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Old 12-31-2007, 11:19 AM
daedalus daedalus is offline
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Join Date: Oct 2007
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I'll hold 4 hour trades overnight and some of my 512tick/60min trades. Most of my others I typically exit prior to the session close so I don't get hit with rollover costs (kind of pricey with EFX).

To be honest, its pretty rare that I have a trade that either hasn't stopped out or hit a profit target by the end of session. If I do however, and my profit target is going to be greater than the cost incurred by rollover rates i'll hold. Or if the rollover rates are in my favor i'll defiantly hold.

I'm actually looking into using FX Options to take my 4 hour trades with to reduce my risk to increase my overall risk:reward ratios. I think it will be a much more efficient trading instrument than the spot market on these longer term swing trades.

Glad to hear you've got questions, i'm happy to answer them!

Cheers!
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