Hi MB, What about the following 5 pairs instead: Long AUDUSD Short CHFJPY Long NZDUSD Long USDJPY Long USDCHF This leaves us about the same net positions as in your 6 pairs. I made a comparison of pure interest income between the two baskets. ...

What do you folks think of this basket?

Thank you MB. Good TradeVesting to you. Regards, Matsu

Cash & Carry (Grid) Results

Thanks MB. You might have taken profit on your GBPCHF 'add-to' by now. I agree with you about averaging down. Currencies never go to zero like ERON did. I use averaging down too, and use low leverage. Regards, Matsu

Cash & Carry (Grid) Results

Good results MB. Three of your four pairs are near or at their historical high/low. Do you have any contigency plan when they retrace big time? Thanks, Matsu

Cash & Carry (Grid) Results

You can find the calculations here:http://www.incrediblecharts.com/technical/dms_construction.htm

New Concepts in Technical Trading Systems

Both should be SMAs, not EMAs

Lost in the Tunnel...

No. I read about these two pairs on another forum. I started demoing to check on the interest returns, but soon realised there were profit taking opportunities. In my opinion it would be a concern if USDJPY is near historical high. I would need to ...

Currency Basket and Carry Trading

Here's the followup: http://www.tradethemarkets.com/video/gain1115/gain1115.html Thanks to Beachie for the first webminar. Regards, matsu

Got 30 or so minutes to spare?

Anyone carries just 2 pairs? — I have been demoing with just 2 pairs for two months now. The result looks good so far, but it has its risks, I presume much more than carrying 10 or more pairs. The chart shows the result so far. Pairs traded: ...

Currency Basket and Carry Trading

Why Triple Interest — From 'GAINING AN "EDGE" IN FOREX TRADING' http://www.fxstreet.com/chat/transcripts/20050830chatsession.asp Another important point about interest credits and charges relates to that day of the week, usually the end of the ...

Cash & Carry

So can you please share with us why did you stop trading four pairs? What was the risk? Matsu

Cash & Carry

I have been demoing on 2 pairs. Except for the first TP where I got excited at the profit opportunity and closed both positions ( I started the demo purely as a carry trade experiment), for subsequent TP's I only closed the profitable pair, but ...

Cash & Carry

Hi Michael, May I know why would you have an uncle point for this system? Would you consider injecting more cash into the system when -30% DD is reached instead? Matsu

Cash & Carry

If I get it correctly, for a short, the second bar need to close lower than the low of the first bar. I am not trading these setups yet. I am waiting for Jim's pf. Regards, Matsu

james16 Chart Thread

Ouch.. That brings back memories of the 5xxx system I, and many others thought was a cash cow. I spent tons on feed and just got drops of milk in return. Luckily I was told it only needed to be fed maximum twice a day. Some others had to get up in ...

New found: EST 8PM 30 mintues bar

Congratulations Diallist! 72% in two months is quite an achievement. I am currently only making baby steps towards recovery. Hopefully when James16's course is ready I will be able to make quantum leaps. Thanks again, that's very encouraging. Matsu

Fully recovered!! Newbies take note!!

Merlin, How different is it from writing covered calls? Matsu

beat the market by Ed Thorp

It is 25% (just an example) of the total open positions. Trade size is based on a percentage of the account value. I tested on several pairs, but not many. Anyway I have stopped doing it for the time being as I reckon it would require a lot more ...

Lichello's Automatic Investment Machine

This is where Lichello's come into the picture. As an example, at every TP level, if there is at least 100 pips profit compared to the average price of open positions, then 25% of open positions would be closed for profit. Matsu

Lichello's Automatic Investment Machine

To answer your questions: The chart was based on trading USDCHF between 28 Aug 2002 and 23 May 2005. Of course you need to diversify in real trading. You could be in for some very nasty surprises if you trade only one pair. Grid interval was 100 ...

Lichello's Automatic Investment Machine