Isn't this similar to a carry type trade, your yield is your swap? Find a broker who pays good positive swap on EURUSD shorts and say EURCHF longs and then a zero or very low swap broker on USDCHF shorts? Set the right lot sizes to be fully hedged ...

A small X-Mas present; concept for leveraged ETF Arbitrage

Short EURUSD and long EURCHF since 18th December, swap positive, adds every 1% on differential. Hope EURUSD keeps going up for the adds, matters not to me as getting paid every day in swaps and making on USDCHF sells. USDCHF is zero swap for me I ...

The Swamp

My EU/UC grid set up as far as 1160 short EU and down to 9800 long UChf. If they make it that far then will re-assess for a flip. Will also be hedging the opposite way as well to be banking to cover costs and provide a further hedge. Won't be ...

The Swamp

What we already know, restated. url

The Swamp

My broker's a bit out with that. Lowest quote is 1.10688. Usual messing I guess. image

The Swamp

Too early for me to punt on EURUSD. Don't think it's going to collapse just here, would like to see a spike up for a decent entry short. Otherwise I'm sidelined. Nothing on AUDCAD vs EURAUD, nor USDJPY vs GOLD. Could be wrong of course and may miss ...

The Swamp

Better entries this time. Against trend but at an extreme. image

The Swamp

hahaha you are right of course. Things do change. It did for me. So how can I disagree with you? I can't.

The Swamp

I have written sure thing and run it for some years. I am (was) a programmer. It involved capturing the negative alpha from a trade set. I can tell you precisely what to do, but you need to be a bank with leased lines not SIP for it to work now. You ...

The Swamp

I appreciate the insight for sure. I'm from the algorithmic world where the emphasis was betting on a sure thing (e.g co-integration of an index future to its cash counter-part). This didn't involve MA's or pivots or any indicators. So alot of ...

The Swamp

Good information thanks. I do something with 200 SMA at the moment, but it's statistical along with alot of other stuff relating to co-integration and the like. It doesn't really fit with standard charting at all but came here to learn and fall on ...

The Swamp

I'm not at a level where I understand the mechanics of what you are saying. Still reading alot of older posts to learn more about charting as it's not something I usually depend on. Thank you for the insight I'll look into it more.

The Swamp

Not averse to the idea of flipping against strong momentum.... but with swap on side, no panic. Not a great swap pair though these two

The Swamp

In again GBPUSD / EURGBP. Could go either way, ready one way or the other. image

The Swamp

No-one spotted that one! Bahhhh. Gator, swamp, muddy water? It was pretty lame.

The Swamp

Possibly except for a close back inside maybe. There are other statistical advantages for trading EURUSD and USDCHF at those levels, but won't muddy water as it is complicated and hard to predict in advance. Just have to trade it as it pops up.

The Swamp

I agree with your solid idea. I think 1065 stops will get taken as I said yesterday or day before, probably during NFP as part of a move that you already outlined. I can't trade this pair until EURUSD makes a move to at least 1127 then want to see ...

The Swamp

First 30 out, protect book 1st priority. Good luck image

The Swamp

GBPUSD and EURGBP has gotten to levels where I am taking a flirt on this set. It's not for everyone but I like the contrarian approach with hedged risk. I'm selling GBPUSD and buying EURGBP. Not recommending anyone to follow.

The Swamp