Hi cash, Yes, I agree. As long as its micro lots and losing doesnt hurt. Since you are in the position you are in now..Maybe this would be a good time for the OP to give you (and everyone else) a clear cut explanation on how you go about controlling ...

Pitbull Trader with Position Building

You are trading live, and you are asking some stranger on an internet forum what you should do with YOUR money? All I can say is...Im speechless.

Pitbull Trader with Position Building

What do you mean by lost confirmation? According to my chart the 5/5 on usd chf is still showing buy. I thought the exit signal is when they cross ? Or maybe I dont have the chart set up right.

Open/close cross

Mcs, Thanks for the update. I would agree with most of your thoughts. I never had a stand alone 100% mechanical version ever last more than 3-4 months. When conditions are right the profits are fast and furious, but unfortunatly we know the markets ...

Phantom 6 System

Intersting idea for discussion. Hope many people will chime in. Have a feeling alot are in it to make money, and make it fast. Probably why there is such a high failure rate. I learned a long time ago I wont become rich trading a 5k account. Right ...

Why do you Trade Forex?

So your net exposure is GBP long x3, NZD long x1 and JPY short x1. Not sure what this has to do with negative correlation. Its just a unhedged basket that will profit when GBP and NZD are strong and JPY is weak. You got your profit from 11/28 ...

negative correlations System

Pairs — Can someone explain the reasoning behind the 10 pairs that are used? Very heavily long jpy. Would it be easier to control drawdown with a more correlated/synthetically hedged group of 10? Especially for U.S traders that cant hedge in ...

Pit bull trading strategy by brijon

That reason is because its true. Learn about exposures and you will understand. If you dont believe me then go ahead trade that basket and watch usd/jpy. Your basket p/l will move in conjunction with what u/j does. Only difference is you paying ...

Basket Hedge Volatility Strategy - Wanna help?

100% hedge only if the pip values were the same for all three currencies. If not, you would have either long or short exposure to one or more of the pairs. To get a hedge, you could adjust the size of the traded lots, but that would also change the ...

Statistical arbitrage, hedge, or bluffing myself?

Sudden moves are not what causes baskets to linger. Its the times when you have multiples trades open on a single pair or maybe two pairs and then the market does a sudden reverse (CHF last week). It then takes forever for your hedge trades to catch ...

Phantom 6 System

When did you determine when to close for a loss? Each day at a specific time, like when you cut losers? Also, all your winning weeks seem to match the original test. That tells me at no time during those winning weeks the account ever went into ...

Strength for one week, No Charts Attached ;)

My thoughts exactly. Nothing wrong with changing the system to suite your own ideas and risk appetite. Just hoping we dont get 500 posters adding this and that indicator. Simple is always better. I am comparing two seperate time frames (4 week/1 ...

Strength for one week, No Charts Attached ;)

This is not a "hedge". Look at your exposure. You are just trading 2 lots of AUDJPY long.

Currency Basket Hedge with Positive Rollover

You are joking right? Do you really think Oanda hires someone to watch your 10 cent trades and manipulate the prices. Not saying broker dont do some fuzzy things but c'mon.. really!!

Oanda Stop Hunting?

Bob, I have tested various basket systems for over a year, what you are expierencing is not unusual IMO. Not sure exactly how you are trading but it sounds like your baskets are somewhat hedged? If that is the case it will limit drawdowns but also ...

Big wins and losses = slow and steady profits

Permanentjuan, There are a few threads on basket trading on FF. Even is they are not exactly what you intend to do, you may get some good ideas. Some are pretty long so it would be alot of reading. Two that I have followed are "trading system using ...

Basket Hedge Volatility Strategy - Wanna help?

I dont get it either. Looking at the trades you opened you have exposure to: USD/GBP/CAD-- LONG AUD/NZD/JPY/CHF--SHORT Does that match up with your D1 histo?

Trading system using relative strength

Very nice ES. It looks like you base your trades off the weekly. Do you look at other time frames like the D1 to decide which pairs? I would imagine trend changes would be slow to show up on the weekly.

Trading system using relative strength

SELL EUR/JPY NO.. look at the h4/h4 current, it show the eur gaining strength jpy weaker. SELL CAD/JPY NO..same as above BUY GBP/EUR cant do that it would be SELL EUR/GBP..again NO EUR is gettin stronger GBP weaker. BUY USD/CAD NO..same reason. The ...

Trading system using relative strength

I think some of the confussion for some may be that the indicator can be set with different values. Im not sure I understand it 100% myself. So im going to give it a shot and someone pls correct me if Im wrong. For ccfp{v2.0} use current = false use ...

Trading system using relative strength