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oldtime

Registered: Jun 2011
Posts: 7348

09-20-12 11:30 PM

Quote from oldtime:

would you know how to set up a synthetic index for the whole thing so I could use Bollinger bands?

actually, I just got a bright idea this very minute. I could set up a portfolio in a paper account and the just use some kind of account balance chart that would accept indicators.

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atticus

Registered: Mar 2007
Posts: 12608

09-20-12 11:32 PM

Quote from oldtime:

would you know how to set up a synthetic index for the whole thing so I could use Bollinger bands?

Open an Oanda demo account and they will net exposure. Very convenient. Alternatively you could do something in IBTWS. I don't know if you can chart PNL easily but you can simply look at your net liq.

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oldtime

Registered: Jun 2011
Posts: 7348

09-20-12 11:32 PM

Quote from atticus:

Natural
Long GBPUSD

Synthetic
Short EURGBP
Long EURUSD

twice the commish, twice the spread, twice the fun.

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atticus

Registered: Mar 2007
Posts: 12608

09-20-12 11:34 PM

Quote from oldtime:

twice the commish, twice the spread, twice the fun.

Well sure, that's why you should look into dissection. This assumes you're doing all these simultaneously. Of course you're going see synthetics as they enter the books, that's unavoidable.

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college ruled

Registered: Sep 2012
Posts: 770

09-20-12 11:43 PM

Quote from atticus:

Natural
Long GBPUSD

Synthetic
Short EURGBP
Long EURUSD

Now I just have to figure out what this means? lol

Don't tell me I want to figure this out myself.

I'll post the answer later you tell me if I am right

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Pippi436

Registered: Jun 2006
Posts: 842

09-21-12 12:22 AM

collage: like atticus said, open an Oanda demo account. Buy GBP/USD and look at the exposure-tab. Close the trade. Sell EUR/GBP and buy EUR/USD and look at the exposure tab again.

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