Hedge trading spieler system derived from futures spread trading | Page 136 | 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

  • #2,701
  • Sep 24, 2009 6:49am Sep 24, 2009 6:49am
today long 1.5088 closed 1.5117

+29 pips
  • #2,702
  • Sep 30, 2009 7:28am Sep 30, 2009 7:28am
what's going on with eur/chf does anybody know?
  • #2,703
  • Sep 30, 2009 7:55am Sep 30, 2009 7:55am
http://www.reuters.com/article/rbssI...51872720090930

Quoting kayhan7070
what's going on with eur/chf does anybody know?
Some pursue happiness, others create it.
  • #2,704
  • Sep 30, 2009 8:01am Sep 30, 2009 8:01am
Quoting genius75
http://www.reuters.com/article/rbssI...51872720090930
thank you
  • #2,705
  • Sep 30, 2009 8:12am Sep 30, 2009 8:12am
Quoting kayhan7070
thank you
Is this the reason Eur/Chf jump 150pips?

KOF indicator told the chf economic is going well, is this not pushing up
the chf = eur/chf to lower level?
Attached Image
  • #2,706
  • Sep 30, 2009 2:05pm Sep 30, 2009 2:05pm
It would be nice if someone could explain this.

Thank you.



Quoting the2001km
Is this the reason Eur/Chf jump 150pips?

KOF indicator told the chf economic is going well, is this not pushing up
the chf = eur/chf to lower level?
Some pursue happiness, others create it.
  • #2,707
  • Oct 1, 2009 4:08am Oct 1, 2009 4:08am
http://666kb.com/i/bcuxzvmb93ypqc8hb.png

i earned 720 $ yesterday.. thanks for system.
thanks all..

especially, speiler and kayhan7070
  • #2,708
  • Oct 1, 2009 4:21am Oct 1, 2009 4:21am
Still online?

Could we discuss your way how to trade spileler's system please.

Thx.

GE.

Quoting selim

i earned 720 $ yesterday.. thanks for system.
thanks all..

especially, speiler and kayhan7070
Some pursue happiness, others create it.
  • #2,709
  • Oct 1, 2009 4:35am Oct 1, 2009 4:35am
Quoting genius75
Still online?

Could we discuss your way how to trade spileler's system please.

Thx.

GE.
i closed all my order yesterday.

today i put new order

http://666kb.com/i/bcuylkkic4idkusj3.png
  • #2,710
  • Oct 1, 2009 4:39am Oct 1, 2009 4:39am
Selim,

Are you putting in limit orders based on the divergence indicator? I don't understand howyou are selecting the limit prices you're using.

Please elaborate on your approach. it looks interesting.

Thank you.
  • #2,711
  • Oct 1, 2009 4:45am Oct 1, 2009 4:45am
How do you calculate it?


GE.


Quoting selim
i closed all my order yesterday.

today i put new order

http://666kb.com/i/bcuylkkic4idkusj3.png
Some pursue happiness, others create it.
  • #2,712
  • Oct 1, 2009 5:02am Oct 1, 2009 5:02am
Quoting genius75
How do you calculate it?


GE.
Quoting nubchai
Selim,

Are you putting in limit orders based on the divergence indicator? I don't understand howyou are selecting the limit prices you're using.

Please elaborate on your approach. it looks interesting.

Thank you.
i calculate it,
yesterday bar closed 1.5164...

1.5164 / 0.20 = 1.5133
i put order 0.5 lot 1.34 , 0.5 lot, 1.32... result 1 lot 1.5133 buy limit...
and i put TP some 15 pip, some 20 pip , some 25 pip, some 50 pip, some 75 pip also..

1.5164 * 0.2 = 1.5194
i put my order, 1.5195
and i put one order too , yesterday high 1.5235..

sorry my english, my english poor..

i added calculete file...

and when i'm free, i buy or sell 0.5 or less lot, for scalping, i buy or sell after close 1 to 10 pip...

have a nice day,
Attached File(s)
File Type: xls CrossHedgeCalc(1).xls   18 KB | 797 downloads
  • #2,713
  • Oct 1, 2009 5:08am Oct 1, 2009 5:08am
here is my before trading
http://666kb.com/i/bcuzgzx3g2ujrpvqn.png

please may i have your attetion please..

i am also newbee...
  • #2,714
  • Oct 1, 2009 5:38am Oct 1, 2009 5:38am
Thank you.

GE.

