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Hedge trading spieler system derived from futures spread trading

  • #921
  • Aug 7, 2008 6:14am Aug 7, 2008 6:14am
Yes well, I spent my first night with my computer in my sleeping room... With alarms set to sound at certain level...

So, I understand you quite well when you say that there is maybe other fine things in life than sitting in front of a machine...

Well, for the rest part of my life I am not a money manager like you, but still I am sitting IN a fast moving machine in front of several screens too...

Well hope this baby goes back to the 0% level of yesterday...

Have a good day,
BD
  • #922
  • Aug 7, 2008 6:26am Aug 7, 2008 6:26am
Hi,

Is it possible to make this indicator work so you can see previous history and the indie just adjusts itself to the new position on the graph, - like the pivot point indicator - you can see the history for this, it would be good.

Thanks,
Vip

Quoting lietuve
Thanks, mr. Spieler, now I got the concept, it took 2 days, but sleeplessness makes me slow.

From yesterday I am in my first trade: short usd/chf @ 1.0602
short eur/usd @ 1.5406
If the trade comes back to old +.25% - I am out.

Lietuve
  • #923
  • Aug 7, 2008 6:33am Aug 7, 2008 6:33am
Yes i see what you mean avatar so obvious

I trained several boing and airbus pilots on trading years ago.


It lloks like last year with august low volatility correlation is very strong perhaps we will have to take a litttle bit less than 0.25% as a profit ?
W ll see
  • #924
  • Aug 7, 2008 7:55am Aug 7, 2008 7:55am
16310 i am close to exit the 1.5 pose remaining
  • #925
  • Aug 7, 2008 8:01am Aug 7, 2008 8:01am
163 out one more winner
  • #926
  • Aug 7, 2008 8:04am Aug 7, 2008 8:04am
Quoting spieler
163 out one more winner
Closed everything too
Now I see price is approaching -0.25% (about 1.6288) for today , a possible long entry ?
  • #927
  • Aug 7, 2008 8:22am Aug 7, 2008 8:22am
Quoting spieler

Why 1.469???
rules explained are not fixed 0.25% you have to be more conservative by taking into account the close of each day.
I know that difference is neglectable, i just found a way to calculate "more" accurate $ neutrality. If we are preparing ourselves to buy, this is:
((the sell price of eur/sud) * (lots eur/sud, usually 1 lot =1000)) / (sell price of usd/chf). right now it is ~ 1462. A random past day, during 11 july close it was ~ 1562. may be during june it was ~16XX, exactly how You played it then 1:1.6

Yes, my example was with this fixed % because I plan to try it on accounts with accumulation, I mean my broker do not alow this lovely legs that You are playing with on MT4 Whatever math I do, I can not understand how this will behave, though I have some insights

I'm going to demo this and post results if it is OK

and just sow eur/chf is making moves, stay tuned
  • #928
  • Aug 7, 2008 8:30am Aug 7, 2008 8:30am
It's a two legs winner !

BBF
Attached Image (click to enlarge)
Click to Enlarge Name: Chart04 Aug. 07 15.28.jpg Size: 40 KB
BigBlackfeet Always on the(forex) war path !
  • #929
  • Aug 7, 2008 8:38am Aug 7, 2008 8:38am
i would wait a little bit more to go long today like 16280
we are at 162.94 but remains a possible entry.

I was exhausted with this long position so am not in a hurry to get in the arena again
  • #930
  • Aug 7, 2008 8:41am Aug 7, 2008 8:41am
Quoting spieler
i would wait a little bit more to go long today like 16280
we are at 162.94 but remains a possible entry.

I was exhausted with this long position so am not in a hurry to get in the arena again
I agree with you Spieler, maybe is better to way a little bit to rest our mind from last trades
  • #931
  • Aug 7, 2008 8:51am Aug 7, 2008 8:51am
blackfeet
2legs winners are my favorites
clap clap
  • #932
  • Aug 7, 2008 9:34am Aug 7, 2008 9:34am
spieler-

OK, I have incorporated the new entry/ exit rules you have given for coping with big trend. So, ignoring for the moment the rule about taking into account the previous days close, now positions should be managed roughly like this:

1st Entry @ +/- 0.25% Exit on +/- 0.25 pull back. Re-enter +/- 0.50 from entry price
2nd Entry @ +/- 0.50% Exit on +/- 0.25 pull back. Re-enter +/- 0.50 from entry price
3rd Entry @ +/- 0.75% Exit on +/- 0.25 pull back. Re-enter +/- 0.50 from entry price
4th Entry @ +/- 1.25% Exit on +/- 0.25 pull back. Re-enter +/- 0.50 from entry price
If no pull back by now
5th Entry @ +/- 2.25% Exit on 0.50% pull back. Re-enter +/-1.0% from entry price
6th Entry @ +/- 3.75% Exit this entry and 5th Entry at average entry price of both +0.25%
7th Entry @ +/- 5.75% Exit on +/- 1.0% pull back. Re-enter +/- 2.0% from entry price

I hope I have got that right?

Please confirm this is correct or make any corrections needed. Thanks
  • #933
  • Aug 7, 2008 9:37am Aug 7, 2008 9:37am
well

i have been out this afternoon, enjoying the nice things of life, and I missed my exit!

so i bet, i just have to wait for another down to 1.6296 so i can exit the trade.

Are you waiting 1.6280 to go long because of the strong push we had today?

BD
  • #934
  • Aug 7, 2008 9:48am Aug 7, 2008 9:48am
Well I just closed both position at 1,9298 just a little bit above my target at 1,9296... For a nice little profit, thanks spieler!
  • #935
  • Aug 7, 2008 10:02am Aug 7, 2008 10:02am
Thanks yourself you are the trader not me
  • #936
  • Aug 7, 2008 11:11am Aug 7, 2008 11:11am
FWIW I will buy hedge at 1.6282. Spieler, I like your method. I have 4W and no L so far. Pippo
Vincit qui se vincit.
  • #937
  • Aug 7, 2008 11:15am Aug 7, 2008 11:15am
Well Pipo I am with you at 1.6285...
  • #938
  • Aug 7, 2008 11:20am Aug 7, 2008 11:20am
Allons y !!!
Vincit qui se vincit.
  • #939
  • Aug 7, 2008 11:25am Aug 7, 2008 11:25am
Tout à fait Monsieur!
  • #940
  • Aug 7, 2008 11:30am Aug 7, 2008 11:30am
Quoting fewhills
I suppose you mean when eur/chf goes from old +.25% to old .00%?
I meant what I said, and I did what I said, look at me now - ready to bite off that trigger happy finger.
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