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- Mr4x86 replied Mar 3, 2020
I would like to know more about this system and how entry trades are decided within FX. I have tried for over a year to come up with something that works with correlated currencies as I love correlations but eventually the correlation changes and ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Mar 3, 2020
Since I don't use MT4, you'll need to find someone who can do a cAlgo to EA converter. Code below is for the auto trader with variable parameters for optimisation. cTrader has only in its recent versions allowed backtesting with multiple symbols, so ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Mar 3, 2020
Good work - I should have done 10:1 ratio too lol... One thing I forgot to mention, you may as "why not go long 1 US30 and short 10 US500?". You can try it, last night it probably would have worked, but I backtested that too and the drawdown ends up ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Mar 3, 2020
I am with Pepperstone in Australia which allows 0.1 lot size of both US30 and US500 with 1:200 leverage. margin requirement is about 20 bucks each and can safely trade with 2k minimum account size. I went 0.1 short and 0.9 long yesterday, being ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Mar 1, 2020
Hi Anthony, The smallest lot size for US30 with Pepperstone is 0.1 lots, which means I can go 0.1 lot US30 and 0.9 lot US500. I understand a lot of brokers only offer minimum lot size of 1 for US30, which means the minimum lot size for US500 is 9, ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Mar 1, 2020
Pepperstone swap-free account
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Feb 29, 2020
Hi guys, Sorry for the late reply, I've been working quite a bit and with family commitments etc I haven't been on this forum. As you know the latest market drop was pretty hectic, and it made me realise that my ratios long/short were out a little. ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Feb 21, 2020
IC Markets only charge an overnight fee on exotic pairs, which they list on their website. They do not charge a fee, admin charge, etc, on any major or minor forex pairs or indices trading. This is a huge advantage if you wanted to say, go long ...
IC Markets - Islamic Non Swap account
- Mr4x86 replied Feb 21, 2020
I would say start with a demo account, and try for 1 lot US30 and 10 lots US500. This gives you some room to maneuver in terms of draw down and having the ability to place the trade a second time if it moves too far in reverse. The other thing I ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Feb 20, 2020
Attached screenshots of my trades on my live account from last night. Check the opening and closing times, and you can see where I have made profit during both a rising and falling market in a single session. You see the closing times are hedged ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Feb 20, 2020
Sorry let me clear it up a bit. This is the trade: US30 = Short US500 = Long Margin-wise, 10 lots of US500 is worth the same as 1 lot of US30, at least for my broker. It may be different for yours. Place the 2 trades as I have said and if one moves ...
Hedge Trading the US Market using 2 symbols
- Mr4x86 replied Feb 19, 2020
Absolutely aware, and I live in Australia where I can be fully hedged with 1 currency pair. It was more of a comment for people who can't... But being 100% hedged in one pair sort of defeats the purpose of this method, as you'll always be stuck in ...
Hedge Trading the US Market using 2 symbols
- Hedge Trading the US Market using 2 symbolsStarted Feb 19, 2020|Trading Systems|50 replies
Hi everybody, Lately I have had some success in trading with a hedge involving the US500 and US30 ...
- Mr4x86 replied Jan 24, 2020
Pokies in WA are allowed in the Casino in Perth, and that's it. They do not exist anywhere else in the state. The closest thing to gambling outside Crown Casino Perth is your local TAB with sports betting, but there are zero pokies. How much per ...
ASIC deals massive blow to Australian CFD industry
- Mr4x86 replied Jan 24, 2020
Low risk for me = hedging a nearly perfectly correlated pair which does not stray from 90-100% correlation over time, thus capturing profits when the correlation reduces very slightly in your favour, whilst having plenty of margin to accommodate the ...
ASIC deals massive blow to Australian CFD industry
- Mr4x86 replied Jan 24, 2020
Maybe for some, but I'm already running a pretty airtight hedge that I take profits on when it hits +$300 equity, and I'm using ~$1700 in margin for said hedge on a 1:500 account. Imagine what the margin cost would be to make the same trade if I was ...
ASIC deals massive blow to Australian CFD industry
- Mr4x86 replied Jan 24, 2020
I can tell you why.. Because some people have strategies that are very low risk but also very low reward, which means huge margins are needed. So now instead of being able to make x amount of dollars with a 5k account, I might need to have a 50-100k ...
ASIC deals massive blow to Australian CFD industry
- Mr4x86 replied Jan 23, 2020
Hi Guys, Amazing concept, basically gives you the advantage of using a brokers low-spread option without having to pay commission. I tested it on Pepperstone and it worked... Quick question - you reckon this can be adapted to cTrader? Or does that ...
Hedge Trade-panel
- Mr4x86 replied Jan 23, 2020
Thanks for your insight Lloyd
ASIC deals massive blow to Australian CFD industryI should probably be a little more specific with regards to point 1. If you read the fine print you will see that brokers can reverse your trades if they think you were somehow "cheating" them, they can change things ...
- Mr4x86 replied Jan 21, 2020
There are so many other things that could be done to help traders rather than decreasing leverage available to them. A good start would be: 1) In most brokers PDS they state how xyz can change, or your account can be frozen, etc "at any time" and ...
ASIC deals massive blow to Australian CFD industry