if you are are into spreading forex, perhaps you can check with bone. maybe he can give some insight on this thread too. best regards. -zhao
If you want to know anything about anything ask bone, he knows everything about everything, there is nothing you have been through that he has not already been through. You may think you are obsessive, but when you talk to him you realize that you are only determined.
if you like spreading, he'll set you up with about 120 spreads to watch and you only take the ones who make sense to you.
my favorite is the "widow maker" thats CL vs RB, but forex is more like day school. If you are so conservative and too scared to make any trade try spreading forex. It's like the grandmothers section of the old womans forum
yes, I suppose. If I was long CHF/JPY outright I would have been stopped out when it was down .75%. Somehow I managed to hang on and ended up about even, maybe a little better by a couple of dollars.
So in the end, how do you spread this trade? by the way, good to see your spread method works. best regards. -zhao
well, CHf/JPY is already a spread, maybe spread is not the right term, I just spread it out over 5 currencies, like AUD, CAD, EUR, GBP and USD. You pay more in commisions and spreads in exchange for flexibilty. It involves a lot of scaling in (including averaging down.) Averaging down gets a bad rap, but if one of your losers has not been stopped out and starts moving better than anything else you have on why not add to it? It would be a an entry signal if you hadn't already entered too early. (but I keep them on a short leash, and if they don't perform they get cut back)