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learning a hard lesson:
Manually trading this system - I have learned something.
I am trading 2 "clusters" of trades at a time
Cluster #1 - long GBP/USD + short EUR/USD
Cluster #2 - long GBP/USD + short EUR/USD
the problem is that if the GDP goes down without the EUR doing the same you can lose pips very fast.
A better strategy is (probably) to go :
Cluster #1 - long GBP/USD + short EUR/USD
Cluster #2 - short GBP/USD + long EUR/USD
I think this will be better because if one cluster goes against you, you can keep it open while the other cluster should be making you pips.
Then close the profitable cluster when it reaches your t/p and reopen it in the same direction.
learning a hard lesson:
Manually trading this system - I have learned something.
I am trading 2 "clusters" of trades at a time
Cluster #1 - long GBP/USD + short EUR/USD
Cluster #2 - long GBP/USD + short EUR/USD
the problem is that if the GDP goes down without the EUR doing the same you can lose pips very fast.
A better strategy is (probably) to go :
Cluster #1 - long GBP/USD + short EUR/USD
Cluster #2 - short GBP/USD + long EUR/USD
I think this will be better because if one cluster goes against you, you can keep it open while the other cluster should be making you pips.
Then close the profitable cluster when it reaches your t/p and reopen it in the same direction.i do that too but in other platform..with swap free
Hi Reemll99
I agee. I did it for a week and have applied for a second account to run it really. I am running gbpjpy-chfjpy and gbpusd-usdchf. From the correlation table I selected eurjpy-audusd for a test. karl
i do that too but in other platform..with swap free
Which broker? Does it require the person to be Muslim?
Which broker? Does it require the person to be Muslim?
Marketiva .. manual trade only .. not good for scalper
and no need to be muslim .. i'm not muslim too
and any religion wellcome
Marketiva .. manual trade only .. not good for scalper
and no need to be muslim .. i'm not muslim too
and any religion wellcomeI was afraid you would say Marketiva. They don't allow US customers.
I was afraid you would say Marketiva. They don't allow US customers.
really?...hmm but i used to chat with some US treader there
anyway crownforex is swap free in major pairs too + MT4 platform
maybe you can try them
cheers
really?...hmm but i used to chat with some US treader there
anyway crownforex is swap free in major pairs too + MT4 platform
maybe you can try them
cheersI haven't checked in awhile. It is possible they changed.
I heard Crownforex might be a scam. Not sure about them yet.
I am not in a hurry to find an interest free broker. I will just trade in positive swap directions or if I trade in negative directions I will try to only leave it open for a short period of time.
attatched below is 3 days forward testing of SelectiveHedge_$_$_V[4].mq4
on GU/GJ, EU/UJ, EU/UCHF and GU/EU
seems this version works
only need an entry point .. anyway you can add it yourself .. maybe just follow one pair and hedge another to reduce the risk ...any way you want..
check it out ^_^
hope you like it
Hi Phoenix
Impressive results and thanks for sharing your experience and time. I must reduce the orders for my account. Can you please spent some words on your settings. I used the johnboyz26 EA and can show you the odertable for his EA on the same day you presented the results. Thanks.karl