If you want to go into the market naked and trade any pair you want to trade, then be my guest. This strategy has proven to me that it works. What you have done is probably see the drawdown in the first couple of days, why not have a little more ...

Safe Hedging System - Daily Swap

Have you followed my suggestion of entering 1/10th of position and spread out your entry for 10 days?

Safe Hedging System - Daily Swap

MY 4 pair did ride out with a maximum of 15% drawdown. However, many of my sets that I entered later on were stopped out at 1 PIP Profit, but the whole hedge trade overall which I started around Jan. ended up with about a 20% profit for the 2 months ...

Safe Hedging System - Daily Swap

I open them when I see an opportunity, and I close them when I am ready to cash out or take a vacation. Usually I will stay in the hedge for a few months, and once I am in I will stay compounding my position as soon as I make enough swap. I will ...

Safe Hedging System - Daily Swap

To answer your question, first of all you will put the SL at 1 PIP when your GBP/JPY, not the sum of all your order, is up 100 PIPS. It is a possibility that your GBP/JPY will never reach the 100 PIPS, that is why I have stated that entry is key for ...

Safe Hedging System - Daily Swap

You can see your Equity and your Buying Power Increase. Instead of seeing the account balance increase, your equity will be actually greater than your balance, and when you enter into more trades, it will deduct from your equity as margin, not ...

Safe Hedging System - Daily Swap

WOW, thats a lot of questions to answer. I will do my best to answer them. 1. I trade one standard lot per currency pair per SET. That means when I enter a trade I enter 4 orders, with 1 LONG GBP/JPY and 3 Short (CHF/JPY, USD/CHF, and GBP/USD) 2. I ...

Safe Hedging System - Daily Swap

I use FXDD and I think even FXLQ do pay good swap. I heard someone talking about Oanda being good at paying swap, but they have a limit now on how much swap will be paid or something like that. So far my experience is with FXDD and they are pretty ...

Safe Hedging System - Daily Swap

Hello: Thank you for you kind comments. The reason why I am doing a short with USD/CHF is because that we are shorting the CHF/JPY. If we were to use the EUR/JPY, then we have to go long on the EUR/USD, which will give you 2 negative swap on a daily ...

Safe Hedging System - Daily Swap

BurgerKing: I have to say that I am very impressed with your work, and I think you have done a remarkable job in shooting holes in my trade. But I have to respectafully disagree with you on your comments on what I have posted here. You have taken my ...

Safe Hedging System - Daily Swap

Well said. I have to say that nothing is "SAFE" in forex. However, if you enter your position right, and you lock in your 1 PIP as I suggested, you are pretty safe, even considering the Feb. Selloff on the GBP/JPY. Is just how you do this. Remember, ...

Safe Hedging System - Daily Swap

You don't use a stop/loss because you are hedging. Many people might have concerns on the movement that think that it might wipe you out. But remember that the market is purely supply and demand. It will always workout. The biggest fear of this ...

Safe Hedging System - Daily Swap

I don't quite follow the 0.82 LOT and 0.163 LOT reference. I know that I am doing 100K LOT on 4 Pairs. I am LONG only on GBP/JPY I am short on the other 3 Pairs. CHF/JPY, GBP/USD, USD/CHF Well, are you logging into FXDD and see what Swap rate they ...

Safe Hedging System - Daily Swap

You have account balance and account equity. Your equity value will actually increase while your account balance is the same. What really matter is your equity. So if you have enough equity to cover the margin, you should be able to withdraw funds, ...

Safe Hedging System - Daily Swap

Based on this rate, you are looking at $8.10 per day. If you look for better brokers, you might achieve the $11.30 that I am getting.

Safe Hedging System - Daily Swap

What I would recommend is that you open a DEMO account and do it on a DEMO to see how my concept would work. Open a DEMO with FXDD and start with 1 lot of each pair. Some of the swap rate posted are based on the Base Currency, so you have to really ...

Safe Hedging System - Daily Swap

Great work! So BUY 1.1 Lot of GBP/JPY SELL 1.0 Lot of GBP/USD SELL 1.2 Lot of USD/CHF SELL 1.2 Lot of CHF/JPY That about right?

Safe Hedging System - Daily Swap

Yes. You are absolutely right. The only problem with the GBP/CHF and GBP/JPY is that you are not covered 100%. You always have higher risk exposure because you are now depending on correlation of the currencies. I have been burned by that and that ...

Safe Hedging System - Daily Swap

Well, if you have been in for that long just the swap will probably make you a rich man, provided that you have been doing some spreading out of your position throughout the years. Remember thats $11.00 per day x 365 x 5 years = $20,0075.00 in swap ...

Safe Hedging System - Daily Swap

If I have 10K account I am going to trade $1000 Lot. So I guess I would blow up my account.

Swap Trading System