Hedging during GBP Market Time

[bijak_sinner]

somebody who is a close friend with master coder mr. aiman can ask him to code this technique to ea..

 

[bijak_sinner]

today down around 30%, I give up first until get an EA, cos I don have much time to monitor,I strongly believe that I will get 2% by tonight or tomorrow, but I have no time, cos I have been monitoring since 3pm until now.. really tired... i need an EA to help me monitor..

i am willing to contribute some money if the coder put a price for it..

 

[klhh]

Thanks to TT for sharing this strategy...

IMO this strategy is mathematically correct although there are factors that need to be considered when talking about real market....so i only have 2 questions..

1. what would u do when market ranges between your 2lot BS and 2lot SS for let say few hours(in this case between 1.5670 and 1.5650 levels)...so my question is do u have any maximum amount of losses to take? if yes then this technique is no longer worth it in terms of R:R since your target is only 1% or 2% while risking 2% of each position...imagine 5 of 2lot positions have been stopped...:-?

but of course theoretically after sideways there is always a breakout...)

If kena 5 of 2 lot position SL, lost 10% of capital. Regarding the R&R, it is not good R&R, but the winning chance is almost 100%. If you want a good R&R, you can set 20% of capital SL and set more than 20% of your capital for your TP

2. knowing gbpusd, it is not impossible for price to whipsaws during news or rumors....do u have any plans on this situation? in this case of 10 pips range/gap it would be hard even for EA to send request to your broker's server (depending on broker though )...

i know using your technique there would not be a problem if price "terjun tiruk" or "naik mcm rocket"...only the super quick whipsaw will make you "tak menang tangan" if trade this manually..)

actually 10pips is an example for explanation, I will set 30pips for the gap. I personally use this strategy in casino, so far 400%++ return rate in 3 weeks time, 10% SL, 5% for TP

PS: i'm using a technique that uses almost the same principles of yours... but with mr. martin associated...
Could you pls explain what principles u using?

I have replies your questions

 

[klhh]

i am willing to contribute some money if the coder put a price for it..

Thanks for your support

 

[bijak_sinner]

Bro aiman mungkin bz..

Ada mana2 coder lain yang sudi codekan teknik ini kepada ea?

 

[klhh]

Bro aiman mungkin bz..

Ada mana2 coder lain yang sudi codekan teknik ini kepada ea?

Yes may be he is busy or having holiday..... I really cant wait for the EA.... Any coders pls? I willing pay the cost....

 

[bijak_sinner]

by the way, i've already made a special thread for this technique in the ea section..

http://www.carigold.com/portal/forums/showthread.php?t=296901

 

[klhh]

by the way, i've already made a special thread for this technique in the ea section..

http://www.carigold.com/portal/forums/showthread.php?t=296901

Thank you very much bijak_sinner

 

[F0r3xg@l]

Yes may be he is busy or having holiday..... I really cant wait for the EA.... Any coders pls? I willing pay the cost....

Hi,

Whats the cost for the EA? If u still haven't got the EA, I'll code it for u.

Rgds,
Ashlynne

 

[klhh]

Hi,

Whats the cost for the EA? If u still haven't got the EA, I'll code it for u.

Rgds,
Ashlynne

The cost is RM100