Jan '20 Hedge Buy AUD+EUR+GBP+JPY Sell USD+CHF

[AUdvantages]

January 14, 2020

Suggestion for leverage limit is 12 for the positions sum.
In this case x= 0.5 equity.

Buy EUR

Buy-EURUSD x4 Target 1.12 | Quote 1.113
Difference 0.6% | Duration 2-6 weeks | Estimate 2-3 weeks
+
Buy-EURCHF x4 Target 1.085 | Quote 1.076
Difference 0.8% | Duration 2-6 weeks | Estimate 3-4 weeks

Buy AUD

Buy-AUDUSD x2 Target 0.695 | Quote 0.690
Difference 0.7% | Duration 2-4 weeks | Estimate 2-4 weeks
+
Buy-AUDCHF x6 Target 0.672 | Quote 0.666
Difference 0.9% | Duration 1-3 weeks | Estimate 1-2 weeks

Buy GBP

Buy-GBPUSD x2 Target 1.315 | Quote 1.30
Difference 1.1% | Duration 1-4 weeks | Estimate 1-2 weeks
+
Buy-GBPCHF x2 Target 1.275 | Quote 1.259
Difference 1.2% | Duration 1-4 weeks | Estimate 2-4 weeks

Buy JPY

Sell-USDJPY x1 Target 109 | Quote 109.93
Difference 0.8% | Duration 1-4 weeks | Estimate 1-3 weeks
+
Sell CHFJPY x1 Target 113 | Quote 113.73
Difference 0.6% | Duration 2-8 weeks | Estimate 2-4 weeks

[AUdvantages]

Macro Insights And Trade Ideas

January 14th, 2020 Now looks like a good time to buy GBP and JPY vs. USD and CHF, especially because downside seems much more limited than usual for GBPUSD at this time being so far below 2.0, quote 1.302. Buy GBPCHF Sell CHFJPY Buy GBPUSD Sell USDJPY The duration 1-6 weeks. I’ll make a thread for this whole sell USD+CHF trade idea and link it to this thread.

Link above to my main ongoing thread.

[AUdvantages]

January 31st

Closing Time, 17 days later. JPY closed, close GBP.
+T/P limit hit +4%+. I suspect the rest will close within 2 weeks.

+Buy-GBPUSD (x2) hit target 1.1% (1.315) The estimate was 1-2 weeks, correct enough.
+Sell-USDJPY (x1) hit target 0.8% (109) within estimate.
+Sell-CHFJPY (x1) hit target 0.6% (113) within estimate touching a low of 112 yesterday.

GBPCHF (x2) barely touched 1.275, closing time quote 1.271 (0.9%).

EUR and AUD position struggling. Time to add another hedge!

[AUdvantages]

January 31st, 2020

Opening time, 2 weeks later. I’m extending the duration another 2-6 weeks rather than the original 4. That will leave this thread/hedge relevant possibly until around March.

Remaining positions (after first “Add” below); Buy-EURUSD (x4) + Buy-EURCHF (x4) + Buy-AUDUSD (x4 (+x2)+ new average) + Buy-AUDCHF (x6) Buy-EURJPY (x2 + new) + Buy-AUDJPY (x2 + new) + Buy-CADJPY (x2 + new) + Buy-CADUSD (x2 + new) + Buy-CADCHF (x1 + new)

Add
+
Sell JPY
Buy-EURJPY (x2) Target 121.5 Quote 120.2 Difference 1.25%
Buy-AUDJPY (x2) Target 74 Quote 72.55 Difference 1.9%
Buy-CADJPY (x2) Target 83 Quote 81.9 Difference 1.3%
+
Sell-USDCAD (x2) Target 1.31 Quote 1.323 Difference 1%
Sell-AUDUSD (x2) new quote 0.67 new average 0.68.
+
Buy CAD
Buy-CADCHF (x1) Target 0.735 Quote 0.728 Difference 0.9%

Total x= 27x (11x new / 16x first)
Balance = +5% since beginning

Diversity of postitions
Buy - AUD + EUR + CAD (12x + 10x + 5x)
Sell - CHF + USD + JPY (11x + 10x + 6x)

Estimated "risk profile"
4x (should operate something like a position levered at 4 times equity)

Happy Brexit Day!

[AUdvantages]

Time-frame not adequate at 2-6 weeks posted 3 weeks ago. Back to general thread, although this hedge position did not perform according to expectations it still warrants a hold.