Still working my positions, and am down to 1 long position open.
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What long position are you holding?
I have 2 shorts on hand, one was from last week at 15205 (that's so bad, missed couple chances to exit); and one is today morning at 15255.
I have already shorted 2 times on 15250 levels in this week.
Hi friends,
First of all I am Spanish therefore I apologize for my English.
I am a newbie in Hedge. I am very interesting in this method of trading. I am reading a lot of posts but I am lost.
My questions are the following:
What EA or Indicator do you use? Is SpielersHedge EA_v2[1].8.1.ex4? or are there any more?
What are the indicators or EA that I have to download?
Can anybody show me an example or template of the exact configuration in MT4?
I know that all those information are in the thread but You understand me please, with my poor English...
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Hi Corcha,
I use excel to calculate the Spielers divergence level and enter at overbought/oversold on Stoch and CCI.
I don't know if other members use EA or any related indicators. If so,
I would like to try them too.
I use excel to calculate the Spielers divergence level and enter at overbought/oversold on Stoch and CCI.
I don't know if other members use EA or any related indicators. If so,
I would like to try them too.
km
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Hi,
thanks for your comments. If you put the EA that I showed in my last post You will watch all the information in your chart. It is great!!. But I think that this is not enought. For that reason I am looking for more information.
Thanks Km
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Joined Oct 2008
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Status: Financial Education
|66 Posts
Hi guys, if I remember correctly some time ago I suggested to consider only buying signals, I would also suggest, if I can, to avoid using this system faithfully (taken literally, this system is too young and incomplete, also requires a dose of discretion that makes it unsuitable for most!)
This is not a criticism but a suggestion to be careful, I believe that the passage of the "working positions" can be watched with interest as an alternative method in the management of trades... but all this in a context much more robust !!!
I would like to stress that my tone does not want to be quite controversial with the author, said that now I think it is right to warn, especially for traders with less experienced, from taking a package pre-packaged believing that they can implement in a profitable trading (this applies to this system as for all other systems freely exchanged and shared)...
This action because I believe that many have found themselves in difficulties because of not enough experience to handle potentially dangerous situations to which this system can easily expose!
Best regards,
p.s. the trend in the medium-long term should be bullish...
Closed my last long position and am now all cash. My initial reaction to the recent movement up would be to open my first short position, but I'm switching brokers to avoid the FIFO rule here in the U.S. so I wont be opening trades until that is done. Also, it might make sense to wait a couple days in order to see if the pair settles down.
Closed my last long position and am now all cash. My initial reaction to the recent movement up would be to open my first short position, but I'm switching brokers to avoid the FIFO rule here in the U.S. so I wont be opening trades until that is done. Also, it might make sense to wait a couple days in order to see if the pair settles down.
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Do you mind to share which broker u gonna change to?
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Joined Oct 2008
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Status: Financial Education
|66 Posts
Taking into account my previous advice, now for those who use this system, the next positive divergence should be good to sell ... but be careful with exposure ... the underlying trend remains bullish!!!
Taking into account my previous advice, now for those who use this system, the next positive divergence should be good to sell ... but be careful with exposure ... the underlying trend remains bullish!!!
I hope my contributions are welcome,
regards
Stake_
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Thanks for your contributions. What are information are you using to determine that it might now be a good time to sell on positive divergence? Do the previous intervention highs of, approximately, 1.5380 and 1.5450 look like sufficient resistance?
Taking into account my previous advice, now for those who use this system, the next positive divergence should be good to sell ... but be careful with exposure ... the underlying trend remains bullish!!!
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Joined Oct 2008
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Status: Financial Education
|66 Posts
With regard to the analysis that enable me to determine the different levels on which to operate, this is possible through a proprietary algorithm quite complex but has the requirement of completeness, it is a set of equations that tries to incorporate the many aspects of the analysis of markets (Unfortunately, I believe, as I said, that an approximate system, despite its strengths, is still too young and inconsistent to be under the requirements of constance over time and low risk...)
I would add that I work mainly on this pair, this is the reason why sometimes I try to give some suggestions which aim is to help avoid unpleasant surprises!!!
Nothing special, I also minimize my actions because of my bad English, I would like to contribute with a more systematic and precise way but...
Thanks for your contributions. What are information are you using to determine that it might now be a good time to sell on positive divergence? Do the previous intervention highs of, approximately, 1.5380 and 1.5450 look like sufficient resistance?
Ignored
I forgot, with reference to resistance levels that you mentioned ... no I believe that these levels will suffer an imminent break but I also believe that this should not occur before a partial response to the recent bullish movement...
Hedge trading spieler system derived from futures spread trading
