- Search Energy EXCH
- fxtrader2k7 replied Jul 21, 2008
Do you have a spreadsheet program? Enter all the pertinent details of each trade on a new line and have it calculate the loss or profit when you enter the current price.
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 18, 2008
If you look at that way, that would be your way of MM. It seems preverse to want the market to go against an existing trade to profit in a new trade unless you have some strong indicators telling you that is going to happen. If the indications are ...
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 18, 2008
The simple answer is YES. The complicated answer is NO. Until the existing trade is close completely; if you open a trade in the opposite way you are hedging the hedge. If the trades are exactly the same size what you gain on one trade you will lose ...
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 17, 2008
Quote: Originally Posted by stevegee58 image I just thought of something. Suppose you went long yesterday and never got an exit condition. So you held overnight and now the midnight open is at a different price and the levels are all shifted. Now ...
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 17, 2008
In looking over your trade positions, I see you are using a 1 to 2 ratio on the lots. It should be 1 to 1.6, hence you are .8 of a lot out, and you are no longer USD neutral. I suspect that is the cause of your problem.
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 16, 2008
close 1/2 of my trade at -.41 (entry @ -.66 + .25 = .41 all base don Mon's numbers) or looking at today's numbers @ +.22 Total profit on that half of trade is $151.08
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 16, 2008
LOL..we need the NITRO!!!!
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 16, 2008
It may not have enough strength with London just about closing.
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 16, 2008
You are absolutely right about looking for the perfect setup. In reality how a trade works in the end is all about MM. All I am saying is if there are signs of a storm coming, one needs to take steps to protect oneself. Upon reflection, if I was ...
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 16, 2008
Time to exit? — have a look at the E/Ch daily chart attached. Today it broke through support that was tested several time in the last couple of months. With the turmoil in the financial markets, are we headed for a repeat of last Feb Mar ...
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 16, 2008
Yes...on ODL demo with 1 lot long on E/U swap was $3.00 and 1.6 lot long on U/C $2.38. I enter my first trade at -.66% and currently basically b/e. I know it's off topic, but the trade I am in is almost the ideal carry-trade setup. $5.28 daily ...
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 15, 2008
I was hoping you wouldn't hijack Spieler's thread; but rather start one of your own. Thanks for the tip regarding breakout methods.
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 15, 2008
Would be so kind as to share with us some of those methods?
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 15, 2008
Joining the party late — Just finish reading the whole thread and d/l Swingman's EA and indicator. Demoing on ODL when E/C was -66% Long 1 lot E/U 1.5998 Long 1.6 lot U/C 1.0041 in at 12:03 GMT Currently @ 12:24 GMT -$20.00 (b/e) basically
Hedge trading spieler system derived from futures spread trading
- fxtrader2k7 replied Jul 14, 2008
Just stumble onto this thread. Read the first few pages and then fastward to the end here. I am on MT4 and will d/l all the ea and indicators for it and test.
Pivot Point Squeeze, high probability system
- fxtrader2k7 replied Jul 8, 2008
I am glad you got some good pips with this trade. However I didn't see a valid signal according to Endroute's system from your chart. I see the cross of the EMA's 4 candles prior to your sell entry, but there was no close of any candle either before ...
The art of Trading MAs
- fxtrader2k7 replied Feb 22, 2008
First of all, charts don't display pip values, they display prices. The prices displayed on most charts is the bid price (the price you sell at). This is based on the brokers point of view in conducting the transaction. They are making a bid on the ...
the key to the mint
- fxtrader2k7 replied Feb 22, 2008
It's a 2 edged sword. It also turns a +30 pip trade into a +19 pip trade (that's what happen in my UJ short tonite). Just need to be aware of it. On a day where the ATR is small and there is a big movement during your trade you will miss some of the ...
the key to the mint
- fxtrader2k7 replied Feb 14, 2008
Thank You Harold — I just join this forum a few days ago. Thanks for sharing your system and knowledge. Good luck in your future endeavours. Hopefully you can find time in the future to pop in the room for a visit. We will welcome you with ...
the key to the mint
- fxtrader2k7 replied Feb 8, 2008
Not trying to put word in Leeb's mouth, but I think this system was intended to be a set and forget it...at least that's the way I read it from his instructions.
Sharing a method which has been profitable so far