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Hedge trading spieler system derived from futures spread trading

  • #201
  • Jul 15, 2008 3:18am Jul 15, 2008 3:18am
Tip : when it trends so fast safer to wait a little bit more than 0.50
0.55/0.60 should be ok i think
  • #202
  • Jul 15, 2008 3:21am Jul 15, 2008 3:21am
+ unusual situation with eur/usd close to higher high ever so big resistance
  • #203
  • Jul 15, 2008 3:24am Jul 15, 2008 3:24am
Quoting Cornelius
Of course!

I must specify, that I have enabled the EA, I've checked also the "Allow live trading" option.
C,

rely on your own ability to enter/exit/manage trades - it's a big psychological step but over time it gives you great confidence when you're able to pull the trigger yourself instead of letting an EA do the work.

regards
daytrading
Enter Signature
  • #204
  • Jul 15, 2008 3:24am Jul 15, 2008 3:24am
Quoting daytrading
live:

@ -0.25% on EUR/CHF (1.6122)

long EUR/USD @ 1.5964
long USD/CHF @ 1.0102 (X 1.6)

regards
daytrading
hi..just a stupid question...
If EUR/CHF goes down, it means EUR become weaker than CHF....why you decide to buy EUR and sell CHF??
  • #205
  • Edited 3:35am Jul 15, 2008 3:26am | Edited 3:35am
Hi...


Just for the exercise...as I got in with ECH @ -0.31 I wont take another till -0.56
  • #206
  • Jul 15, 2008 3:36am Jul 15, 2008 3:36am
Quoting Andrie
hi..just a stupid question...
If EUR/CHF goes down, it means EUR become weaker than CHF....why you decide to buy EUR and sell CHF??
Andrie,

EUR/CHF is a "product" of the two majors EUR/USD and USD/CHF.

We are looking at the divergence on EUR/CHF as a gauge to either buy or sell the spread between the majors. (and when you do that you create a almost dollar neutral position - one pair is long $, the other is short)

regards
daytrading
Enter Signature
  • #207
  • Jul 15, 2008 3:37am Jul 15, 2008 3:37am
Quoting Andrie
hi..just a stupid question...
If EUR/CHF goes down, it means EUR become weaker than CHF....why you decide to buy EUR and sell CHF??
Buy low, sell high...
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #208
  • Jul 15, 2008 3:38am Jul 15, 2008 3:38am
Quoting daytrading
live:

@ -0.25% on EUR/CHF (1.6122)

long EUR/USD @ 1.5964
long USD/CHF @ 1.0102 (X 1.6)

regards
daytrading
Took the same trades
I also added two more long since divergence hit -0.50%, waiting to go up (hope).
  • #209
  • Edited 3:46am Jul 15, 2008 3:41am | Edited 3:46am
Quoting spieler
+ unusual situation with eur/usd close to higher high ever so big resistance
Spieler,

have you increased size yet, or are you waiting for EUR numbers in 20 minutes?

regards
daytrading
Enter Signature
  • #210
  • Jul 15, 2008 3:43am Jul 15, 2008 3:43am
Another kind of stupid question: how do we calculate the ratio between position sizes (which, according to spieler, is now 1.5)?
  • #211
  • Jul 15, 2008 3:43am Jul 15, 2008 3:43am
Quoting daytrading
C,

rely on your own ability to enter/exit/manage trades - it's a big psychological step but over time it gives you great confidence when you're able to pull the trigger yourself instead of letting an EA do the work.

regards
daytrading

Thanks for your input. But, the problem isn't me! It's not because I'm not confident in myself, it's just because I don't want to be glued by the monitor all the time.
I have another strategy based on pending orders and I'm used to it!
I think I'll have to thank myself with the audio signals.

For Swing Man: The EA gives an audio signal, for every tick bellow/above the numerical indications. It would be better to have an option to stop this alert, and enable it at the next numerical indications. In our case, at -0.5% for buying, 0.5% for selling and so on. Thank you!
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #212
  • Jul 15, 2008 3:46am Jul 15, 2008 3:46am
i dont care abour news for this strategy
I had a bad luck eur/chf was -0.54% and i was waiting -0.55 to enter 1 more lot.
Suddently i get a power micro cut ( murphy s again) on one laptop which as no battery and graphs on it.
At this moment i was down 4.4K$
i am pretty sure we hitted -0.55%
i am back now and only loosing 2.4K meaning that with the second lot i will have been good.
  • #213
  • Jul 15, 2008 3:48am Jul 15, 2008 3:48am
Quoting Cornelius
Buy low, sell high...
Cornelius,
thanks ..but What im trying to understand is how do you know which pair is already low and which pair is already high..i mean it is because the number -0.25 we got from EUR/CHF? why downt we see it as a sign of weaker eur..so we sell eur/usd and sell usd/chf? or the number has special meaning?
  • #214
  • Jul 15, 2008 3:53am Jul 15, 2008 3:53am
Quoting pipsalot
Another kind of stupid question: how do we calculate the ratio between position sizes (which, according to spieler, is now 1.5)?
The ratio is now around 1.6, if you look at EURCHF it is now standing at 1.6102 and you get the ratio from there.
Regards
  • #215
  • Jul 15, 2008 3:53am Jul 15, 2008 3:53am
central idea is correlation/decorrelation.

Strong inversed correlation on this 2 pairs so when you are -0.25% that means decorrelation so our idea is that it is going to go back to zero because they are inversed correlated
add some strong mm and you got the whole thing
  • #216
  • Jul 15, 2008 3:56am Jul 15, 2008 3:56am
Quoting howard
The ratio is now around 1.6, if you look at EURCHF it is now standing at 1.6102 and you get the ratio from there.
Thanks Howard! And thanks Spieler for sharing this great strategy with us! By the way, do you speak French?
  • #217
  • Jul 15, 2008 3:59am Jul 15, 2008 3:59am
i speak perfectly french
  • #218
  • Jul 15, 2008 4:00am Jul 15, 2008 4:00am
-0.55% was a good entry point somebody get in?
not lucky on that one now waiting recorrelation with a usd/chf rally
  • #219
  • Jul 15, 2008 4:04am Jul 15, 2008 4:04am
Quoting spieler
i dont care abour news for this strategy
I had a bad luck eur/chf was -0.54% and i was waiting -0.55 to enter 1 more lot.
Suddently i get a power micro cut ( murphy s again) on one laptop which as no battery and graphs on it.
At this moment i was down 4.4K$
i am pretty sure we hitted -0.55%
i am back now and only loosing 2.4K meaning that with the second lot i will have been good.
Spieler,

we did not hit -0.55% (missed by 2 ticks) ... not sure whether in your terms it would have been close enough to increase the pos.

regards
daytrading
Enter Signature
  • #220
  • Jul 15, 2008 4:04am Jul 15, 2008 4:04am
Quoting spieler
-0.55% was a good entry point somebody get in?
not lucky on that one now waiting recorrelation with a usd/chf rally
yes I enter a little bit early at -0.50% but still slight negative in the overal result (actual -0.43% in my platform)
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