Quoting selim
here is my before trading
http://666kb.com/i/bcuzgzx3g2ujrpvqn.png

please may i have your attetion please..

i am also newbee...
Some pursue happiness, others create it.
  • #2,715
  • Oct 4, 2009 8:11pm Oct 4, 2009 8:11pm
Well, I read my way through 2714 posts only to find that everone has left what started off as an exciting and vibrant thread - what a shame.
It is clear from reading thru that numbers fell away sharply following the major market 'corrections' last October, December, March and June.
It is also clear that this system is profitable during periods of moderate volatility, and can survive reasonably strong trends provided that the intraday volatility is sufficient to work the positions profitably - and that the user has the discipline to cut the occasional trade loose at a loss to ensure that the overall TRADE wins; and this I feel is a major weakness in this system in that there is no clearly defined exit strategy when a strong trend - without retrace - occurs.
It is for this reason - I suspect (imho!) - that this thread has all but died.
I don't doubt the skill of Spieler who has demonstrated just how profitable this system can be - but I feel that it would take me years to develop the skill and intuition that Spieler clearly has to be confident of meeting a strong trend without having a clearly defined exit strategy that will leave my account reasonably intact, or even breakeven / small profit at the end of the trade.

Could I (with the greatest respect) suggest that Spieler takes a look at the Nanningbob thread which uses a very similar strategy (when price moves above EA, sell, when price moves below, buy)? This has incorporated a clever exit strategy that can survive a very strong negative trend (up to 1000 pips negative) and even return a small profit following such an event.
I beleive that the incorporation of such a technique here would be hugely beneficial.

I hope it's not too late for this thread but if any of the guys who have a thorough understanding of this system want to take this discussion forward, I would be very happy to be involved.
You don't have to be right, just don't be too wrong
  • #2,716
  • Oct 5, 2009 1:36am Oct 5, 2009 1:36am
"that numbers fell away sharply following the major market 'corrections' last October, December, March and June"

NOt at all these trends were easy to manage with some large retracements absolutely no problem.
may i add that of course you dont have to take a position before a massive release waited from swiss central bank which was the case.

There is less people because things have been understood by many players and nothing more to add.
After 2000 posts everything has been said and after you make only circles.
I am still very profitable using this confortable strategy and many others .
  • #2,717
  • Oct 5, 2009 2:58am Oct 5, 2009 2:58am
Quoting spieler
"that numbers fell away sharply following the major market 'corrections' last October, December, March and June"

NOt at all these trends were easy to manage with...
Agreed. I continue to trade this strategy, using the eur/chf directly, profitably. Probably the main lesson learned after the SNB madness that started in March was position sizing. Initially I was taking too large a position each time so when something like that happened my account was not prepared. However, that has been changed and no longer an issue in my opinion. I might be a little too conservative with the size of my positions at this point but that will evolve as I continue to trade.
  • #2,718
  • Oct 5, 2009 3:47am Oct 5, 2009 3:47am
Quoting El Dee
Well, I read my way through 2714 posts only to find that everone has left what started off as an exciting and vibrant thread - what a shame.
It is clear from reading thru that numbers fell away sharply following the major market 'corrections' last October, December, March and June.
It is also clear that this system is profitable during periods of moderate volatility, and can survive reasonably strong trends provided that the intraday volatility is sufficient to work the positions profitably - and that the user has the discipline to cut the occasional...
I'm of the same opinion, what the spieler system misses is an exit strategy. Apart from that I consider it a great system. I have been overall profitably trading it for about half a year. Then started to work on a particular directional sys. Since that work is now concluded I'm happy to read your thread and the interest on evaluating an exit strategy. I will go through the nanningbob thread and come back here to discuss on how that exit strategy could be integrated in the spieler system.

Best Regards
  • #2,719
  • Oct 5, 2009 3:55am Oct 5, 2009 3:55am
Quoting spieler
"that numbers fell away sharply following the major market 'corrections' last October, December, March and June"

NOt at all these trends were easy to manage with...
Ok - delighted to hear it and glad to see you're still keeping an eye on things Spieler - I have obviously mistaken silence for lack of activity!
No disrespect was intended - I would not have read 2700+ posts if I was not keenly interested in the concept and the contributions from those who have been trading this system.
I have started demo trading this system but will investigate the incorporation of Nanningbobs exit strategy as I feel that this can only be of benefit - a clear line in the sand that separates normal conditions from recovery mode and a fixed stop loss - even if this is many hundreds of pips from entry - but will allow the user to understand max theoretical loss and decide what percentage of account they want to risk with respect to that.
If I can find no benefit I will be happy to admit that this system cannot be improved or developed (by me)!
You don't have to be right, just don't be too wrong
  • #2,720
  • Oct 5, 2009 4:01am Oct 5, 2009 4:01am
Quoting ashes
I'm of the same opinion, what the spieler system misses is an exit strategy. Apart from that I consider it a great system. I have been overall profitably trading it for about half a year. Then started to work on a particular directional sys. Since that work is now concluded I'm happy to read your thread and the interest on evaluating an exit strategy. I will go through the nanningbob thread and come back here to discuss on how that exit strategy could be integrated in the spieler system.

Best Regards
Hi Ashes - whilst your grid entry system is not according to Spielers system it is very much aligned with Nanningbobs entry system and - therefore exit strategy - and would lend itself perfectly to this type of approach.
I am worried about using Spielers thread to continue this discussion though as it is 'off topic' unless Spieler considers it to be development of this system rather than an alternative method of trading it.
We can continue elsewhere if need be
You don't have to be right, just don't be too wrong
0 traders viewing now