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dsugums 6 pip auto-trader by 'im again
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=313
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Author:  lhDT [ Mon Jan 30, 2012 10:43 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Interresting ! Broker should allow hedging or something ?
Author:  MichaelM [ Mon Jan 30, 2012 10:46 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

juzgood wrote:I do not understand something here... How are we able to get into profit if the pairs are always hedging on each other?.. If one pair move into profit the other will be in a loss....
And say if profit does occur, wouldn't a Loss can happens to?
I know you're new but have you cared to read the first post, if you have and you didn't understand it well I can't help you:
SteveHopwood wrote: 5) This method is based on hedging divergence. We will get 2-4 times trades per day which is equivalent to 24pips without any losses.
Author:  nubchai [ Mon Jan 30, 2012 10:47 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

I love simple too! Thanks DS and Steve. Just loaded it on a demo :)

Sandy
Author:  MichaelM [ Mon Jan 30, 2012 10:50 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

I wouldn't expect this to make any profit during the Asian session.
Author:  ROBST3R [ Mon Jan 30, 2012 10:55 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Interresting! Always worth to let it run for 1 day:) thnx Steve
Author:  SteveHopwood [ Mon Jan 30, 2012 10:55 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

juzgood wrote:I do not understand something here... How are we able to get into profit if the pairs are always hedging on each other?.. If one pair move into profit the other will be in a loss....
And say if profit does occur, wouldn't a Loss can happens to?
You, me and probably a fair few others as well.

Over the years, I have read about the occasions when the precise relationship between a group of pairs breaks down, and how this affords profits when the trader spots this and is able to trade the breakdown.

The individual words of these articles made sense. Their overall meaning eluded me. All I know is what dsugums sent me. I am assuming he has spotted a method of trading the breakdown.

Alternatively, as I frequently remind people, I am merely the mechanic here. I could well be talking rubbish and had best stick to understanding 6 pips. It would not be the first time that intelligent people have left me behind. Well, not the first time today at least. Hang on, I gave a 13 year old a piano lesson 6 hours ago. This means I have gone five and a half hours since someone intelligent left me behind. :lol:

Hey ho.

:D
Author:  SteveHopwood [ Mon Jan 30, 2012 10:58 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

lhDT wrote:Interresting ! criminal should allow hedging or something ?
Definitely has to allow something.

If the crim does not allow anything, then you cannot use the EA on said crim's account.

:D
Author:  juzgood [ Mon Jan 30, 2012 10:58 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Thanks Steve!
SteveHopwood wrote:
juzgood wrote:I do not understand something here... How are we able to get into profit if the pairs are always hedging on each other?.. If one pair move into profit the other will be in a loss....
And say if profit does occur, wouldn't a Loss can happens to?
You, me and probably a fair few others as well.

Over the years, I have read about the occasions when the precise relationship between a group of pairs breaks down, and how this affords profits when the trader spots this and is able to trade the breakdown.

The individual words of these articles made sense. Their overall meaning eluded me. All I know is what dsugums sent me. I am assuming he has spotted a method of trading the breakdown.

Alternatively, as I frequently remind people, I am merely the mechanic here. I could well be talking rubbish and had best stick to understanding 6 pips. It would not be the first time that intelligent people have left me behind. Well, not the first time today at least. Hang on, I gave a 13 year old a piano lesson 6 hours ago. This means I have gone five and a half hours since someone intelligent left me behind. :lol:

Hey ho.

:D
Author:  SteveHopwood [ Mon Jan 30, 2012 11:00 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

If anyone turns up my will to live, you couldn't send it back to me, could you?

Some of the posts here tonight are astonishing. Hey ho. Gives me a laugh.

:D
Author:  TehCount [ Mon Jan 30, 2012 11:28 pm ]
Post subject:  Re: dsugums 6 pip auto-trader by 'im again

Very interesting concept. I suppose the spread becomes that much more important with a strategy like this? Using an ECN criminal that charges a commission on round lots with a lower spread might give you more wins when the variations take place.
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