Screenshot update of EURUSD sell basket as of 12:00pm, EST. Price has to drop to 1.0444 to close basket at BE... image

Hedging/averaging trades without prediction

Thanks Rob. Since I have a daytime job, my screenshots will generally be from the evening, after NY close, EST, but hopefully I'll remember to take a few pics during the day and post those as well. Also, I'll try as best I can to describe ...

Hedging/averaging trades without prediction

Here ya go... url A "couple" of key posts, lol, from 2013-14: url url url url url url url url url url url url url url url

Hedging/averaging trades without prediction

Decided to start posting screenshots of my open trades... the good, the bad, and the really ugly... and will do this on a daily basis if it's ok with Rob....as you can see I'm currently in a lopsided EURSD sell basket, but I did this for a purpose, ...

Hedging/averaging trades without prediction

I must be on the Waveskierob bandwagon, lol, but here's another gem from the GBPUSD thread (post#635,279)... I like to start posting my trades, but unfortunately my trading style is not very exciting...

Hedging/averaging trades without prediction

more Rob tidbits from the GBPUSD thread (post#630,095)... Should be a complete paradigm shift for most..

Hedging/averaging trades without prediction

From GBPUSD thread (post#628,918)... So true...

Hedging/averaging trades without prediction

Hi Jim, I believe Phil stated several times that he started every month with multiple $250k USD accounts... Dace

Re-igniting Dancingphil's ZigZag strategy

OMG, I think I just pissed myself...

Hedging/averaging trades without prediction

So, I've read through all 46 pages of this thread.. and not to be an ass, but I'm not quite sure why folks are still insistent on posting TA, indicators, PA, etc...to determine the directionality of the market prior to opening a hedge trade, or ...

Hedging/averaging trades without prediction

Thanks!

Hedging/averaging trades without prediction

Hi Rob, About a year ago on the GBPUSD thread, you stated that you may have a hundred trades opened at one time... what is typically your trade size (percentage-wise) relative to your total equity? Thanks in advance, Dave

Hedging/averaging trades without prediction

lol, yes it is. Any endeavor for money (bet, trade, whatever) where a successful outcome is not 100% guaranteed is gambling. Look up the definition. Gambling legal definition of gambling - Legal Dictionary ...

1% to 3% Per Day? All things are Possible

"Market price has a behavior to retrace"....Until it doesn't and your account gets blown (unless of course your trade size is extremely small relative to your equity). I don't mean to be a pri*k, but you're Martingaling, and this forum is littered ...

Hedging/averaging trades without prediction

Well, not exactly true: assuming that your winning trades and losing trades have the same size, then while you are gaining a larger balance as you collect those TPs, your equity remains the same due to the equivalent pip/$$ draw down of the losing ...

Hedging/averaging trades without prediction

Similar, if not identical, to the idea that you're presenting...the problem is that correlations tend to go through cycles of de-coupling which translates to deep drawdowns if you don't have a sound money management program in place. url Best, Dave

Correlated Currency Divergence Strategy

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OANDA Discussion

update as of 7:35pm, EST image Pending Trades: AUDJPY, Buy 2002 units @ 85.65 AUDJPY, Buy 2002 units @ 86.15 Note: A NZDJPY Sell trade (2001 units) will be opened if AUDJPY drops to 84.65

(binned per thread starter’s request) Grid-Hedge Trades