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  #1 (permalink)  
Old 08-31-2006, 05:39 PM
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Lightbulb Buy Gbp/Usd and Sell Euro/Usd

....in a few days ago i'm testing my strategy just for fun. I do Buy on Gbp/Usd and lock with Euro/Usd.

I think if i dont profit maybe i have profit from swap anyway. But on next 2 or 3 day it look profitable and not only the swap but my equity grows up quikly. more less 100pips per week.

I've been do this strategy on two week passing. I wonder anyone interested to try my strategy would you made me an EA base on this strategy :
- Buy on Gbp/Usd, Sell on Euro/Usd.
- The EA only just have to wait until total profit is on profit condition. Ex: 50pips profit then close both position.
- If no other position then enter both position again for the next waiting profit.

Risk : I think the losess is just temporary cus basicly the strategy is hedging position.But i dont know yet how much minus pips while waiting the profit conditions. If in a few days we can not have a profit, at least we have profit on sum of swap.

Can anyone help me to make this EA?
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Old 08-31-2006, 06:35 PM
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Quote:
Originally Posted by harryhid
....in a few days ago i'm testing my strategy just for fun. I do Buy on Gbp/Usd and lock with Euro/Usd.

I think if i dont profit maybe i have profit from swap anyway. But on next 2 or 3 day it look profitable and not only the swap but my equity grows up quikly. more less 100pips per week.

I've been do this strategy on two week passing. I wonder anyone interested to try my strategy would you made me an EA base on this strategy :
- Buy on Gbp/Usd, Sell on Euro/Usd.
- The EA only just have to wait until total profit is on profit condition. Ex: 50pips profit then close both position.
- If no other position then enter both position again for the next waiting profit.

Risk : I think the losess is just temporary cus basicly the strategy is hedging position.But i dont know yet how much minus pips while waiting the profit conditions. If in a few days we can not have a profit, at least we have profit on sum of swap.

Can anyone help me to make this EA?
why not just sell eurgbp
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Old 08-31-2006, 07:49 PM
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Quote:
Originally Posted by harryhid
....in a few days ago i'm testing my strategy just for fun. I do Buy on Gbp/Usd and lock with Euro/Usd.

I think if i dont profit maybe i have profit from swap anyway. But on next 2 or 3 day it look profitable and not only the swap but my equity grows up quikly. more less 100pips per week.

I've been do this strategy on two week passing. I wonder anyone interested to try my strategy would you made me an EA base on this strategy :
- Buy on Gbp/Usd, Sell on Euro/Usd.
- The EA only just have to wait until total profit is on profit condition. Ex: 50pips profit then close both position.
- If no other position then enter both position again for the next waiting profit.

Risk : I think the losess is just temporary cus basicly the strategy is hedging position.But i dont know yet how much minus pips while waiting the profit conditions. If in a few days we can not have a profit, at least we have profit on sum of swap.

Can anyone help me to make this EA?
HI
CHECK THIS OUT.may this help
http://www.fx-hedgefunds.com/modules/tinyd1/
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As always, who knows!?!.Let see what will happen....

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Old 08-31-2006, 07:49 PM
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Quote:
Originally Posted by ziko123
why not just sell eurgbp
Basic consept is hedging, meanwhile we Buy on Gbp/Usd, we try minimize risk by Selling Eur/Usd or meanwhile Sell Eur/Usd we try to minimize risk by Buy Gbp/Usd. Some time one of those pair is in profit better than lossing pair, so we have sum total profit in profit condition.
Ex : Gbp/Usd -30pips, Eur/Usd +50 = +20pips or
Gbp/Usd +50pips, Eur/Usd -30 = +20pips
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Old 08-31-2006, 08:00 PM
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Quote:
Originally Posted by kamyar
HI
CHECK THIS OUT.may this help
http://www.fx-hedgefunds.com/modules/tinyd1/
Thanks,...that is exactly the strategy what i mean....
Hetero Pairs Hedge Strategy (HePHS)
In this strategy traders open pair positions in several currencies, long and short in
direct currencies and long and long or short and short in indirect currencies.
For example GBP/USD long & EUR/USD short at the same time and same lot size.
The Sum of the P/L of these two positions changes and when the total Sum of these
two pairs reach to a specific profit, trader closes both positions at the same time. So
in this strategy positions are always in hedge condition and have very low risk than
other cases.

But I just want to have my own EA and management...
Thanks Bro........
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Old 08-31-2006, 09:11 PM
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Hmm, but don't you still need an indication of which to buy and which to sell? Otherwise you can wind up for example always buying (selling) the wrong one (the loosing one generates bigger loss than the winning one profit).
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Old 08-31-2006, 09:24 PM
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Quote:
Originally Posted by c4n
Hmm, but don't you still need an indication of which to buy and which to sell? Otherwise you can wind up for example always buying (selling) the wrong one (the loosing one generates bigger loss than the winning one profit).
1. Always Buy on Gbp/usd and Sell on Euro/usd cus total swap will be Profitable. ( I use interbankfx demo account )
2. I don't know yet when and how much the biggest losses while we wait the profit but according to my experiences, total losses is just temporary and quite very low cus both positions is always in semi hedge.
3. If you want to proof, better try your self on demo acc.
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Old 08-31-2006, 10:23 PM
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I've never read anything like this, heheh
everybody knows that this couple moves together
Gbp/usd up means Eur/Usd up and Usd/Chf down.

Hardly ever i've seen those three moving in diffrent order, (couple of days in year)

You won't make money that way, this is good but for fun, has nothing to do with trading, in fact that's crazy idea.

BTW from where did you get that count:

" Ex : Gbp/Usd -30pips, Eur/Usd +50 = +20pips or
Gbp/Usd +50pips, Eur/Usd -30 = +20pips "

I'm affraid it shold be like this
Gbp/Usd -100, Eur/Usd +65 = -35 or
Gbp/Usd +100, Eur/Usd -65 = +35

Sterling is more volatile, and for that reason, the diffrence in volatility will kill your account in no time , count it once again.

Hetero Pairs Hedge Strategy (HePHS) hahahahaha

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cheers
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Old 08-31-2006, 11:26 PM
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this idea is not new,my cousin trade something like that.he long nzdjpy for rate diferance (over 7%) and long usdjpy (jpy is not going stronger soon) and sometimes he only hedge with eurusd or gbpusd long .
main goal is to earn swap pips from rates and it is not small money
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Old 09-01-2006, 12:45 AM
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Hedging

Quote:
Originally Posted by Braindancer
I've never read anything like this, heheh
everybody knows that this couple moves together
Gbp/usd up means Eur/Usd up and Usd/Chf down.

Hardly ever i've seen those three moving in diffrent order, (couple of days in year)

You won't make money that way, this is good but for fun, has nothing to do with trading, in fact that's crazy idea.

BTW from where did you get that count:

" Ex : Gbp/Usd -30pips, Eur/Usd +50 = +20pips or
Gbp/Usd +50pips, Eur/Usd -30 = +20pips "

I'm affraid it shold be like this
Gbp/Usd -100, Eur/Usd +65 = -35 or
Gbp/Usd +100, Eur/Usd -65 = +35

Sterling is more volatile, and for that reason, the diffrence in volatility will kill your account in no time , count it once again.

Hetero Pairs Hedge Strategy (HePHS) hahahahaha

---------

Happy trading, not gambling
cheers

Hi,

yes actually those direct currency move together on one direction both against usd ...it's very dangerous when big fundamental happened like oil price or non farm payroll etc...we will loose all pips....

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