I like your thinking and in fact I utilize "hedging" in about 80% of my trades using EURJPY one direction and CHFJPY in the other direction. They were 98.6% correlated on the weekly timeframe until this recent EU move, now 97% or so. Just out of ...

Martingaling - Looks so good until the inevitable

I also average up and average down into trades and find that it gives much more flexibility on entries and gives a much better overall return than single entries/exits. But I always use the same size each entry of .1 lots and build a position to .6 ...

Martingaling - Looks so good until the inevitable

Tacticat had some interesting thoughts and approaches.

Martingaling - Looks so good until the inevitable

So, back to the Martingale concept. I haven't utilized it but find it very fascinating. It seems that everyone agrees that it will eventually enter into a death trade using the traditional methodology but has anyone had success using variations ? ...

Martingaling - Looks so good until the inevitable

It would seem that the EU won this round vs Japan in the race to devalue their own currency.

EUR/JPY

+1

Martingaling - Looks so good until the inevitable

If the pair hits 137.80 then we may see a return to 138.20-138.40 on a bullish bounce. Depends on Draghi and the ECBs decision on possible QE implementation.

EUR/JPY

[quote=Karpa;7708095] Euro is long due for a retracement and I'm expecting it this week, after friday's EURUSD yearly low. Unless some extraordinary geopolitical events may occur, this is my view[/quote Agreed karpa..the trend may not change but a ...

EUR/JPY

Anyone else having trouble with slow loading charts and disconnects today ? I have done several Speed tests and its not my ISP at issue.

OANDA Discussion

Another current thread called Martingale Grid & Hedging discusses some similar issues. url

Martingaling - Looks so good until the inevitable

I wonder how much movement is from buying EURJPY directly vs EU and USJPY buying and selling.

EUR/JPY

video Boris Schlossberg: "The EUR/USD will move to 1.30 Impact off a 400+ point drop of the EU on the EURJPY ?

EUR/JPY

Yawn....this pair has spent 90% of the week in a 15-20 point range.

USD/CAD

Who would have thought a downed Malaysian airliner would strengthen the yen ?

EUR/JPY

The calm before the storm or is it already priced in the BOC rate announcement ? Still long and changed my TP to 108.50.

USD/CAD

Big difference in daily volatility though. Pair Trend EUR/CAD 81.5 USD/CAD 45.8

USD/CAD

Back to testing the 138.40 area. If it breaks above then retest of 138.75. Still holding longs.

EUR/JPY

Good perspective Vox ! Too many people can only think in absolutes and in doing so they miss the bigger picture. As seen in forums like "Does hedging work" or "Trading without a stop loss" brings out the proponents and opponents who argue for 5-20 ...

'Averaging Down Is for Losers' - valid or not?