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#21 29-01-2012 09:36:07

anuj20jain_India
Member
Registered: 11-10-2011
Posts: 22

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Hey John,,,whats the update on this strategy>red-arrow Have you stopped trading for a while?

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#22 31-01-2012 11:44:11

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3054
Website

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Hey...to be quite honest, I really want to test this new broker, http://www.lmax.com/, but they haven't yet released their MT4 platform, they should be sometime in February. As soon as they do MT4 I'm going to open up an account and dive back in! Feel free to contact them and put the pressure on them to hurry up!

:)


"Anything worth having is worth going for - all the way." - J.R. Ewing

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#23 14-02-2012 12:55:53

ajaxfinancial
Member
Registered: 14-02-2012
Posts: 4

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Nice conversation and posting useful information too.

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#24 28-03-2012 15:41:23

anuj20jain_India
Member
Registered: 11-10-2011
Posts: 22

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Hey John...where have you disappeared???

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#25 30-03-2012 11:04:39

climax
Administrateur
From: France
Registered: 21-12-2009
Posts: 152
Website

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

John will be back Monday, he is on vacation.

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#26 02-04-2012 13:02:52

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3054
Website

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

anuj20jain_India wrote:

Hey John...where have you disappeared???

I haven't really disappeared anywhere, just haven't had any free time to trade unfortunately, but hopefully I will reopen a trading account sometime this month and get back to using this strategy.


"Anything worth having is worth going for - all the way." - J.R. Ewing

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#27 15-04-2012 04:33:15

anuj20jain_India
Member
Registered: 11-10-2011
Posts: 22

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

aLL THE BEST jOHN

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#28 25-04-2012 04:55:02

Oz
Member
Registered: 09-03-2012
Posts: 2

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Do you think this strategy would be better in the long term if say a 15 pip SL was used with a 30 pip TP or a 30 pip SL and 60 pip TP???
Just a thought..

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#29 05-05-2012 14:49:03

Candlestick
Member
Registered: 05-05-2012
Posts: 3

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Interesting Strategy John, both v1 and v2. I spent some time trying it out and had some great consistant results in testing.

v1 Makes a little more sense as the order mangement works as when your TP is hit you end up in a profit, following the doubling up sequence each time, ie 1,3,6,12,24,48 etc

However without being negative or sounding ungrateful about any of this and you hard work, the problem arises when your stuck on a tight range for a considerable time and unfortunatley no one knows when that is going to occur, it can happen at anytime of day or night and then we dont know when its going to end, infact the duration of it is really secondary, its if your unlucky enough for it to keep going backwards anf forwards activating more and more orders without hitting your TP.

And to make it work to ensure a profit in the end you have to keep placing orders for double the position size each time you exit the hedging zone in either direction. So this type of grid strategy when it works is absolutly awesome, but the one time you get caught out in a long term range then the inevitable "Death Trade" will occur and this will be a case of when, not, if that happens.

After trading full time for 4 years I would say you cant beat basically learning how to trade, but I enjoyed your strategy and will keep an eye on it, maybe there is a solution somewhere that will eliminate the "Death Trade"

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#30 06-05-2012 13:56:26

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3054
Website

Re: AWESOME: New forex hedging strategy! (ver. 2.0)

Oz wrote:

Do you think this strategy would be better in the long term if say a 15 pip SL was used with a 30 pip TP or a 30 pip SL and 60 pip TP???
Just a thought..

To be quite honest, I haven't toyed around with different parameters. With a 15 pip SL, you're going to get stopped out quite a bit. And unfortunately, I have no idea how to backtest!


"Anything worth having is worth going for - all the way." - J.R. Ewing

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