Hedge trading spieler system derived from futures spread trading

if u look at the divergence indicator , it tells u to long when the eurchf moves down and the indicator shows a -0.20 and opposite for shorting.

Now the uneasiness to me was that at times the price would just keep on going down so according to the original method we had to work our positions which was ok.

What i have done is that by putting 2 ma
5 and 13 on a daily chart i will have a better idea of the direction of the eurchf.

i have 2 more indicators on that chart
forex trend
3 level zz

now i dont have to wait for the exact cross of the ma.
the appearance of 3 on the chart will signify my position building.
i know that the indicator repaints which works out fine with me because as it repaints i can have 2 or 3 levels opened before the eurchf aligns in the direction of the ma and all positions will become profitable.

i am testing this out for the last month and it is working , we can improve on this together.
all welcome
thx
t

Could you please post some print screens when you enter and exit a trading

Am I correct you Identify the eurchf move and than you enter

EURUSD AND CHFUSD long or short dependent on the eurochf move

and you are using equal lots on both pairs or not ?

Cheers, I will have a look at it when I have a few minutes.

JC

i started building position at the begining of the 3 on the chart.
i will keep building whenever i will see 3 on the 4 hr chart until price reverses on the eurchf and i will close all at a profit.
when i will sense that the cross has become stale on the daily chart i will stop entering longs and will wait for the 3 to appear on the upper border and then start building the shorts..
enjoy
t

here u go

Thank you for the posting and chart
Are you entering the same lot size for both like
buy 1 lot eurusd and buy 1 lot usdchf ?

1 eur to 1.5 usdchf

Hi Teldon

I just want to clear something up please. Under you current "mixed" strategy you would have done the following:

 

1. At the last 3 you started buying EURCHF and shorting EURUSD?

1. At the 2nd last 3 (mid December) you would have shorted the EURCHF and bought the EURUSD?

1. At the 3rd last 3 (end October) you would have bought the EURCHF and shorted the EURUSD?

1. At the 4th last 3 (beg August) you would have shorted the EURCHF and bought the EURUSD?

I ask because you mention in a later post that you are hedging the USDCHF and EURUSD. So just a bit confused at what you are looking at.

Regards,

JC

i sell both and buy both i.e. eurusd and usdchf and i decide when to buy and when to sell by looking at eurchf.

when 3 is above price you sell
when 3 is below price you buy

but also you have to look at the "freshness" or "staleness" of 3 .
thx
t
right now as iam writing it is time to buy

very interesting system

Thanks for share, teldon.
What is your exit strategy ?
Regards.

The change that you are proposing has nothing of this system, teldon posted a TheRumpledOne indicator, this is a modification of the Waves_AutoTrendLines: this indicator is a zigzag algorithm based on Elliott Waves theory...
You are only creating confusion and this thing is not correct, also in this way you will not go anywhere!!!

Stake.

Hy guys,

I'm new to this thread and have a question.
Does anybody has the indicator that spieler uses in his charts?
Post #9 on this thread.

Thanks
D.

Do you mean for MT4? You might want look into this thread. http://www.forexfactory.com/showthread.php?t=85097

JC

Is not quite what I was looking for but thanks.

D.

We worked on that strategy for months with no real results. We never could get an indicator that didn't re-paint, or one of a number of other problems.

still long

slow but sure and less stress.
If it works for you well and good and if it doesn't then no problem

A premise: I am truly sorry that this thread has been killed because of the presumption and ignorance of many of us!

Well, you're surrounded by rubbish and false professionists that are defined trading guru, you will make all your attempts at your expense until you are forced to leave this experience only after many of your donated money to various brokers!!!

I'm not claiming to have the competence to the point of being able to judge what is good and what is bad but I can have a little experience in this field and a natural predisposition the observation and study of the person and the human personality...

Of all that you can find in this and other similar forums, most of the methods and systems that are being advertised, and sometimes even sold, are just nonsense!!!

This was one of those discussions along with some other (see Technical Analysis Fallacy, or Turtle Trading ... for example) that could really have something to teach, but as often happens a great show is ruined by an audience of fools!!!

I would have much to say and I could go on for hours but I think that this would not help anyone or even could be misunderstood in my mind, then I will stop here ...

First to greet you I would remind you that this system, which is part of a broader discussion of approach to trading, is a good starting point for those who want a professional approach to this world!!!

I leave you with one last little trick that may perhaps be useful, it is a little calculation to determine your Position Sizing:

Unit Size= 1% of account _
price * ATR(14) Daily

Stake, regards.

Why did you leave Stake?

At one stage you provided alot of input into the thread.

JC

I understand that all participants in the thread have tried to give their input, this is commendable, and I do not mean to belittle the work of none ...
Unfortunately, often we fail to humility, I first, many of us have believed to have the necessary expertise to contribute to the development of this approach, even worse to can improve it!

This attitude is not exactly correct, taking into account the fact that most of us do not have enough experience in trading or have never opened a live account (you can not expect to survive in this world without ever having experienced to touch the bottom, do not forget that the psychological component, which is essential, it should be shaped and formed in the same way as a man builds his own personality)...

If we take as our premise that in this world no one gives anything to anyone, perhaps it will be easier to understand that many of the concepts and principles learned, but most important, of all trading systems, such as split last Holy Grail, serve only to fill our graphs of many beautiful colored lights and nothing else!!!

That's why I mentioned the importance of listening, of being willing to learn something new by releasing the mind from preconceived patterns, perhaps the most difficult thing is being able to unlearn what has been learned incorrectly!!!

Well, before I get too annoying I will stop, but this was the reason of my disapproval...

Thanks, my best regards.

Stake...