Any Ideas?

Trading Systems
1

Hey all,

I am interested in hedging the USD/CAD but i’m not sure when the best time to get in is. Essentially i am just +40/-20,-40/+20 (buy/sell with trailing stops) on the pair at 9:20 EST (just before the open).

I want to know if there is a better time/pair that has larger volume at the open - i dont care what way it goes… just as long as it chooses one!

I have also noticed a -40/+20 buy, +40/-20 sell seems to work on the low volume days also. Any other ideas to capitalize on this kind of strat?

thanks!

2

G�day Seedsta!! USDCAD is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. The consolidation should continue�
The price should continue to move in the 1,2070 / 1,2190 range.
Good trade!!

3

YES.

Dont do it. :eek:

There are better ways to trade. :slight_smile:

[B]Rhodytrader [/B]tells us that hedging is now basically a banned method of trading, especially in USA.

4

Hedging is becoming banned in the states? Why so?

what are the better strats? where can i learn them?

5

Yes, it is already banned - old news.
Go back thro the threads and you will see it posted by [B]Rhodytrader[/B], Honorary FX Member.

The forum is full of good strategies.

You only need to look and choose one that suits your personality. :slight_smile: :slight_smile: :slight_smile:

6

sorry - i am new to the forms and i cant seem to find the ban from Rhodytrader - where abouts is it?

I am looking instead of hedging the GBP/USD, EUR/USD - the seperation and cross therory.
This seems as legitimate as any other trading style… the idea of trading off of political news and graph “entry signals” seems just as riskey.