Its a form of trailing stop based on ATR. Here's an article about it. url

What the heck is a CHANDELIER EXIT?

Why the hedge? Why not just trade the EUR/CHF?- Its essentially the same thing. Actually, why either one? If you want to stake out a long position on a pair and trade the pull backs, why not a pair that you might collect SWAPS on like the GBP/JPY? ...

Hedge Trading

"You cannot reason a person out of a position he did not reason himself into in the first place" Jonathan Swift

Hedge Trading

This is like playing Whack-a-Mole. It looks like hedge/grid/martingale is a sudden epidemic. I picked up a clue where it may be coming from. There is a grid/martingale thread going now in the beginners section. Something was mentioned over there ...

Hedge Trading

Mike and Mike, Thanks guys. Great explanations.

Sedona- A system for inactive hours

Great results. I can't see your image well enough to tell exactly what you are doing. Do you enter at the high/low? Stop loss=1.00. What does that mean? Thanks

Sedona- A system for inactive hours

I'm amazed at how many of these hedge schemes pop up on these forums. The same with martingales.

Spreading Strategy

I think you're talking about InterbankFx's MT4 platform. The Sunday bar throws me fits also. If I have an indicator that depends on daily bars, I use Alpari's MT4, which does not have the odd Sunday bar.

Avoiding sunday bar for indicators

The only time you should increase your trade size (as a % of your total account) is if the expectation of winning increases. Martingale (of any kind) is based on the false premise that you are more likely to win after one or more losses. You aren't. ...

Possible Trading Strategy?

TeamAphid said they used it on GBP/USD, GBP/JPY and EUR/AUD.

The Bat...a strategy by Team Aphid

None of them use GMT time except Interbank. If this will help- as i write this it is 23:32 GMT. It is also 7:32PM EDT.

NFP System - Backtest data provided

Yes thats true. To complicate it further, Europe and the UK don't go on DST the same time the US does.

NFP System - Backtest data provided

Interbank has server problems even without the news. Its better now that it was a couple of months ago. Before they beefed it up, it would sometimes take 2 or 3 minutes before it would accept an order and it happened most of the time. It still ...

Interbank FX

Thank you

FXDD Time Standard?

Looks good. I have a few questions. What do you use as a SL? Do you use the MACD for reentry? Do you reenter on a touch of the 100MA with no other confirmation? Thank you

Simple 4 Hour System

No. They paid over $40 at one time. I know for a fact they did. GBP/JPY being at historical highs has nothing to do with it. Its the interest rate differential set by the central banks.

Profit on Fluctuation System: Hedged

I'm pretty sure Team Aphid said they trade this on GBP/USD, GBP/JPY and EUR/AUD.

My Bat from team aphid trades

I don't use Oanda anyway. I quoted their rates the other day because they are easy to find on the web.

Profit on Fluctuation System: Hedged

I got $40 something a day because the last time I checked - and its been awhile-thats what they paid. I believe it was $48. I don't know Oanda's policies for payinig SWAPS. If its as you say, it wouldn't matter anyway. These positions are long term.

Profit on Fluctuation System: Hedged