Hedge trading spieler system derived from futures spread trading | Page 49 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Volume for indices, tick and the exchange derived volume 4 replies

Are quotes for minor pairs real or just derived from majors? 0 replies

Oanda spread versus MB Trading spread 27 replies

HOW TO PLOT derived cross 0 replies

Derived Currency Strength Indicator from multiple pairs 0 replies

Attachments: Hedge trading spieler system derived from futures spread trading
Exit Attachments

Hedge trading spieler system derived from futures spread trading

  • #961
  • Aug 8, 2008 5:09am Aug 8, 2008 5:09am
Well yes i did enter but at a 0,25% divergence on the E/C

I have 2 LONG position (the hedge):
One one the Eur/Usd @ 1,5345 (0,5 lot)
One one the Usd/Chf @ 1,0616 (0,8 lot)

As Spieler mentionned earlier, with the momentum we had I should have waited a little longer and enter around 0,3% like skyline did, and I would have had a better entry...

Now I am waiting for a retracement back to 16328 (yesterday 0% level) or further down movement at 16262 (todays -0,25%)

Hope it helps
  • #962
  • Aug 8, 2008 5:28am Aug 8, 2008 5:28am
spieler-

When you have a moment could you please look at Post 932 and tell me if the entry/ exit levels are correct.
  • #963
  • Aug 8, 2008 7:00am Aug 8, 2008 7:00am
All bro and sister ,now eur/chf divergence at -0.21.Is it waiting for long entry?
  • #964
  • Edited 8:23am Aug 8, 2008 8:08am | Edited 8:23am
Quoting patilsac
Lietuve,

Where do you get the pending order information. can you please give the link?

TIA.
Good morninng. Here it is. Change it to non-cumulative, then you see it as bars.


http://fxtrade.oanda.com/tools/stati..._summary.shtml
  • #965
  • Aug 8, 2008 8:15am Aug 8, 2008 8:15am
Entered 2nd lot at 1.6227 (-0.25% yesterday close - gmt based)
  • #966
  • Aug 8, 2008 8:18am Aug 8, 2008 8:18am
Long on a second leg.
eurusd @ 1.5066
usdchf @ 1.0770

(To Ulterior): yes, I am Lithuanian living in the US

To everybody else: my MT4 platform starts a day gmt+1; that's annoying! I cannot find an option to change it to GMT. Anybody knows how?
  • #967
  • Aug 8, 2008 8:28am Aug 8, 2008 8:28am
In long at -0.25:

EURUSD 1.5068
USDCHF 1.0772
  • #968
  • Edited 9:06am Aug 8, 2008 8:44am | Edited 9:06am
Quoting lietuve
Long on a second leg.
eurusd @ 1.5066
usdchf @ 1.0770

(To Ulterior): yes, I am Lithuanian living in the US

To everybody else: my MT4 platform starts a day gmt+1; that's annoying! I cannot find an option to change it to GMT. Anybody knows how?
Lietuve unfortunately you cannot change it
But if you want you can use this indicator I coded for this method , to use it simply put a vertical line and name it 'VL', best is to use in H1 timeframe. Then indicator will calculate automatically the close starting from VL close.
Hope this helps a little bit
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF.jpg Size: 118 KB
Attached File(s)
File Type: ex4 Spieler Divergence v1.ex4   6 KB | 571 downloads
  • #969
  • Aug 8, 2008 8:45am Aug 8, 2008 8:45am
That was a huge move on eurusd today - 300 pips! and it doesn't show any hesitation to stop here neither there is any support until 1.4900, so it might go down further. Should we pay attention ? asking a little bit too late - I am on my second leg long, but anyways what do you do?
  • #970
  • Aug 8, 2008 8:56am Aug 8, 2008 8:56am
Quoting skyline
Lietuve unfortunately you cannot change it
But if you want you can use this indicator I coded for this method , to use it simply put a vertical line and name it 'VL', best is to use in H1 timeframe. Then indicator will calculate automatically the close starting from VL close.
Hope this helps a little bit
Thanks a lot skyline. It works. The only thing - the background color is too tiresome for my eyes (on my grey background it shows as a very acid dark blue). Cannot change defaults in an ex file. Would you change please, to some shade of grey?
Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: to download(3).gif Size: 15 KB
  • #971
  • Aug 8, 2008 9:06am Aug 8, 2008 9:06am
Well skyline:

I had almost the same levels as yours, but I wanted to wait for 0,3% (i entered a little early with the first lot)

So i didn't go long...

So you entered exactly at 0,25%, can you explain, didn't want you to wait also this time for 0,3%?

BD
  • #972
  • Aug 8, 2008 9:09am Aug 8, 2008 9:09am
Quoting lietuve
Thanks a lot skyline. It works. The only thing - the background color is too tiresome for my eyes (on my grey background it shows as a very acid dark blue). Cannot change defaults in an ex file. Would you change please, to some shade of grey?
Thank you.
Oh yes you are right.
Ok I changed the indicator adding a new variable input 'BoxColor' so that you can modify it and put whatever color you like
Download it from my previous post and delete older one in your folder.

Cheers,
Skyline
  • #973
  • Aug 8, 2008 9:13am Aug 8, 2008 9:13am
Quoting boeingdriver
Well skyline:

I had almost the same levels as yours, but I wanted to wait for 0,3% (i entered a little early with the first lot)

So i didn't go long...

So you entered exactly at 0,25%, can you explain, didn't want you to wait also this time for 0,3%?

BD
yes it's also a good idea to wait for -0.3% as far as I understand it should be a more safe entry. Btw I saw that price retested the 6227 level so I decided to enter at -0.25% , in the hope it will go up to 0% to close it

Skyline
  • #974
  • Aug 8, 2008 9:16am Aug 8, 2008 9:16am
Closed almost at the zero line (minus one pip) for a nice profit. That was a nice trade! Looking forward to next week!
  • #975
  • Aug 8, 2008 9:19am Aug 8, 2008 9:19am
Quoting skyline
Oh yes you are right.
Ok I changed the indicator adding a new variable input 'BoxColor' so that you can modify it and put whatever color you like
Download it from my previous post and delete older one in your folder.

Cheers,
Skyline
Thank you.
  • #976
  • Aug 8, 2008 9:23am Aug 8, 2008 9:23am
Quoting skyline
Oh yes you are right.
Ok I changed the indicator adding a new variable input 'BoxColor' so that you can modify it and put whatever color you like
Download it from my previous post and delete older one in your folder.

Cheers,
Skyline

Thank you skyline! That will come in handy!
  • #977
  • Aug 8, 2008 9:24am Aug 8, 2008 9:24am
Quoting pipsalot
Closed almost at the zero line (minus one pip) for a nice profit. That was a nice trade! Looking forward to next week!
Good job Pipsalot !
I missed exit for few pips, now waiting to go up again
  • #978
  • Aug 8, 2008 9:27am Aug 8, 2008 9:27am
Quoting pipsalot
Thank you skyline! That will come in handy!
You're welcome Pipsalot
  • #979
  • Aug 8, 2008 10:00am Aug 8, 2008 10:00am
Closed @ 1,6271 both legs in profit. I don't like this eur dive, so better be in profit than sorry.

Thanks, mr. Spiegel
  • #980
  • Aug 8, 2008 11:19am Aug 8, 2008 11:19am
So Skyline you still have one open position?

So we should be now waiting for a retracement to close the first position, right?
1 trader viewing now