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Proximus replied May 22, 2014Hi eitan do u use hedging to cover a loss or just simply trade in 1 direction given by the indicators?
Eitan's Project
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Proximus replied May 22, 2014NO! As they both enter the same time in the trade, they both open a position.Now obviously the market maker cant cancel his clients position forbidden by law, so he must stay in the market atleast as much as his client. But BANK B is with the trend, ...
Do you believe this market is random?
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Proximus replied May 22, 2014I meant from the traders perspective
My bid is where is sell my ask is where i buy 
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Proximus replied May 22, 2014Ok let me explain it very basically: Look banks can be either market makers or prop traders, or both but not both on the same market.I think there is a NFA reglementation for US banks about this activity. So basically there is BANK A which is a ...
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Proximus replied May 22, 2014If he lowers the bid too much versus the ask (because the ask wont move if there are no buyers right), that will cause a huge spread and nobody will do business with that market maker. Or worse, seeing that the bid is very lower than the ask , big ...
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Proximus replied May 22, 2014Ok lets recap, we won 3 trades , or actually i have closed them because i see that it was too overleveraged, so we will stick to maximum 0.06-0.07 lots on either side or else risk a margin call. So now that its eased, we will let the other pairs ...
Hedge like a madman...
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Proximus replied May 22, 2014Hey thanks, actually i`m working now on a new hedging strategy which will do the same but designed for a smaller account.The trade explorer will be in my signature. If it works i will start it live with 100€ and as the % increases i will gradually ...
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Hedge like a madman...
Started May 22, 2014|Trading Journals|58 replies
Ok this will be my personal journal where i will try a new hedging strategy that will ...
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Proximus replied May 22, 2014Yeah well obviously big banks are not stupid and wont buy the dollar when the USA is in big mess, but not because it matters anything.The economy is not really conected to the market (see 1929 crash), but because the liquidity points in the ...
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Proximus replied May 22, 20141) Jonny is a stereotype, 90% of retailers are like Jonny 2) Big boys have also their plans, they enter at market opens (NY-London-Sydney-Tokyo-Shanghai , Bond and other market opens) or at news, otherwise you dont see really much movement, they may ...
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Proximus replied May 22, 2014More than 57%, but remember that not all bank cash is their proprietary account.Pension fund & hedgefund funds are also routed through banks, but the banks use them as leverage for their proprietary trading. And dont think of them as evil, because ...
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Proximus replied May 22, 2014Let me illustrate my previous post in a nice drawing that i made.This picture will explain the entire market and how it works. But please excuse my lack of artistic skills

image Do you believe this market is random?
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Proximus replied May 22, 2014Listen to PipMeUp he knows what he is talking about
However let me explain better this sentence: Suport is only a technical term.What really goes on is that big boys acumulate orders of one type so that their orders to fill in.So for example if ...Do you believe this market is random?
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Proximus replied May 22, 2014Can u elaborate further what exactly happened at those trend line changes, and not the big trend the Obama-Bush change, but the smaller ones? Like there were elections in the EU aswell. And i remember from economy class that there are economic ...
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Proximus replied May 21, 2014These are the indicators which i thought will match your system, it just needs to be configured correctly with your system. No they are my own work which i`ve done a few months ago.I`ve made many indicators but i`m very bad at configuring them, i ...
Eitan's Project
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Proximus replied May 21, 2014You mean the heiken ashi, nope it doesnt repaint, but the fractalizator does if the right value is >1 Try this file
Eitan's Project
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Proximus replied May 21, 2014If anyone can test my 2 indicators which i posted above and incorporate somehow in this strategy it would be nice.It would be much simpler than with those other ones. But careful at the fractalizator, if you set the right period other than 1 it will ...
Eitan's Project
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Proximus replied May 21, 2014Eeeeeh, its really hard to make sense of those indicators without the source file.I noticed that 3 indicators dont have the source files and without those its impossible to unite them. However we could change those to something else, i think 3 of 5 ...
Eitan's Project
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Proximus replied May 21, 2014And also dont confuse uncertainty with randomness. Now technically its totally non-random, but it is uncertain.Thats the difference. So basically just like weather forecasting: You can predict the weather by looking at wind speed and water levels in ...
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