I am invencible

A trading system that contains drawdown to a finite figure until it pulls itself to profit....

A system that guarantees wins without blowing the account....

In a nutshell, a risk free method of trading.


Does it exist? I suppose hedging with CME futures might be useful, but unfortunately I don't have all the knowledge about everything in forex (YET lol)

Anyhow, this thread is dedicated to discussion about a "perfect" system, even if it is only in the minds of a few of us.

good luck, tdion,
i still thinking of using the + swap to discount my loss, it is small thing that counts.

Really Gwan? What pairs? JPY crosses? CHF crosses?

I have done extensive research with correlation trading, and haven't been able to crack that nut yet.

Please let us know if you find out anything useful. I can give some correlation spreadsheets in exchange for useful information.

Regards.

mostly in yen, (usd/jpy. gbp/jpy,) sometimes gbp chf

since i use metatrader, profit and swap is rounded up into nearest cent.
(i count the swap my broker give by cent, and search the optimum pip i get by tweaking that rounding up thingie)
the broker is IBFX, mini account, and in usd jpy with 1.13 swap the 0.03 size is used , in gbp/jpy with 2.75 swap i use 0.02 lot size (mini) it gives 1 free pip advantage per week, should i need bigger one, i just put it few more times

the negative side : when interest rate change, got to adjust every piece of em.

as for correlation i don't correlate many pair in the basket, but i do prefer usd/jpy since it goes almost like eur/gbp, they both already correlated in pair.

ps: i mostly trade short time (1-2 days) for every day i pass, i try to get 0.01% recovery(from equity)

in usd/jpy naturally we can get about 2%(few first day)-10% recovery from draw down if we just let the loss run (in steady against the trend scenario). (and in gbp/jpy, adjust it with buy dip) (it is still loss, but only about 90% now, and expect a 110% when profit)
so i guess the swap will help you 20% in the long run

ps : hoping to use the swap to cover the loss is not that good but it will always help, more reliable than the trend it self i guess


eg: we put buy 124.12 usd/jpy on 22 june 2007
and sell at 112.60 on 9 october 2007
79 day live span with 1152 pip loss
if swap on that day is $1.35 per 1 mini lot(before the fed cut, no?) (and 1 pip is about $0.85)
so the swap is = about 1.5 pip a day = 118.5 pip recovery after 79 day

118.5 is about 10% from 1152

Forgive me...I appreciate the mental permutations of your efforts...but it's much easier than what you're attempting to extrapolate...PRICE finds its own unique equilibrium level and determining that is relatively simple...IF you put in the study required to perceive it as an obvious factoid. For example: at the the time of this writing, the usdcad is priced at .9328. I just bot it and will sell / close my position it at .9423. Yesterday, I sold the Gbpusd at 2.0883 and will close my positive at 2.0733. This may take a few days. But this where price will seek to stabilize before both fundamentally and technically re-pricing in their ensuant fair market values. Best wishes to you though. Who knows, maybe both Market and Price Action Dynamics will sway its entrenched / historical and statistical head toward something you're perceiving that's way out of everyone else's market cognitive abilities and fear / greed tolerances.

Perfect systems do exist and I already use one, most of the people who know me also know why.

Even on maximum volatility pairs like GJ the price goes up meets the target closes the trade and retraces as if it never went there.

Sometimes I end up calling it a holy grail method because 98% of the times my targets are met with high precision.

Its nothing to do with fx trading systems or methods or indicators it is pure maths, mental calculation that is. So it becomes almost impossible to explain it to another person, I tried but did not work.