Recent content by hermittrader01

Am from Singapore too. 32 M here living in AMK Regards, Hermit Trader Trading Strategy Blog

So coffee closed above 1500 on friday. What's next? Looking at 1580-1600 level with a time frame of one month, that would be mid January. Regards, HT HT BLOG

an update of the forex hedge. i have attached the current open position for any interested parties Regards, HT HT BLOG blog

pardon me... you were the one who said buy one eur/usd and sell one gbp/usd can simply buy eur/gbp. it is the same as u mentioned in ur earlier post.

this is just a sample trade to show that the result is not the same. buy eur/gbp and a spread trade buy eur/usd, sell gbp/usd will not give u the same result. Regards, HT HT BLOG

this is an update of the hedge trading. almost 1.3k so far based on 50k, using almost 20% of equity for margin (8 pair, 4 hedges). 2.6% return. will continue to monitor Regards, HT HT BLOG

it is not the same. there is nothing wrong with that on what you have said but let's say you have a hedge buy eur/usd, sell gbp/usd first, and the second hedge comes in sell eur/usd, sell usd/chf. ideally we can just square off the eur/usd position, but it would be difficult to visualise how...

spread trading simply means the selling and buying of the same or different financial products. it profits mainly from the spread widening and narrowing. a good site will be joe ross's spread-trading site. swaps are simply the cost of carry for the currencies pair. its either receive interest...

hi ahfei spread trading is basically a long short strategy used by many traders, it is a common strategy used in the financial market, be it derivatives or securities. while most finaical books taught spread trading in futures, commodities, securities and options, the same technique can be...

hi xjun i have live account with mgforex, unfortunately, i have some problems doing spread trading with them because swaps and the ability to long/short one pair at the same time. the statment for illustration purpose are from ibfx, as they offered fair swaps and the ability to long/short one...

I have attached another updated demo statement and the open position statement all these trades were entered at random, there wasnt any set up used. Regards, HT HT BLOG

Hello, I am wondering anyone here care to discuss more about spot forex spread/hedge strategies. Currently, I am looking at 3 pairs, GBP/USD, EUR/USD and USD/CHF. This 3 pairs has a correlation of more than 0.9, which made it good for pairs trading. However, it is important to take not is...

Hi all I am not too sure if this will be useful, but I find it usefull personally. I like to trade price itself than to rely so much on indicators etc. Personally, i find the course notes from trend dynamic quite useful. Many times the foundation of plotting lines remain subjective, but the...