a beginner's attempt at the pairs
- Thread starter big mac
- Start date
I doubt you were banned for being nice.banned for being nice, that must be a first in forum history
On 1 minute time frame, I Made a profit by shorting euro.
I also set long limit for usdyen but it appreciated without touching my order(shit!!!)
Remember that hedge fund (speculators) always use long-short strategy in forex...at the moment, it appears they are using these two pairs.
On 30 minute, euro is having a bull trend and yen is having a bear trend. If that's correct the current opposite move is likely to be a correction
I also set long limit for usdyen but it appreciated without touching my order(shit!!!)
Remember that hedge fund (speculators) always use long-short strategy in forex...at the moment, it appears they are using these two pairs.
On 30 minute, euro is having a bull trend and yen is having a bear trend. If that's correct the current opposite move is likely to be a correction
no big loss because that thread is smthg like, throw trade out there and separate with a 10 pt stop.
Man just focus on pairs trading.
I watched YouTube on high frequency trader the other day.
They always pairs trading strategy in derivative market and that's also consistent with academic literature.
Anyway, if you are no longer interested in carrying on this thread, I will carry on my self
Explain the use of those two for hedging? Why those two?