Daily Trade Ideas

[OddTrader]

Quote from forex-forex:

Or just sell GBP/USD

Pair trading (if without stops) needs more (almost double) margin capital (and paying twice spread), hence saver (sometimes).

 

[Cambist]

Quote from forex-forex:

Or just sell GBP/USD

LOL too funny!

 

[IronFist]

Quote from Mr_Black:

this is result from simple trading idea....

More info?

 

[TrueStory]

Saying "1:11" instead of "1:6" is a TYPO is like calling someone an "idiot" and saying it was a TYPO, i meant to type "nice guy." There's no similarity between the two whatsoever. LOL

Quote from forex-forex:

That was an obvious TYPO on the original posters part. He knows he is risking 20 pips for 120 pips.

 

[OddTrader]

Quote from OddTrader:

Pair Trading:
Sell EUR/USD 1.473
Buy EUR/GBP 1.980
Either Same units or Using Ratio

Now EUR/USD 1.4776
EUR/GBP 1.9890

 

[OddTrader]

Quote from OddTrader:

Pair Trading:
Sell EUR/USD 1.473
Buy EUR/GBP 1.980
Either Same units or Using Ratio

Add quantity for a second lot now:
Sell EUR/USD 1.471
Buy EUR/GBP 1.949

Now total two lots.

 

[charlesmentor]

hello, nice mathematics. but ur strategy looks more like a guess work to me. i advice you try pivot points analysis. if you dont know how, visit my blog at www.naija4forex.blogspot.com. and conttact me if you need more support.

 

[OddTrader]

Quote from OddTrader:

Add quantity for a second lot now:
Sell EUR/USD 1.471
Buy EUR/GBP 1.949

Now total two lots.

That idea of trading this way has been proved so far a very bad idea indeed.

PS: Doing it on ET is OK. But Don't do that at home.