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- mackus replied Sep 15, 2008
titi_123, See the quote above from Spieler. I don't know how to explain it any differently. This was back when EUR/USD was trading around 1.59-1.60. Now the ratio would be 1.4 because thats where the EUR/USD is trading now.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 15, 2008
Closed the position at EUR/CHF 1.5923 for a quick profit. Probably should've only closed half but live and learn.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 15, 2008
I'm not an expert like Spieler but I'm wondering of you are not eliminating the USD risk by taking 1.4 or 1.5 lots of USD/CHF for every 1 lot of EUR/USD? I think that this would've helped your profit position on all three trades closed. For ...
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 15, 2008
Slept through a big move down, which seems to be a trend for me lately, but closed both of my short positions from last week for profit. Re-entered long at EUR/CHF 1.5883.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 12, 2008
That is the way I understand it. I reentered short @ EUR/CHF 1.6020.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 12, 2008
Closed the 2nd short position at EUR/CHF 1.5978.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 12, 2008
Yep, the short position from yesterday is still open. I slept through the big move up so probably would've opened another one along the way but I just opened my 2nd short position at EUR/CHF 1.6020. EUR/USD: 1.4108 USD/CHF: 1.1351
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 11, 2008
Opened short @ EUR/CHF 1.5922. EUR/USD 1.3951 USD/CHF 1.1407
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 11, 2008
I am at GMT-5, but use GMT 0 as the 0% mark for each day.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 11, 2008
Closed the position at EUR/CHF 1.5883. EUR/USD 1.3921 USD/CHF 1.1404
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 11, 2008
Opened long at EUR/CHF 1.5843. EUR/USD 1.3932 USD/CHF 1.1372
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 10, 2008
I've been unsuccessfully trying to find the rules that Spieler posted 2-3 weeks ago. I don't remember having both long and short open at the same time as being part of the system.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 10, 2008
Closed my short position for a profit earlier today. Could have closed earlier and then entered short again to pick up another profitable trade in the same day but I can't watch the charts all the time.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 9, 2008
Open short at EUR/CHF 1.5955. One thing that I will have to get passed with this system is to ignore what I percieve to be the trend in the EUR/USD to take trades in the opposite direction if thats what the price action is saying to do. Right now ...
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 9, 2008
Closed the trade back at Monday's close for a nice profit.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 9, 2008
That long position is looking really smart right now, nice. I just entered short at EUR/CHF 1.6014, +29% from Monday close.
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 7, 2008
Just closed all 5 positions for a small profit. Feels good to be all cash after such a huge run the opposite way last week. Spieler, I seem to remember you saying that the conservative approach is to use the lower/higher of the Friday close and ...
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 7, 2008
Fannie/Freddie — I think that this move is long term bullish for the dollar. However, over the short term it just looks like the U.S. economy is worse than people would like to think and could stay that way or get worse over the next 12 ...
Hedge trading spieler system derived from futures spread trading
- mackus replied Sep 4, 2008
Entered 4th and 5th long positions today. Nothing more fun that watching the EUR/CHF tank when you're long. So far here is my trade: 1st 1.6216 8/25 2nd 1.6176 8/25 3rd 1.6026 9/3 4th 1.5984 9/4 5th 1.5906 9/4 Thankfully I've closed 3 positions in ...
Hedge trading spieler system derived from futures spread trading