Spieler, Thanks for the feedback. The reason I missed the 1.6262 exit on Friday was that I have to trade from work during the day and can't watch all the time. I know this puts me at a disadvantage but I still feel that the system can be profitable.

Hedge trading spieler system derived from futures spread trading

Current position — I'm still in the position started on Friday. Here's what I'm looking for from the EUR/CHF.Entry point: Short @ 1.6303Friday Close: 1.6279I will add another position at: 1.6344 (entry point +.25%, also over +.25% for the ...

Hedge trading spieler system derived from futures spread trading

I also took 1 short position. 10:01 GMT-4 eur/chf 1.6303 Sell 1.6 lots usd/chf @ 1.0397 Sell 1 lot eur/usd @ 1.5670 Back in the game with a new broker. Hopefully this works out better than last time.

Hedge trading spieler system derived from futures spread trading

Spieler, I attempted to follow your lead and close out my latest position with a small profit but was suprised to learn that my boker, MGForex, closed the very 1st trade I opened last week because they operate on a FIFO (first in first out) model, ...

Hedge trading spieler system derived from futures spread trading

Spieler, I have to trade on my phone while at work and the quotes are delayed by 15 minutes so I was late on getting into the trade. Hopefully I'll be able to find some sort of email alert system or a website with up to the minute quotes.

Hedge trading spieler system derived from futures spread trading

I took another short at EUR/CHF 1.6303 USD/CHF 1.0385 EUR/USD 1.5686

Hedge trading spieler system derived from futures spread trading

Spieler, Thanks for clarifying both of those points for me. I really appreciate all of your help throughout this thread. One other question. Already having 3 positions on do you ever take a 4th or 5th if the price keeps trending against you? I see ...

Hedge trading spieler system derived from futures spread trading

1st position +.25% 7/16 15:02 EUR/CHF 1.6101 Sell 1 EUR/USD 1.5808 Sell 1.6 USD/CHF 1.0175 2nd position +.50% (total) 7/17 06:31 EUR/CHF 1.6141 Sell 1 EUR/USD 1.5856 Sell 1.6 USD/CHF 1.0178 3rd position +1.00% (total) 7/21 06:18 EUR/CHF 1.6221 Sell ...

Hedge trading spieler system derived from futures spread trading

Spieler, When you enter a 3rd position at +.50% from the last one do you close that latest position when the price retreats back to the entry point for the previous trade or do you close when it hits a certain profit level? I am asking because my ...

Hedge trading spieler system derived from futures spread trading

Spieler, What do you consider a good exit signal? If the price is slowly working its way to your percentage will you close out when it is broken or hold to see how much profit you can take? Do you leg out of the trade based on the direction of the ...

Hedge trading spieler system derived from futures spread trading

Spieler said: I think this is where I'm making mistakes. My 3 current positions are based on positive movements from the close last Tuesday, not accounting for the daily movements since then. I think I need to slow down and not jump on a trade as ...

Hedge trading spieler system derived from futures spread trading

Just put on 3rd short position when EUR/CHF hit 1.6220. Here's my trades so far. 7/16 15:02 +.25% EUR/CHF Sold 1 lot EUR/USD @ 1.5808 Sold 1.6 lots USD/CHF @ 1.0175 7/17 06:31 +.50% EUR/CHF Sold 1 lot EUR/USD @ 1.5856 Sold 1.6 lots USD/CHF @ 1.0178 ...

Hedge trading spieler system derived from futures spread trading

Strategy of the day : waiting eur/chf to be close to +0.34% to sell the 2nd lot ( we are at this moment +0.09%). We closed yesterday at -0.64% i entered this lot at -0.55% i will try to sell it close to the entry of the first lot at -0.30%. If the ...

Hedge trading spieler system derived from futures spread trading

Current trade — I also had to reset due to my previous demo account because it didn't allow for partial lots. Restarted yesterday and current positions are as follows: 1. 7/16 15:01 EUR/CHF was at +.25% from Tuesday's close USD/CHF 1.0175 Sell ...

Hedge trading spieler system derived from futures spread trading

So would the -1% (from monday's close) be another buy point? Or would that same level be a buy point because its -.25% from tuedsay's close?

Hedge trading spieler system derived from futures spread trading

spieler, Thanks

Hedge trading spieler system derived from futures spread trading

Does proximity to all time high or recent low matter? — Spieler, Thanks for posting this system and thanks to everyone else for posting your progress in real time. This is my first post here so please bear with me. Does it matter at all that ...

Hedge trading spieler system derived from futures spread trading