good tool
but are you aware that you're trading EUR/GBP in effect and betting a center of distribution is to be revisited and rest is random market walk...
if you only trade for T+1 day it may work, but for long term it may not be a safe assumption that E/G has a fixed median distribution...
but are you aware that you're trading EUR/GBP in effect and betting a center of distribution is to be revisited and rest is random market walk...
if you only trade for T+1 day it may work, but for long term it may not be a safe assumption that E/G has a fixed median distribution...
DislikedGreetings,
Several on here are posting hedging strategies, so I thought I would post one I have been trading for about a week. It has all been positive because I do not use stop losses. I am posting this here because people are usually able to pick holes in the strategy and show where it would fail, and I want to know this before I keep trading it. Here it is:
1. Go do dailyfx.com and click on "charts" and "live charts" and open up a EUR/USD.
2. Click on "instruments" and overlay a GBP/USD chart.
3. Choose any timeframe (I use 30 minutes).
4....Ignored
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