at 1.2009 price might want to go that low before we will see 1.23114
Let's take note of this.
Buyers ought to be at 1.2009
  • #1,714
  • Dec 20, 2022 3:29am Dec 20, 2022 3:29am
Quoting pipcenturion
{quote} Let's take note of this. Buyers ought to be at 1.2009
I recommend waiting for confirmation before going long on this trade.
Let's watch the candle patterns that form on H1 time frame after price hits 1.2009
  • #1,715
  • Dec 21, 2022 8:51am Dec 21, 2022 8:51am
continued testing every day and still promising results.

for me averaging consists of two components: the averaging of price to get a better average price AND the averaging up or call it position elevation in the direction of profit.

all 3 tactics (hedging, averaging& a-up) help me out of a losing position.
trading is like dancing, don't think and just listen to the music!
  • #1,716
  • Dec 21, 2022 9:13am Dec 21, 2022 9:13am
Quoting birdland
continued testing every day and still promising results. for me averaging consists of two components: the averaging of price to get a better average price AND the averaging up or call it position elevation in the direction of profit. all 3 tactics (hedging, a
veraging& a-up) help me out of a losing position.
I've been super busy work, but will be posting my trades over the winter festival, thanks for keeping the thread going
  • #1,717
  • Dec 21, 2022 9:24am Dec 21, 2022 9:24am
My averaging for profit trades:

Gold from yesterday, DJ30 from this morning.
Both sessions without hedging, just averaging for profit.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD.jpg Size: 202 KB

Attached Image (click to enlarge)
Click to Enlarge Name: DJ30.jpg Size: 150 KB
  • #1,718
  • Dec 22, 2022 9:59am Dec 22, 2022 9:59am
TRADE 60...EU...SHORT @ 10601 no sl tp+2
  • #1,719
  • Dec 22, 2022 10:00am Dec 22, 2022 10:00am
Quoting Waveskierrob
TRADE 60...EU...SHORT @ 10601 no sl tp+2
EU tp hit +2
  • #1,720
  • Dec 22, 2022 10:01am Dec 22, 2022 10:01am
Quoting Waveskierrob
TRADE 60...EU...SHORT @ 10601 no sl tp+2
TRADE 60 .....+2 ...running total +858
0 traders viewing now