Fair enough. Maybe now we can give the OP his thread back .

No SL No Leverage Strategy - working so far

Unfortunately no... You would have to take into consideration the crosses between nzd, usd, cad, chf and jpy. What the arbitrage example we have been doing does is this: Say we have EUR/USD = 1.2000 USD/JPY = 100.00 EUR/JPY = 119.00 Theoretically, ...

No SL No Leverage Strategy - working so far

But this benefit is an illusion. It is the same as closing your position, except for two little tidbits - you PAY an extra spread, and you PAY overnight interest on longer timeframe trades. Just close your position normally, deal with the emotional ...

No SL No Leverage Strategy - working so far

I agree with that wholeheartedly. You should have ended your post there . There is no difference between the concepts. It is the same concept. By hedging, you are closing your position, but paying for it. It makes no sense. There is no such thing ...

No SL No Leverage Strategy - working so far

What's the connection between arbitrage and accounting? Arbitrage is a way of taking advantage of price differences between things that are supposed to have the same price. By engaging in this type of arbitrage, you are buying the instrument that is ...

No SL No Leverage Strategy - working so far

I never said you used it, but you are defending it as a legitimate way of mitigating risk, which it is not.

No SL No Leverage Strategy - working so far

Arbitrage is the mechanism by which the prices between a cross and its components always stay connected (aside from small oscillations). It has nothing to do with accounting. The only time I mentioned accounting was on the separate topic of hedging ...

No SL No Leverage Strategy - working so far

The short answer is that if JPY is strengthening against USD, and EUR is weakening against USD, then it follows that JPY is strengthening even more against EUR. The long answer would be to write this as a mathematical function and to plot it with a ...

No SL No Leverage Strategy - working so far

So it went from being "false" to being "true but worthless". That's a step in the right direction . It is also not worthless however, if you consider the relationship in your analysis. Trading opportunities can be confirmed and can sometimes even ...

No SL No Leverage Strategy - working so far

You're right. The original topic has nothing to do with hedging/nedging. It just irks me a bit when people start recommending nedging as a way to improve someone's trading, because it is mathematically impossible to do that. It shows inexperience ...

No SL No Leverage Strategy - working so far

The hedging term is NOT used in forex generally. It is used in RETAIL forex by brokers who bank on the fact that most inexperienced traders can be easily duped by an accounting trick. Unfortunately, it has now become so pervasive that it obscures ...

No SL No Leverage Strategy - working so far

Since neither one of us is going to really call the SNB to ask that question, let's continue speculating . I bet you 1000 pips that if you asked anyone at the SNB if hedging was defined that way, they would laugh and hang up. Show me one place ...

No SL No Leverage Strategy - working so far

Please note I've changed the emphasis. Buying and selling the same currency pair in the same market at the same time is not hedging. It is called being out of the market. Only your NET position matters. Let's go with cars on this one: say you buy a ...

No SL No Leverage Strategy - working so far

There is no fallacy. Any differences are immediately arbitraged away by algos. If there was any significant difference for any significant period of time (milliseconds), this would produce a huge arbitrage opportunity. It would mean free money for ...

No SL No Leverage Strategy - working so far