Double my money (forex)

Discussion in 'Journals' started by mr double, Feb 11, 2006.

  1. Yes they do:

    GBP/CAD buy = USD/CAD buy + GBP/USD buy

    or

    GBP/CAD sell = USD/CAD sell + GBP/USD sell
     
    #61     Feb 12, 2006
  2. no, they don't.
     
    #62     Feb 12, 2006
  3. yes, they do.
     
    #63     Feb 12, 2006
  4. how this equation can be the same? i don't want to trade dollar
     
    #64     Feb 12, 2006
  5. GBP/CAD buy = USD/CAD buy + GBP/USD buy
    or
    GBP/CAD sell = USD/CAD sell + GBP/USD sell

    You are not trading the dollar (USD) with this equation. You are trading GBP/CAD.
     
    #65     Feb 12, 2006
  6. yes,you right:)
     
    #66     Feb 12, 2006
  7. MrDoubleTrouble

    Why would you buy EUR/USD and sell USD/CHF...what is the strategy here?....considering the high anti-correlation...This is a well known anti-correlation and not a secret...

    Why wouldn't you simply use one of the pair?

    I am just trying to understand your thinking,, so again please excuse my questions if they are taking too much of your time.

    I start to feel a little angry that you are taking up my time and really have no idea what you are doing. I am thinking about getting out of here...Unless you start explaining yourself.

    And if you say that you will double the money, to explain your strategy, I WILL leave!

    Michael B.
     
    #67     Feb 12, 2006
  8. don't like betting only on one pair,they correlated in long term,short term anything can happen
     
    #68     Feb 12, 2006
  9. Surdo

    Surdo

    I guess it really does not matter in a "Demo" account anyway!
     
    #69     Feb 12, 2006
  10. This simply is just not true....Hourly correlation is 96%. The deviation from this is less than 3% over the last 12 months..


     
    #70     Feb 12, 2006