Balanced and diversified FX management.

lovethetrade said:
I really like how balanced that FX portfolio is, it's obvious you know what you're doing. Are the CHF crosses necessary though because it's highly correlated (approx. 95%) with the Euro?
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Hello lovethetrade, no they are not necessary and at one point I was balancing across Eur/gbp, Eur/Jpy, Eur/usd, Gbp/Jpy, Gbp/usd and Usd/jpy only. The problem with that was I was consolidated across less pairs. It's not perfect now, but I believe better, even though it can be slightly weighted into Usd or Eur more than the others. In an environment where the average person has zero hedge and fully weighted into their country of origin, I believe it is better.
Thanks for the question.
 
MrMuppet said:
Go ahead. I once had a money manager who used a similar strategy. He was betting on mean reversion of some sort, cannot remember how he did it, however
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Hello MrMupper, I am basing my positioning off a multiple commodity spread to give me direction on the different currencies. Then I see if those parameters are correlating with or against each other.
Thanks for your interest in this thread.
 
R1234 said:
Grid trading with low leverage. Looked at this years ago when it was the rage on the Oanda boards. I just assumed it was no longer viable with the worldwide low yields, guess I was wrong. Would love to see a backtested equity curve.
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Hello R1234, it's incredible what can be seen as viable when markets suddenly change.
 
fan27 said:
Quant test...from someone trading SIM. lol
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Actually I am here looking for specific persons. The trading is just to verify that I know what I am doing and talking about.
I will take your avoidance as a signal you are scared of failing my test.
 
Update to positioning. One position is dominating over the other. Will rebalance and will continue to leg in.

ET 2020 may 18 update.png
 
DepthTrade said:
Actually I am here looking for specific persons. The trading is just to verify that I know what I am doing and talking about.
I will take your avoidance as a signal you are scared of failing my test.
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I have a real money trading journal on this site...shouldn't be hard to find. That's the only test that matters.
 
fan27 said:
I have a real money trading journal on this site...shouldn't be hard to find. That's the only test that matters.
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All I found was you stating how you lost -5k or -8k , but how you lucked out making +$900
 
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