Spreading Forex

[zhaoyun]

if you are are into spreading forex, perhaps you can check with bone. maybe he can give some insight on this thread too.

best regards.

-zhao

Quote from oldtime:

so for instance, if you wanted to get short EUR/USD the spread would look like

short EUR/AUD
short AUD/USD

short EUR/CAD
long USD/CAD

short EUR/CHF
long USD/CHF

short EUR/GBP
short GBP/USD

short EUR/JPY
long USD/JPY

 

[oldtime]

Quote from zhaoyun:

if you are are into spreading forex, perhaps you can check with bone. maybe he can give some insight on this thread too.

best regards.

-zhao

bone scares me

 

[oldtime]

Quote from oldtime:

bone scares me

I'm not really spreading forex, I'm just pretending to, so I can be like bone and dumb mother

 

[oldtime]

If you want to know anything about anything ask bone, he knows everything about everything, there is nothing you have been through that he has not already been through.

You may think you are obsessive, but when you talk to him you realize that you are only determined.

 

[oldtime]

if you like spreading, he'll set you up with about 120 spreads to watch and you only take the ones who make sense to you.

 

[oldtime]

my favorite is the "widow maker" thats CL vs RB, but forex is more like day school. If you are so conservative and too scared to make any trade try spreading forex.

It's like the grandmothers section of the old womans forum

 

[zhaoyun]

Quote from oldtime:

my favorite is the "widow maker" thats CL vs RB, but forex is more like day school. If you are so conservative and too scared to make any trade try spreading forex.

It's like the grandmothers section of the old womans forum

any progress in your research, oldtime?

best regards.

-zhao

 

[oldtime]

Quote from zhaoyun:

any progress in your research, oldtime?

best regards.

-zhao

yes, I suppose. If I was long CHF/JPY outright I would have been stopped out when it was down .75%. Somehow I managed to hang on and ended up about even, maybe a little better by a couple of dollars.

 

[zhaoyun]

Quote from oldtime:

yes, I suppose. If I was long CHF/JPY outright I would have been stopped out when it was down .75%. Somehow I managed to hang on and ended up about even, maybe a little better by a couple of dollars.

So in the end, how do you spread this trade?

by the way, good to see your spread method works.

best regards.


-zhao

 

[oldtime]

Quote from zhaoyun:

So in the end, how do you spread this trade?

by the way, good to see your spread method works.

best regards.


-zhao

well, CHf/JPY is already a spread, maybe spread is not the right term, I just spread it out over 5 currencies, like AUD, CAD, EUR, GBP and USD. You pay more in commisions and spreads in exchange for flexibilty. It involves a lot of scaling in (including averaging down.)

Averaging down gets a bad rap, but if one of your losers has not been stopped out and starts moving better than anything else you have on why not add to it? It would be a an entry signal if you hadn't already entered too early. (but I keep them on a short leash, and if they don't perform they get cut back)