Golden-way, It's pretty much self explanatory as described in post #1. I would suggest to get out a pencil and paper and write it out. That's how I do it... I have to explain that I don't use charts with this method, I only use my data feed and a ...

Volatility-based Trend Trading

Hi 21vs7, Thank you for your questions! Regarding news volatility, it's only during a news event that I delay placing a pending straddle order, So for instance, if I have an open position that gets stopped out during news-induced volatility, I won't ...

Volatility-based Trend Trading

UPDATE: 7:00 pm, EST_Friday, Feb 2-19-16 Open positions: none Closed Positions: GBPUSD: Buy 536 units @ 1.4305; opened 2-18-16; stopped out @ 1.4305; Pip P/L = 0 pips (Re-entry trade #2) GBPUSD: Buy 536 units @ 1.4333; opened 2-19-16; stopped out @ ...

Volatility-based Trend Trading

UPDATE: 7:30 pm, EST_Thursday, FEB 2-18-16 Open positions: EURCAD: Buy 404 units @ 1.5214; opened 2-18-16; stop-loss @ 1.5174; current Pip P/L = +40 pips (Re-entry trade) AUDNZD: Sell 773 units @ 1.0788; opened 2-18-16; stop-loss @ 1.0811; current ...

Volatility-based Trend Trading

UPDATE: 7:00 pm, EST_Wednesday, FEB 2-17-16 Open positions: EURCAD: Sell 404 units @ 1.5457; opened 2-16-16; stop loss @ 1.5295; current Pip P/L = +249 pips (Re-entry trade); have locked in +162 pips AUDNZD: Sell 773 units @ 1.0811; opened 2-16-16; ...

Volatility-based Trend Trading

UPDATE: 8:00 pm, EST_TUESDAY, FEB 2-16-16 Open positions: EURCAD: Sell 404 units @ 1.5457; stop loss @ 1.5538 (81 pips); current Pip P/L = +21 pips (Re-entry trade) GBPUSD: Sell 536 units @ 1.4445; stop loss @ 1.4333 (56 pips); current Pip P/L = ...

Volatility-based Trend Trading

UPDATE: 8:00 pm, EST_MONDAY, FEB 2-15-16 Open positions: EURCAD: Sell 404 units @ 1.5498; stop loss @ 1.5498 (81 pips); current Pip P/L = +102 pips GBPUSD: Sell 536 units @ 1.4445; stop loss @ 1.4501 (56 pips); current Pip P/L = +8 pips AUDNZD: Buy ...

Volatility-based Trend Trading

All I will say is that the only way to prove it to yourself is to trade it live with a small account... Best, Dave

Volatility-based Trend Trading

This should be an interesting discussion... Dave

Market Neutral Corner

Update as of 8:00 pm est, Monday Jan 4, 2016: Current open trade(s): none Today's closed trades: EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); closed @ 1.5155 (P/L = -$2.00) EURCAD; buy 190 units @ 1.5200 (opened 12-29-15); closed @ 1.5155 (P/L ...

My Grid-Hedge Journal

Update as of 2:00 pm est, Thursday Dec 31, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 EURCAD; buy 190 units @ 1.5200 (opened 12-29-15); NO TP EURAUD; sell 165 units @ 1.5050 (opened 12-29-15); NO TP ...

My Grid-Hedge Journal

Update as of 10:00 pm est, Wednesday Dec 30, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 EURCAD; buy 190 units @ 1.5200 (opened 12-29-15); NO TP EURAUD; sell 165 units @ 1.5050 (opened 12-29-15); NO TP ...

My Grid-Hedge Journal

Hi Fbird, I just realized a gaping hole in my grid-hedge system. For the scenario that you describe, the only way it's going to work is to leave open all the positions and wait until the balancing occurs without opening any new positions. ...

My Grid-Hedge Journal

Update as of 8:00 pm est, Tuesday Dec 29, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 EURCAD; buy 190 units @ 1.5200 (opened 12-29-15); NO TP EURAUD; sell 165 units @ 1.5050 (opened 12-29-15); NO TP ...

My Grid-Hedge Journal

Update as of 9:00 pm est, Monday Dec 28, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 Today's closed trades: EURCAD; buy 190 units @ 1.5200 (opened 12-23-15); closed @ 1.5263 (P/L = $0.86) EURAUD; sell ...

My Grid-Hedge Journal

Update as of 4:00 pm est, Thursday Dec 24, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 EURCAD; buy 190 units @ 1.5200 (opened 12-23-15); NO TP EURAUD; sell 165 units @ 1.5089 (opened 12-23-15); NO TP ...

My Grid-Hedge Journal

Hi ScalpingEA, My trading approach is long-term, so the spread I pay is less than 5% of the take profit target. Best, Dave

My Grid-Hedge Journal

Update as of 8:30 pm est, Wednesday Dec 23, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 EURCAD; buy 190 units @ 1.5200 (opened 12-23-15); NO TP EURAUD; sell 165 units @ 1.5089 (opened 12-23-15); NO TP ...

My Grid-Hedge Journal

Update as of 8:30 pm est, Tuesday Dec 22, 2015: Current open trade(s): EURCAD; buy 191 units @ 1.5300 (opened 12-21-15); TP @ 1.5400 Today's closed trades: None Pending orders EURCAD; buy 192 units @ 1.5400; TP @ 1.5500 EURCAD; buy 190 units @ ...

My Grid-Hedge Journal