winning11 Posted July 13, 2011 Share Posted July 13, 2011 Hello. This is my journal of a test for a hedging strategy. This strategy was inspired by harvest from the MT5 forum. The steps are listed below: 1. Make a hedge. (buy and sell) 2. Wait for the price to move. 3. Close a considerably profiting order. 4. Go back to step 1. I will refine the strategy in the testing process. Account information: Demo Account, $5000 fund, 1:500 leverage Currency: GBPUSD Spread: 3 pips. First make a hedge 2011.07.14 5:08 BUY at 1.6156 2011.07.14 5.08 SELL at 1.6153 Balance 5000 Equity 4994 Margin 16.15 Free Margin 4977.85 Quote Link to comment Share on other sites More sharing options...
winning11 Posted July 15, 2011 Author Share Posted July 15, 2011 There has yet been a major price movement. We will wait patiently for such a movement. I will check my account anytime I feel convenient. 2011.07.15 14:02:18 '1363012': modify order #71387282 buy 1.00 GBPUSD at 1.6156 sl: 0.0000 tp: 0.0000 -> sl: 0.0000 tp: 1.6206 2011.07.15 14:03:19 '1363012': modify order #71387284 sell 1.00 GBPUSD at 1.6153 sl: 0.0000 tp: 0.0000 -> sl: 0.0000 tp: 1.6103 2011.07.15 14:07:34 '1363012': order was opened : #71548551 buy limit 1.00 GBPUSD at 1.6106 sl: 0.0000 tp: 0.0000 2011.07.15 14:09:38 '1363012': order was opened : #71548738 sell limit 1.00 GBPUSD at 1.6203 sl: 0.0000 tp: 0.0000 2011.07.15 14:12:35 '1363012': order was opened : #71548970 buy stop 1.00 GBPUSD at 1.6206 sl: 0.0000 tp: 0.0000 2011.07.15 14:12:55 '1363012': order was opened : #71548985 sell stop 1.00 GBPUSD at 1.6103 sl: 0.0000 tp: 0.0000 Quote Link to comment Share on other sites More sharing options...
winning11 Posted July 17, 2011 Author Share Posted July 17, 2011 Hello guys I'm back. Since it is weekend now and there is nothing really to do with forex training, I would explain a little bit of my method. The steps are describle below: 1. Make a hedge. (buy and sell) 2. Wait for the price to move. 3. Close a considerably profiting order. 4. Go back to step 1. I am thinking of adding something new to it. I have attempted pending orders. Once the price moves 50 pips. The pending order opens a hedge and at the same time the profit is fixed as well, applying a T/P. Quote Link to comment Share on other sites More sharing options...
ermaniso2011 Posted January 21, 2012 Share Posted January 21, 2012 hedging strategy works best when the market is in side way.it means not bullish or bearish but just making zigzags and not yet decide wher to go.basicially it is going to hit all the targets within that range.so it is very good oppotunity for hedging.or other option is you really have to use stoploose when hedging couse if you will quit from earning side very early and do not use stoploose that will be very dangerious. Quote Link to comment Share on other sites More sharing options...
rexway Posted January 27, 2012 Share Posted January 27, 2012 Hedging system may be helpful to determing the next direction of the market,but this system should best be use when the market is making Random movement(zigzag) goodluk Quote Link to comment Share on other sites More sharing options...
bringpeace Posted January 29, 2012 Share Posted January 29, 2012 I more prefer cut loss if i get loss and didn't use hedging. Sometimes i make my hedging position for long time, so i confused when i must open my hedging position back. So better to take cut loss if get loss and didn't try hedging. No matter what kind of hedging like cross hedging or etc Quote Link to comment Share on other sites More sharing options...
antthenait Posted March 8, 2012 Share Posted March 8, 2012 First of all I can't understand you way of thinking or special tricks. Because buy and sale are the only process which is done at foreign exchange. But I want to mansion the name of broker, because broker can only bring better rate (purchase or sale). Else we have to wait for a long time to become our expectable price. As per regular forex everybody should make transaction between USD,GBP & EURO - though sometimes use JPY, AUD,NZD,CAD. But sometimes we can see some rare currency's rate become too high. Quote Link to comment Share on other sites More sharing options...
eclick Posted July 8, 2012 Share Posted July 8, 2012 All the house need some new door for decoreation his house. This a nice way to decorate any house. Door is very essential equipment door chimes nice door here. I have website who supply this type of door. I have a door city and made some different colors of door. Nice design of this door. I called that city door city. Really its a nice and fantastic door world. Thanks all the member of this website. Thank also the great idea to give us. Quote Link to comment Share on other sites More sharing options...
Thayungsta Posted October 4, 2013 Share Posted October 4, 2013 Investing all the way Quote Link to comment Share on other sites More sharing options...
rexway Posted April 11, 2014 Share Posted April 11, 2014 Our strategy need to be test in the demo account before we can go ahead to trade,but rather what I see and think is that you need to run a program in your demo account if work to your satisfaction then invite such to real trading account Quote Link to comment Share on other sites More sharing options...
Vaabum Posted August 27, 2022 Share Posted August 27, 2022 I would advise testing strategies on a demo account. It's more secure, especially for a beginner. Quote Link to comment Share on other sites More sharing options...
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