Baruch's Forex System Journal

Status
Not open for further replies.
Quote from chinook:

I use an adaptive moving average on the tick chart. I need to do more tinkering though mostly for exits.

Chinook
More...

Yeah, exits are the hard part of this game. Please keep us informed.
 
Quote from Baruch:

I just follow the flow - with a tight stop.

But I think it's nice to know why the market moves - it's more easy to keep your position when you know what's happening and why.
More...

What's the worst stop slippage you had on the EUR futures? This is my biggest fear since the market doesn't seem to be too deep like ES. With some of these huge spikes, a slippage of 50-100 pips does seem to be likely.

Chinook
 
Quote from chinook:

What's the worst stop slippage you had on the EUR futures? This is my biggest fear since the market doesn't seem to be too deep like ES. With some of these huge spikes, a slippage of 50-100 pips does seem to be likely.

Chinook
More...

My broker doesn't have guaranteed stops in forex, so I play the news with limit orders in EUR futures.
It's most difficult when there are two or big reports at the same time - if you buy/sell too early you can be whipsawed. I have tried that.

But you can always risk spikes - also without news - because of stop-hunting.
 
baruch ... I am suprised if you do not know about this

not that I look where at the cross rates
are trading at too much but I have to
think its very important in case there is flow

also ... to know when the pairs are busy and when they are not busy ... for example ... during Asian trading timezone ... JPY will be more active than during European Trading timezone





--------------------------------------------------------------------------------
Quote from SethArb:

do you or some of the other posters here

look ar cross rates ever ?

i.e. EURO / CABLE
--------------------------------------------------------------------------------



Do you mean rollover interest?
 
Quote from SethArb:

baruch ... I am suprised if you do not know about this

not that I look where at the cross rates
are trading at too much but I have to
think its very important in case there is flow

also ... to know when the pairs are busy and when they are not busy ... for example ... during Asian trading timezone ... JPY will be more active than during European Trading timezone





--------------------------------------------------------------------------------
Quote from SethArb:

do you or some of the other posters here

look ar cross rates ever ?

i.e. EURO / CABLE
--------------------------------------------------------------------------------



Do you mean rollover interest?
More...

1. I am not sure I understand, what you are saying. (Maybe it's because I mostly trade futures?). What's your point?

2. Yes, the timezones are very important. The big moves in euro starts many times when London opens. And when London closes, we sometimes get a opposite move, because the traders close their positions.
 
"As a student of human nature, I always felt that a good speculator should be able to tell what a man will do with his money before he does it".
 
and only recently noticed that sometimes

the drivers behind movements in currencies
vs USD can sometimes be movements between

other currencies too

i.e. eur/jpy , eur/ gbp

as far as asian trading goes .... since the gbp is not traded much

then .... perhaps watching for big prints in gbp is another way to
gauge when to open or close a position or tighten stops
 
Quote from SethArb:

and only recently noticed that sometimes

the drivers behind movements in currencies
vs USD can sometimes be movements between

other currencies too

i.e. eur/jpy , eur/ gbp

as far as asian trading goes .... since the gbp is not traded much

then .... perhaps watching for big prints in gbp is another way to
gauge when to open or close a position or tighten stops
More...

Yes, I agree. Which pairs do you trade?
 
Status
Not open for further replies.
Back
Top