Tradex Forex Journal

Discussion in 'Journals' started by Tradex, Jun 7, 2020.

  1. Tradex

    Tradex

    I am not daytrading.
     
    #21     Jun 8, 2020
  2. destriero

    destriero


    Can you answer the question? If these two positions are roughly neutral-notional... you’re short EUR/CHF here. Do you know what you’re doing?
     
    #22     Jun 8, 2020
  3. Tradex

    Tradex


    Unless the currencies I am trading are highly correlated (positively or negatively), I trade each signal separately.

    I have no trading signal on EUR/CHF so no trade.
     
    #23     Jun 8, 2020
  4. destriero

    destriero

    Bro, you shorted EUR/CAD. Then you went short CAD/CHF. Now you're short EUR/CHF via triangular arb. Your position is short EUR/CHF. You want CAD exposure but you just netted it out.
     
    #24     Jun 8, 2020
    contra likes this.
  5. savoir

    savoir

    This clarifies it a bit. It's been 9 hours in EUR/CAD without a whole lot of movement after your signal. Are you trading the daily bars?

    Stock index futures are moving great intraday. Highly recommend!
     
    #25     Jun 8, 2020
  6. savoir

    savoir

    I know nothing about forex but that is very puzzling.
     
    #26     Jun 8, 2020
  7. Tradex

    Tradex

    So what?

    I do NOT have a trading signal on EUR/CHF.
     
    #27     Jun 8, 2020
  8. Tradex

    Tradex

    No, trading on the daily bars does not suit my trading style and strategy.
    At all.
     
    #28     Jun 8, 2020
    Nobert likes this.
  9. destriero

    destriero


    THEN WHY ARE YOU SHORT EUR/CHF?

    You clearly don't know what you're doing. You are short EUR/CHF if these lots are similar in size. I can't believe you trade FX and don't understand synthetics.
     
    #29     Jun 8, 2020
  10. Tradex

    Tradex

    Yes, but again, so what?

    Can you answer that simple question without your usual sarcasm and your "I am better than you" childish attitude?

    Yeah, right.

    Listen, sonny boy, I studied triangular arb in the currency market before you were even born, and I read "Triangular Arbitrage in the Foreign Exchange Market: Inefficiencies, Technology, and Investment Opportunities" more than 20 years ago, among other books.

    So don't come in here and try to teach us how triangular arb works.
     
    Last edited: Jun 8, 2020
    #30     Jun 8, 2020