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- xlcharly replied Aug 6, 2014
max daily DD=-20 pips (see white arrow) image
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 6, 2014
last updating GBPNZD for today image report: 3 sell at TP (rectangle 1) = +60 1 sell at TP (rectangle 2) = +10 1 sellx2 at TP (rect.3) = +20 1 buyx1 (point5) close at point 13 = -100 1 buyx1 (point8) close at point 13 = -90 1 buyx1 (point9) close ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 6, 2014
I think the problem is that we must operate in high volatility period. That's why it's better to avoid long period of eventual loss, for a psychological reason. So I preferr to open a grid with some starting logic. If possible, I preferr to avoid ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 6, 2014
anyway....respecting the strategy, we would have at this moment 3 x1 buy opened, as you can see at point 5,8,9 an a probable x2 sell if price reaches 1.99200. Let's see...... image
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 6, 2014
Hi boss
... what do you think about the dangerous situation in the picture? Is it ok for you to open sell 2 at 1.99400 and then a x1 buy at 8? Updating..... image Let'see the importance of 50% fibo. At this level we can close both x1 buy (point ...MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 6, 2014
Hy guys.....today very interesting scenario on GBPNZD (biggest ADR) image as you can see, respecting the fibo filter, I open only sell above 50% fibo and buy below. So 1,2,3 sell and tp at arrow 1. Then sell again at 4 and tp at arrow 2. Then buy ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 5, 2014
Yea....perfect! It's only one way to choice the direction to initially open the grid.
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 5, 2014
Typical case when we are near/in high impact news. I think the solutions can be: 1) if grid is in gain, close the grid 30 minutes before news 2) if grid is in loss, hedging the opened positions. I mean, suppose I have 3x1 buy opened, I open a 3lots ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 5, 2014
of course....here it is.... file
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 4, 2014
mmmmmm....why not? A good idea! Anyway we can close S1(bis) and S4 at 50% fibo (our polar star) and then waiting for the next signal (up or down 50% fibo).
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 4, 2014
actual situation.... how to read the picture: actual range: ADR (% actual/ADR) - spread - pip's value in $ url image
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 4, 2014
GBPNZD for its great ADR (use indicator attached...set 10 days). S1 (S1 bis...my mistake) and S4....isn't TP at arrow 3? I'm wrong?


MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 4, 2014
Hi spiderman....current fibo, to compare where grid's levels are positioned.
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 4, 2014
Short S1, S2, S3 close at tp at arrow1, because grid is above 50% fibo (dotted white line); then open a long L1, cause grid is below 50%; then close L1 and open S1 (sorry....my mistake) at arrow2 and then S4; both closed at tp at arrow 3; no open a ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 4, 2014
Dear friends, I want to suggest you this upgrades: 1) consider only exchanges that has an ADR (average daily range, period 10 or 20) that is >=60 pips 2) consider the 50% fibo line; if grid lines are above 50% line than we consider only sell signal, ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 3, 2014
Hallo KFX. Thks, that's very clear!
Can you make an example also for x4, x8, x16, x32, please? And so far, can you explain how we have to proceed from one "x..." step to another (for ex. from x4 to x8)? Thank you . 
MGH System (Martingale Grid & Hedging)
- xlcharly replied Aug 1, 2014
Hi Kfx. I'm trying to understand your strategy. Sell case: "When price comes from below and touch a grid level (level 1) TP: Next level (10 pips). If the price rises 10 pips, add a buy (level 2)"....second trade buy or sell? So third trade: buy or ...
MGH System (Martingale Grid & Hedging)
- xlcharly replied Jul 29, 2014
Udine, sorry if I post again my question, but I'm trying to understand as well as possible this good strategy. Hi Udine. I'm new in ff and I started my experience here reading your awesome thread. Nothing to say....you're great! Excellent strategy. ...
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