Hedging system - 4xworks! - page 2

 
phoenix421:
By the way, boss, where's the "Thanks" button? phoenix421

liebesweet:
It's sound good system , keep update the performance... thanks.

BTW... These trades have closed. Good profit.

 

Thank you Bossxero, great hedge system!

I dont have the "thanks" button...

 

When you close it what is your new next enter? Or interval time?

 
kit2111:
When you close it what is your new next enter? Or interval time?

You can close whenever you decide to take some some of the profits... You open other trades when you find it right after you do some analysis on the eurchf... the method does not change.

 

So some analysis on the eurchf is important, yes?

Thank you.

 
kit2111:
So some analysis on the eurchf is important, yes? Thank you.

Yes... you should determine the direction of the eurchf is likely to take... however, if you made the wrong decision, you will not be losing much as your drawdown is minimized.

 

Can we do cost averaging if the direction is wrong?

Thanks.

 
kit2111:
Can we do cost averaging if the direction is wrong?Thanks.

I think you can... experiment with it and if you find it interesting,share with us.

 

Your idea about the lot size is interesting. I will try it.

 

EUR/USD sell at 1.01 and USD/CHF sell at 1.49 today at EUF/CHF high in the chart, correct?