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Ibuks breakout reversal auto trading robot by Steve Hopwood

  • #61
  • Aug 27, 2011 10:01am Aug 27, 2011 10:01am
Quoting hiredwhip
Good Morning.....Just removed another pair GBP/JPY.....Hopefully we can get rid of the high DD and ADR pairs....

Have a great weekend

whip

Hello Whip

how do you manage left hedge trades if price retraces back, initial trade goes into profit and closed by MPTM? Hedge trade is left in loss. I tried HedgeTheHedge but there seems to be no way out except of closing left hedge trade in loss.
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  • #62
  • Aug 27, 2011 11:18am Aug 27, 2011 11:18am
Quoting peje
Hello Whip

how do you manage left hedge trades if price retraces back, initial trade goes into profit and closed by MPTM? Hedge trade is left in loss. I tried HedgeTheHedge but there seems to be no way out except of closing left hedge trade in loss.
I have been getting reasonable results using a 50% hedge. Therefore I can close at be when the hedge retraces.

Paul
  • #63
  • Last Post: Aug 28, 2011 6:37am Aug 28, 2011 6:37am
Quoting paulbt38
I have been getting reasonable results using a 50% hedge. Therefore I can close at be when the hedge retraces.

Paul
Hi Paul and Peje.....
My hedge is set at BE at 300%......I am going to drop mine to 50% this week also and stop tying up so much money in the hedge for so long.......Haven't had much time the last 2 weeks for observation......Will get back into it this week as work-load is slowing down a little.....Glad to see people are working on it!!!

Have a great week

whip
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