Hedge trading spieler system derived from futures spread trading

hi
maybe you are having tough time as we are .
it would be nice of you , if you come and try to give us some ideas to help and tell us if there is anything to do .
i m down in my live account 25 % , maybe selling euro chf to stop the bleeding . i m sure you have some ideas and we will be greatful if you can share it with us in this moment
regards

1st short at 1,4945

I missed both exit possibillities at around 1,4890 ... that sucks

2nd short at 1,5025

closed both positions at 1,4890

hi ashes
how could you close previous entries from the last 2 days , i m stil stuck with it
thanks

hi imad,

I just could close the 5th position and then the re-entry 5th position today (this one I closed too early, but according to the rules).

Regards

hi ashes
you mean your rules ?
did you post your rules anywhere so i can take a look at it
regards

Hi imad,

I use this table as a guideline

1lot -0.25( or +0.25 of course) – Exit half at 0.00, other half close to +0.25
lot 2 -0.25 – Exit on 0.25 pb/ re-enter at -0.50 from previous exit
lot 3 -0.25 – Exit on 0.25 pb/ re-enter at -0.50 from previous exit
lot 4 -0.50 exit 0.25 pull back (pb) - re-enter at -0.50 from previous exit
Note: If first 4 entries in and no pullback then delay lot 5 until -1.0 not -0.50
Exit on -0.50 not -0.25and re-enter on -1.0 from previous exit
lot 5 -0.50 exit 0.25pb – re-enter at -0.50 from previous exit
lot 6 -1 exit 0.50 pb – re-enter at -1.00 from previous exit
lot 7 -1 exit 0.50 pb – re-enter at -1.00 from previous exit
lot 8 -2 exit 1 pb – re-enter at -2.00 from previous exit
lot 9 -2 exit 1 pb – re-enter at -2.00 from previous exit
lot10 -3% double lots exit 2pb -– No re-entry, just hold until pb

Regards

hi ashes
thanks , i will try it next time . if what i m doing now dont eat my account , i reached -30 in my equity , now - 20 . hope i can close this trade.
regards and thanks

you're welcome imad,

my account doesn't look too good either. we just have to maintain the trade and adding or closing the positions. I don't expect to exit 1st, 2nd or even 3rd position in profit. but as long as I can get out breakeven, I'm happy.
also I do hedge the hedge according to the rules, that most of the times adds some more margin to the account.

Regards

I now have five lots with an average of 1.5065. I managed to work the position quite well yesterday, but it is still a big loss for now.

yes me too i m at 5th lot .
ashes i wishi can break even , as i have wished that spieler drop by maybe he has a way to fix things , like trading euro chf now i am down 23 percent on equity

Imad, what leverage ratio are you using for each position?

Closed a small short position for a profit. Waiting for a good spot to enter another lot long or get the last one out with a profit.

Ashes, I see the use of your strategy now It may really help reduce the drawdown when such big trends happen.

i m using 1 to 1.2 , is this what you are asking
regards

hi
do you enter short positions while you have others long ??

Yeah, that's ashes's idea.

well pipsalot thats a good idea from ashes . i wish i have done that before . what price you need to break even guys , i need to reach 1.51 witch i think it is not possible .

My average now is 1.5065, but I'll be break even slightly lower than that because of some profits from short trades.

I just thought you're drawdown was a little bit to large for 5 positions but 1:2 is recommended by Spieler also. Although he has said that lowering leverage in these times is recommended.

I think he means that he uses 1 lot EURUSD to 1.2 lots USDCHF, but I could be wrong.