Wanted: Ballers, Whales, BSDs and Uber Elites -apply here.

DepthTrade

DepthTrade

Hello and welcome to my thread where I'll be showcasing my global currency hedging strategy, that I like to call "Eagles Apprentice". Here we'll be throwing around massive size, spread across all available currency pairs. We're talking watching 70 pairs, breaking up available account balances and spreading that evenly across the pairs that have met the parameters to open trades. This strategy is to be traded with zero leverage.
..So to get the ball rolling, let's open/ set some trade tickets.

Aud/chf buy 0.74652
Aud/hkd buy 6.14950
Aud/nzd buy 1.07710
Chf/hkd sell 8.23750
Eur/chf buy 1.17070
Eur/czk buy 25.46460
Eur/huf buy 311.720
Eur/jpy buy 131.440
Eur/nok buy 9.57090
Eur/pln buy 4.19360
Eur/sgd buy 1.62040
Eur/try buy 4.69210
Gbp/aud buy 1.76510
Gbp/chf buy 1.31750
Gbp/hkd buy 10.85380
Gbp/usd buy 1.38500
Nzd/chf buy 0.69310
Nzd/hkd buy 5.70930
Sgd/chf buy 0.7225
Sgd/hkd buy 5.95150
Usd/chf buy 0.95130
Usd/dkk sell 6.05380
Usd/huf sell 253.290
Usd/pln sell 3.40770
Usd/sgd sell 1.31680
Usd/thb sell 31.330
Usd/try buy 3.81190
 
paulchaney said:
Hello and welcome to my thread where I'll be showcasing my global currency hedging strategy, that I like to call "Eagles Apprentice". Here we'll be throwing around massive size, spread across all available currency pairs. We're talking watching 70 pairs, breaking up available account balances and spreading that evenly across the pairs that have met the parameters to open trades. This strategy is to be traded with zero leverage.
..So to get the ball rolling, let's open/ set some trade tickets.

Aud/chf buy 0.74652
Aud/hkd buy 6.14950
Aud/nzd buy 1.07710
Chf/hkd sell 8.23750
Eur/chf buy 1.17070
Eur/czk buy 25.46460
Eur/huf buy 311.720
Eur/jpy buy 131.440
Eur/nok buy 9.57090
Eur/pln buy 4.19360
Eur/sgd buy 1.62040
Eur/try buy 4.69210
Gbp/aud buy 1.76510
Gbp/chf buy 1.31750
Gbp/hkd buy 10.85380
Gbp/usd buy 1.38500
Nzd/chf buy 0.69310
Nzd/hkd buy 5.70930
Sgd/chf buy 0.7225
Sgd/hkd buy 5.95150
Usd/chf buy 0.95130
Usd/dkk sell 6.05380
Usd/huf sell 253.290
Usd/pln sell 3.40770
Usd/sgd sell 1.31680
Usd/thb sell 31.330
Usd/try buy 3.81190
More...

Don’t really understand what your objectives for this are.

Apparently you have an Oanda account. Interactive Brokers, for example, has much better pricing but does have a $10,000 account minimum.

It is in your best interest to test new ideas, especially complicated ones, on a simulator before attempting to trade it live.

Are you sure you don’t want to watch money flows to and from risk-based assets and trade AUD/JPY or CAD/JPY accordingly? Odds are one of these pairs will be able to absorb your massive size. When an open trade no longer appears to be working, you can “hedge” by closing out the position.
 
maximumpossiblesuffering said:
Don’t really understand what your objectives for this are.

Apparently you have an Oanda account. Interactive Brokers, for example, has much better pricing but does have a $10,000 account minimum.

It is in your best interest to test new ideas, especially complicated ones, on a simulator before attempting to trade it live.

Are you sure you don’t want to watch money flows to and from risk-based assets and trade AUD/JPY or CAD/JPY accordingly? Odds are one of these pairs will be able to absorb your massive size. When an open trade no longer appears to be working, you can “hedge” by closing out the position.
More...
I am looking at 0.4 spread in Eur/usd with a premium account. Do you honestly think absorbing the entire balance into Aud/jpy and or Cad/jpy is a better idea? That seems like an incredibly naive decision, based on minimal experience.
Maybe you could show us an example of how this can be done, being how markets just opened for the week, would be an excellent time to start.
 
paulchaney said:
I am looking at 0.4 spread in Eur/usd with a premium account. Do you honestly think absorbing the entire balance into Aud/jpy and or Cad/jpy is a better idea? That seems like an incredibly naive decision, based on minimal experience.
Maybe you could show us an example of how this can be done, being how markets just opened for the week, would be an excellent time to start.
More...

.4? Not bad for Oanda. How about .1! You may want to take a look at Interactivebrokers.com.

While you’re at it, Babypips.com has extensive, well organized, and free information on trading currencies. They call it the School of Pipsology and it located under the “Education” tab.
 
maximumpossiblesuffering said:
.4? Not bad for Oanda. How about .1! You may want to take a look at Interactivebrokers.com.

While you’re at it, Babypips.com has extensive, well organized, and free information on trading currencies. They call it the School of Pipsology and it located under the “Education” tab.
More...
Why would we go to babypips? I thought you were going to show us how it was done live on this thread. Now you're going to back out and direct us to another website? Wow, didn't see that coming :D
 
You must log in or register to reply here.
Back
Top