That is true for most of the time - same pair hedging has no direct benefit except psychological, and to preserve a position temporarilly, for example while going to sleep. There are a few startegies that employ same pair hedging; ie grids, but ...

Pitbull Trader with Position Building

Actually not all of these "guys" are only spaming. I had a reply before from qwrt00, and I have read some of his posts. He is not an idiot, and he has made many good points on many other posts. I also dont think his problem was a "no-stop trading ...

Pitbull Trader with Position Building

I was going to post a long frustarted reply in here to all those posters trashing this method, but I wonder... How about this would any one of you care to actually engage in an intelectual conversation. There are some that did post opinions that are ...

Pitbull Trader with Position Building

Well, how / why is my first assumption wrong ? explain please As to number 2, it is a matter of going wrong on the short trend within a larger trend, and rebalancing the trade with a larger position, not 2X but somewhat lesser once the trend has ...

Pitbull Trader with Position Building

Do you expect an exact, easy 1 2 3 explanation? Think about it... Then perhaps lets just stream that into an EA and voila we have the holy grail dont we ? The answer is simple, you need to apply all of your trading knowledge and sound trading ...

Pitbull Trader with Position Building

-- He leverages high during triple swap to take adventage of interest. If you can same pair hedge, doing this is not a dire practice, and you gain easy interest money. -- It's not a "double down". Advise given in videos was to open aditional trades ...

Pitbull Trader with Position Building

How did this thread turn into this? What possibly can you have against learning all of this information? Have you actually bothered to look at any of the videos that were posted by Brian?? Have you considered that the information posted in those ...

Pitbull Trader with Position Building

You can also hedge with same currency pair with fxdd and citipro in USA

Pitbull Trader with Position Building

Hello Chips, This works well for same-pair hedging. For US brokers we need a little more work, since we have to pick something else to do a correlated hedge with.

Pitbull Trader with Position Building

I read something a few posts back, that someone states that there is no perfect hedge using correlated currencies. Please take a look at this page and please read all of the page: url , This will shed a light as to how correlation works and how you ...

Pitbull Trader with Position Building

Every intervention has failed thus far, it took about 1-2 weeks of pain in the interim however, and most stop were taken out. Now you if you hedge with usdjpy long, then you can sell the usdjpy long after the spike, and let the left side of the ...

Pitbull Trader with Position Building

What If - holding over the weekend — I wanted to post a what if scenario. It is good to look at possible situations and see what may happen in an account. This scenario is for real accounts, demo accounts will be affected the same, but demo ...

Pitbull Trader with Position Building

Yes not the news it self, the rate anouncement, the fundemental that extends low rates, and thus makes usd less desirable vs other currencies.

Pitbull Trader with Position Building

Hi Chips, Today is more about the Fed Dollar rates I think.

Pitbull Trader with Position Building

Indicator trades / Controll — In the original video presented by brijon for his strategy, his explanation is as follows. 1. Open the basket. 2. After the basket settles trade Last position ( For simplicity I will keep to that one only ) a. ...

Pitbull Trader with Position Building

US Alternate vesrion — Here is an idea that may make it easier for us residents to implement hedging, provided that you are not with FXDD or CITIPRO ( They allow hedging ) in usa. You will need to divide your account into 2, thus also reducing ...

Pitbull Trader with Position Building

If you want your hedge to be neutral (0) you would use sizes that will create an equal heddge, and there you just need to divide the lot cost to a base currency like USD, but it doesnt really matter since if you use .01 or .10 you will be close ...

Pit bull trading strategy by brijon

something interesting to read — Here article worth reading if you have some time. url . Unfortunatelly the bbc documentary is not available on youtube, but I am sure if you can find it with some creative effort since it is BBC. This also ...

Pitbull Trader with Position Building

ea — You could, but really that is not that important. That is just a macro, and anyway you will want to change the composition on a monthly or weekly basis anyway to augment for macro events, rate changes and fundementals and offcourse ...

Pitbull Trader with Position Building

re — I was not trying at all to complicate the subject, it is complex enough as is. You are doing fine with this approach and that is good, no matter what method you will use, account management is the key. "Printing Money" which simply means ...

Pitbull Trader with Position Building