To be honest, I'm not sure if quotes are correct. Because Buy EUR/USD: 1.3784 Sell GBP/USD: 1.6262 means 0.84762 ask price for EURGBP but ask price was 0.8474 in Caillou's post. So, EURUSD ask price divided by GBPUSD bid price gives us EURGBP ask ...

Hedge and Correlation Strategy

What I meant was if you trade 10000 units for EURUSD and GBPUSD and get 33 pips profit and compare it with 10000 units of trading EURGBP with 19 pips profit as your sample trade, you'll get very similar profits. As you can see, trade size is the ...

Hedge and Correlation Strategy

Have you compared the $$$ values of the profits instead of pips by including the spreads?

Hedge and Correlation Strategy

You are correct that they are negatively correlated pairs and he/she was warned a few times by dreamliner re. it was too risky to use this strategy with negatively correlated pairs. When you buy and sell negatively correlated pairs (buy EURUSD and ...

Hedge and Correlation Strategy

If you want to profit from imbalances in regards to negatively correlated pairs by hedging, normally you need to do the same operation for both pairs such as buying both EURUSD and USDCHF. In that case, while EURUSD goes up, for example, USDCHF goes ...

Hedge and Correlation Strategy

Try closing Mt4 and reopen.

Hedge and Correlation Strategy

Trading just before high impact currency specific news would be less desirable with this method especially if the currency exists only on one side of the correlated pairs. What I mean is if EURUSD and EURCAD are correlated positively at desired ...

Hedge and Correlation Strategy

Actually, it makes sense. Because if you short EURUSD and USDCHF, you are synthetically shorting EURCHF which has been in downtrend for a while. But instead of taking these two trades, you can only take EURCHF short trade. Regards,

Trend Following - A Complete Guide

On your NZDUSD weekly and daily charts, the price is above 200 EMA. So if you take the short trade on H4 when the trendline is broken, aren't you going to go against the trend as per your rules? Thanks.

The Big "D" Method

You cannot trade nr. 1 and 2 as they are used to draw the trendline or channel unless they represent horizontal SR.

Stone age trading method

Since you are not waiting for the candle close and your indi shows real time status, is it possible to add a feature to indi which shows the price the signal is given so that if a trader is not in front of the screen while the signal is given, ...

Murrey Advisor by MoStAsHaR15

It was a major DSRI and there were a lot of sellers behind that DSRI before it was broken on May 1st, that was the reason we saw such a huge bearish bar (sellers became confident that they had the full control). It is still valid because of support ...

Strat's Long Term Stress Free Trading

Although I spoil them rarely, some hard working students of yours really deserve it.

Strat's Long Term Stress Free Trading

EURUSD — Although the price is above major SR at 1.29, it cannot go further for the last three weeks. The reason is the blue DSRI line on weekly chart. If it is cleared, there is no obstacle until 1.37. Therefore we need to watch PA between ...

Strat's Long Term Stress Free Trading

I have attached GBPUSD daily and weekly swings according to my interpretation of swing lows-highs. Others may have different swing highs-lows unless they are so obvious, so it is a little bit subjective issue. As you all know, different time frames ...

Strat's Long Term Stress Free Trading

From the picture you have attached, it seems you are checking LL-LH-HH-HL for individual bars. Instead I recommend you to learn to read bigger the picture first (swing highs-lows on bigger picture).

Strat's Long Term Stress Free Trading

EURJPY — We have a major SR on that congestion area you showed on your chart.

Strat's Long Term Stress Free Trading

EURAUD — A nice, clean downtrend since 2009 and are we near the end of it? Why not? Check out recent volatility. It is common to see this much of volatility during trend changes. The boss bar with blue arrow has 1514 pips range and still ...

Strat's Long Term Stress Free Trading

EURUSD — If EURUSD will continue its recent upward move, we need to see a weekly close above 1.30 for a possible 1.37 test, IMO. If not, a close below 1.29 would be encouraging for bears. As always, watch out for PA.

Strat's Long Term Stress Free Trading

Pip count is not important in this business. I may lose 150 pips but it will represent only 1-2 % of my capital.

Strat's Long Term Stress Free Trading