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Red News Hedge Trading + EA

  • #81
  • Nov 18, 2015 7:58am Nov 18, 2015 7:58am
Quoting MathTrader7
Building Permits news is scheduled to release in 2 hours. Let's trade it! I go for BUY/BUY on EURUSD hedged with USDJPY.

I just tried your EA for the first time on this news release. It all worked okay, except both orders were opened with 0.01 lots, when I set the lot size in the EA to 1.0 lots. Any idea why? This was on IC Markets.
  • #82
  • Nov 18, 2015 8:17am Nov 18, 2015 8:17am
Quoting skoda2008
{quote} I just tried your EA for the first time on this news release. It all worked okay, except both orders were opened with 0.01 lots, when I set the lot size in the EA to 1.0 lots. Any idea why? This was on IC Markets.
Mmmm... it shouldn't! But I'll check this issue...
Thanks for reporting!
Trading is the hardest way to make easy money...
  • #83
  • Nov 18, 2015 11:25am Nov 18, 2015 11:25am
Since its going to be buy/sell anyway a time settings for the news time will be appropriate in case one will not be available to click during the news time.
  • #84
  • Nov 18, 2015 11:31am Nov 18, 2015 11:31am
Quoting MathTrader7
Building Permits news is scheduled to release in 2 hours. Let's trade it! I go for BUY/BUY on EURUSD hedged with USDJPY.
This time i'll try with sell/sell ( 1h and 30 min left) , obvius 30 sec before the news
  • #85
  • Nov 18, 2015 12:21pm Nov 18, 2015 12:21pm
Quoting LvCa
{quote} This time i'll try with sell/sell ( 1h and 30 min left) , obvius 30 sec before the news
I have the same plan ;-)
Trading is the hardest way to make easy money...
  • #86
  • Nov 18, 2015 12:22pm Nov 18, 2015 12:22pm
Quoting Surgefx
Since its going to be buy/sell anyway a time settings for the news time will be appropriate in case one will not be available to click during the news time.
This is a good idea! But I have to implement net stop loss in money as well.
Trading is the hardest way to make easy money...
  • #87
  • Nov 18, 2015 12:25pm Nov 18, 2015 12:25pm
Good evening,
This my first post here

Just would like to share:
I opened Hedge Positions with NZDUSD and GBPNZD

since correlation is 90% in 5min and H1

Attached Image (click to enlarge)
Click to Enlarge Name: 11.png Size: 8 KB
Every day there is chances
  • #88
  • Edited 12:52pm Nov 18, 2015 12:40pm | Edited 12:52pm
Yes I noticed how important the net SL is today I had gbpusd and usdjpy open for the building permit and both went into loss at some stage and I wondered what will happen if the scenerio continued. Please do me a favor do the SL for individual trade in pips
  • #89
  • Nov 18, 2015 12:43pm Nov 18, 2015 12:43pm
Quoting Eng.JMD
Good evening, This my first post here Just would like to share: I opened Hedge Positions with NZDUSD and GBPNZD since correlation is 90% in 5min and H1 {image}
For which news did you open that basket?
Trading is the hardest way to make easy money...
  • #90
  • Nov 18, 2015 12:43pm Nov 18, 2015 12:43pm
i have put target to 1000 or close manually
Every day there is chances
  • #91
  • Nov 18, 2015 1:10pm Nov 18, 2015 1:10pm
Quoting LvCa
{quote} This time i'll try with sell/sell ( 1h and 30 min left) , obvius 30 sec before the news
I cashed in about 10 USD for this basket/news.
Tomorrow, I am going to trade Retail Sales m/m GBPUSD and EURUSD
Trading is the hardest way to make easy money...
  • #92
  • Nov 18, 2015 1:19pm Nov 18, 2015 1:19pm
Quoting MathTrader7
{quote} I cashed in about 10 USD for this basket/news. Tomorrow, I am going to trade Retail Sales m/m GBPUSD and EURUSD
but i don't understand .. i am in and now in loss of 11 usd ( i dont close it becouse i have 20$ SL ) and i think that EU can go down .
TP in EA is 5$ (perfect hedge)
  • #93
  • Nov 18, 2015 1:21pm Nov 18, 2015 1:21pm
Quoting LvCa
{quote} but i don't understand .. i am in and now in loss of 11 usd ( i dont close it becouse i have 20$ SL ) and i think that EU can go down . TP in EA is 5$ (perfect hedge)
What are your lot sizes?
Did you do Sell/Sell or Buy/Buy?
Trading is the hardest way to make easy money...
  • #94
  • Nov 18, 2015 1:25pm Nov 18, 2015 1:25pm
Quoting MathTrader7
{quote} What are your lot sizes? Did you do Sell/Sell or Buy/Buy?
sell/sell , lot size 0.1 ( EU/UJ)
PS : probably it dipend to broker
  • #95
  • Nov 18, 2015 1:31pm Nov 18, 2015 1:31pm
Quoting LvCa
{quote} sell/sell , lot size 0.1 ( EU/UJ) PS : probably it dipend to broker
The same settings here. However, I disabled perfect hedge lot calculation for this trade.
Trading is the hardest way to make easy money...
  • #96
  • Nov 18, 2015 1:54pm Nov 18, 2015 1:54pm
Thanks for this great EA Math!

I tried with the FOMC news today, with original settings (perfect hedge enabled and TP at 5$), EU/UJ, but instead of sell/sell, I went to buy/buy, and got almost 10$ profit on TickMill ECN.
  • #97
  • Nov 18, 2015 2:05pm Nov 18, 2015 2:05pm
Quoting johnmack
Thanks for this great EA Math! I tried with the FOMC news today, with original settings (perfect hedge enabled and TP at 5$), EU/UJ, but instead of sell/sell, I went to buy/buy, and got almost 10$ profit on TickMill ECN.
You're welcome! :-)
And good results!
The beauty of this strategy is that, if we target for a small profit, there will be a high probability to exit with some profit regardless of which button we select to trade.
Trading is the hardest way to make easy money...
  • #98
  • Nov 18, 2015 2:10pm Nov 18, 2015 2:10pm
Quoting MathTrader7
{quote} For which news did you open that basket?
USD news

during uploading this pic i reached to 220 $

i closed with net profit 166$
Attached Image (click to enlarge)
Click to Enlarge Name: 11.png Size: 8 KB
Every day there is chances
  • #99
  • Nov 18, 2015 2:11pm Nov 18, 2015 2:11pm
If you don't mind, I have some suggestions about it:
1 - Insert option to automatically open the orders 30 seconds before the hour and minute the user sets. For example. I can check the news for today, go to EA, insert the trading time of the news I want, and then the EA will open the trades for me 30 seconds before that time and day. The EA could also obtain the high impact news automatically, but that takes a lot more time to do I believe.
2 - Insert option to set a maximum time to wait for the target profit to be reach. If after that time the target has not been reach yet, the EA will set a stop loss or breakeven level and close the order if one of both are hit. I know it will make it more automated and perhaps this is not your intention, but this helps a lot people that may not be available to follow the news 100% of time.

Well, these are my thoughts for now. Thanks a lot!
  • #100
  • Nov 18, 2015 2:19pm Nov 18, 2015 2:19pm
Quoting Eng.JMD
{quote} USD news during uploading this pic i reached to 220 $ i closed with net profit 166$ {image}
You opened the basket half an hour before FOMC news release???
Trading is the hardest way to make easy money...
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