http://www.forexfactory.com/showthread.php?t=34961
i wonder why would one want to go long and short and PAY the spread just to stay "hedged". Your net exposure will be zero but u pay spread twice.
now, my approach to the strategy is NOT to be hedged but to use limit orders at each side of the range
QuoteDislikedThe most effective way to capitalize on currencies pairs that are trapped in tight ranges is through the use of hedging. The hedging feature is currently available on all accounts using FXCM?s No Dealing Desk service. For more information on FXCM hedging strategies please visit http://www.fxcm.com/hedging.jsp
The EURGBP is our primary target for hedging in the week ahead, with clear range-bound trade and concrete support and resistance levels. To hedge, go both long and short at the market if price stays within the above Hedging Zone. Take profits at R1 for longs and at S1 for shorts, covering losses above R2 or below S2.
i wonder why would one want to go long and short and PAY the spread just to stay "hedged". Your net exposure will be zero but u pay spread twice.
now, my approach to the strategy is NOT to be hedged but to use limit orders at each side of the range
100% of traders are losers. Just that some win more than they lose!
