Hi Guys,
I am a great fan of hedging ;-)
Here I show you how I hedge "circel pairs" = GBPUSD > USDCHF > GBPCHF"
"Circel pairs" means each currency "GBP" "USD" and "CHF" appears twice in these three pairs.
GBPUSD = Buy
USDCHF = Buy
GBPCHF = Sell
or
GBPUSD = Sell
USDCHF = Sell
GBPCHF = Buy
I used no indicator at all, but it took sometimes a while to get in profit.
I used same lotsize on all three pairs and TP of 100$
One might say, hey, why did you not trade just GBPUSD and GBPCHF?
Because, it causes such a big DD which can blow an account in very short time, so please do not try this at home ;-)
Here some more examples for three pairs hedging:
BUY BUY SELL
or SELL SELL BUY
EUR/CHF CHF/JPY EUR/JPY
GBP/CHF CHF/JPY GBP/JPY
USD/CHF CHF/JPY USD/JPY
EUR/GBP GBP/CHF EUR/CHF
EUR/USD USD/CHF EUR/CHF
EUR/GBP GBP/JPY EUR/JPY
EUR/GBP GBP/USD EUR/USD
EUR/USD USD/JPY EUR/JPY
GBP/USD USD/CHF GBP/CHF
GBP/USD USD/JPY GBP/JPY
There are still some more opportunities, but then the spreads are very high!
I am a great fan of hedging ;-)
Here I show you how I hedge "circel pairs" = GBPUSD > USDCHF > GBPCHF"
"Circel pairs" means each currency "GBP" "USD" and "CHF" appears twice in these three pairs.
GBPUSD = Buy
USDCHF = Buy
GBPCHF = Sell
or
GBPUSD = Sell
USDCHF = Sell
GBPCHF = Buy
I used no indicator at all, but it took sometimes a while to get in profit.
I used same lotsize on all three pairs and TP of 100$
One might say, hey, why did you not trade just GBPUSD and GBPCHF?
Because, it causes such a big DD which can blow an account in very short time, so please do not try this at home ;-)
Here some more examples for three pairs hedging:
BUY BUY SELL
or SELL SELL BUY
EUR/CHF CHF/JPY EUR/JPY
GBP/CHF CHF/JPY GBP/JPY
USD/CHF CHF/JPY USD/JPY
EUR/GBP GBP/CHF EUR/CHF
EUR/USD USD/CHF EUR/CHF
EUR/GBP GBP/JPY EUR/JPY
EUR/GBP GBP/USD EUR/USD
EUR/USD USD/JPY EUR/JPY
GBP/USD USD/CHF GBP/CHF
GBP/USD USD/JPY GBP/JPY
There are still some more opportunities, but then the spreads are very high!