Looking for Eur/Usd Usd/chf hedge system | Forex Factory

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Looking for Eur/Usd Usd/chf hedge system

  • #1
  • First Post: Sep 7, 2007 8:06pm Sep 7, 2007 8:06pm
I have been wanting to get into hedge trading with the above pair for a long time. I have heard it is possible if you have your meta platform set up in the correct manner so entry for these pairs is at an optimum setting for best chance of a profitable trade.

I know there are a few software programs out in the market that will do this...lol...but I am a cheap skate and am looking for some free advice and set up tips for my platform so that I can attempt to trade the above pair in some kind of daily hedge system.

Cheers, any help would be appreciated.
  • #2
  • Sep 7, 2007 8:52pm Sep 7, 2007 8:52pm
Maybe you can do something like this .. slow paced trading and gets the profits.

regards.
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  • #3
  • Sep 7, 2007 8:54pm Sep 7, 2007 8:54pm
That's helpful, thanks.

Quoting thinker
Maybe you can do something like this .. slow paced trading and gets the profits.

regards.
  • #4
  • Sep 8, 2007 1:56am Sep 8, 2007 1:56am
Quoting thinker
Maybe you can do something like this .. slow paced trading and gets the profits.
Hi thinker, mind explaining it a bit more, all I can see is that you buy both, I presume at the same time and wait for a overall profit to show.
  • #5
  • Sep 8, 2007 8:15am Sep 8, 2007 8:15am
Quoting Fx1618
Hi thinker, mind explaining it a bit more, all I can see is that you buy both, I presume at the same time and wait for a overall profit to show.
Yes, you are right. Buy all and wait - simple. Meanwhile you can also add sevaral tweaks - to add more, take profits etc.

And oh .. don't forget the risk management - define your uncle point based on trade size. I use a -10% equity stop, automated and hassle free.

regards.
  • #6
  • Edited 10:24am Sep 8, 2007 9:03am | Edited 10:24am
You're simply buying equal lots of eurusd, usdchf, and eurchf and waiting? Some dates have entry groups larger than 3, is that where you've added positions? If so, how do you determine when to add? When are you taking profit? Do you do this with an EA or manually? Can you post a satement showing closed and open trades? This statement just shows closed times, can you post a complete statement showing open times as well?

Quoting thinker
Yes, you are right. Buy all and wait - simple. Meanwhile you can also add sevaral tweaks - to add more, take profits etc.

And oh .. don't forget the risk management - define your uncle point based on trade size. I use a -10% equity stop, automated and hassle free.

regards.
  • #7
  • Sep 8, 2007 10:41am Sep 8, 2007 10:41am
Just go long on both pairs. When USD/CHF buys come into play load up a lil heaver on the USD/CHF as a means of collecting positive swap on the long term. I personnally look for price crossovers on a layered chart when making a play like this. Considering the fact that during huge market unwinds things can get scarey. So hedge the hedge and when it becomes manditory to play a cover or cut the euro trade buy a Call option on USD/EUR. That being said just hold onto your knickers and close out the set of trades every 3 to 6 weeks.
  • #8
  • Sep 8, 2007 10:46am Sep 8, 2007 10:46am
Guys, buying eur/usd and usd/chf only works as long as eur/chf is in an uptrend. When carry trades are unwinded or xxx/chf crosses fall, this system loses. Also watch the pip values. I believe this system has been extensively covered in several threads.
Always wait for the opportune moment… just be careful not to miss it.
  • #9
  • Sep 8, 2007 11:28am Sep 8, 2007 11:28am
But he's also buying eurchf. I'm not sure of the effect of that on the standard eurusd and usdchf hedge.

Quoting jatotek
Just go long on both pairs. When USD/CHF buys come into play load up a lil heaver on the USD/CHF as a means of collecting positive swap on the long term. I personnally look for price crossovers on a layered chart when making a play like this. Considering the fact that during huge market unwinds things can get scarey. So hedge the hedge and when it becomes manditory to play a cover or cut the euro trade buy a Call option on USD/EUR. That being said just hold onto your knickers and close out the set of trades every 3 to 6 weeks.
  • #10
  • Sep 8, 2007 1:11pm Sep 8, 2007 1:11pm
Quoting fxvision
Guys, buying eur/usd and usd/chf only works as long as eur/chf is in an uptrend. When carry trades are unwinded or xxx/chf crosses fall, this system loses. Also watch the pip values. I believe this system has been extensively covered in several threads.


Ah FXV got to them first

I was about to go "uhm" myself.

Folks, if I may give any advice at all - stop hedging, start trading

Trying to find a hedge system imho is simply an expression of fear and desperation due to having seemingly exhausted "normal" trading alternatives. There's stuff that works without being this complicated.

Just my 2 cents.
Trust price. Know yourself.
  • #11
  • Sep 8, 2007 1:22pm Sep 8, 2007 1:22pm
LOL -- hedging is just another tool in the arsenal. Thanks for trying to "save" us.

Quoting SeekingLight
Ah FXV got to them first

I was about to go "uhm" myself.

Folks, if I may give any advice at all - stop hedging, start trading

Trying to find a hedge system imho is simply an expression of fear and desperation due to having seemingly exhausted "normal" trading alternatives. There's stuff that works without being this complicated.

Just my 2 cents.
  • #12
  • Sep 8, 2007 9:25pm Sep 8, 2007 9:25pm
Quoting BenQ
LOL -- hedging is just another tool in the arsenal. Thanks for trying to "save" us.
Right. The idea is to diversify using a army of algorithms. And if Risk management is strictly imbibed in all systems - there is nothing to fear.

Because of the eur/chf=eur/usd * usd/chf relation there is a lot we can do with it if we think outside the box. This is a fast paced strategy using the same pairs using trend and hedge concept.
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  • #13
  • Last Post: Mar 25, 2008 8:46pm Mar 25, 2008 8:46pm
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