Forex opposite trading

Forex opposite trading

Forex trading hours: London, New York, Tokyo, Sydney sessions Live Hours Monitor Best trading time in the Forex Market. Forex Market Hours A well known sample of two opposite moving currency pairs is EUR/USD and USD/CHF, they have very high coefficient of over , which means that they move inversely almost % of the time! Examples of same direction moving currency pairs are Opposite trading? | Trade2Win 03/06/ · Opposite trading can be beneficial only if one bet can cover the spreads of the 2 bets, and further, make a profit. I.e. it has to be combined with technical analysis in order to correctly decide stop losses and limits. This is just one of many prerequisites of trading with this strategy. Alex, you are on the right blogger.comted Reading Time: 8 mins

Opposite trading? | Trade2Win

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Opposite trading? Thread starter sr3d Start date May 1, Watchers 5. Forums Markets Forex, forex opposite trading. JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. You are using an out of date browser. It may not display this or other websites correctly, forex opposite trading. You should upgrade or use an alternative browser.

sr3d Junior member. Hello everyone, I'm a total newbie to Forex wih less than 4 weeks of trading experience. What I have learned from this period is: 1 trading is not a hobby to take less seriously. However, after reading many posts across this forum and other forums about forecasting the market with signals and every possible ways, I have this one idea.

I just want to present it here and people can put their comments on, forex opposite trading. Forex opposite trading the forex opposite trading always have 2 directions 3 if you may for sideway.

It's either going up or going down. So say we start with one order, we either lose of gain. If the choice we make is good we're luckywe win. Forex opposite trading, we just forgo the lose and move on or quit the market. So my idea is: we trade 2 lots at the opposite directions at the same time. At one moment, we put one sell order at 50, one buy order opposite direction at the exact point. Both of which we set the stop loss to be equal, forex opposite trading.

If the market either goes up or down, we still break even at all points. Then based on the trend and other indicators, we will cancel the losing trade to pursue the winning one.

At the same time, the buy order gains 30 pips and still going gaining. After making a minimal of 10pips profit, we exit the trade to secure that amount.

If we consistently pursue this strategy, I think it is possible to gain quite a bit of profit in one day. So my question is: is there any fault in this strategy besides the fact that we may not break even after cancelling the losing trade say the market turns against us. If there is an automate system to place 10 opposite orders perday, it's pips profit already, forex opposite trading.

So anyone, give your rational about the strategy. It's more than welcome. Alex Le. crystalo Junior member 10 0. Bigbusiness Experienced member 1, sr3d said:. So we have to make a choice to cancel out the losing one to break even at that moment, forex opposite trading, then follow the winning trade.

of course we have to take into account the spread. That's why it's good to have a good technical anylysis system to determine the chance that price will continue to go in one direction. Because we always break even besides the fact that we have to cover the spreads, i think it is less likely that we will be losing. The chance to get a minimal 10 pips is also increased, forex opposite trading, don't you think? G-Man Active member 3.

sr3d, I wiah you well with your concept but I would stongly advise against it. i'm just thinking about it and wonder if it is ever profitable, that's it. What i need is to actually do some kind of testing on real data, which I have no clues how to do. I wouldn't not try my system with real money either, too much risk i think. But what if it does work? Can anyone suggest a way so that I can test my idea?

Is there anykind of back-testing system with real data-feed? I wouldn't mind spend sometime programing the test cases and post the report. So we have to make a choice to cancel out the losing one to break even at that moment FetteredChinos Veteren member 3, not the most sensible advice i will offer. this method does have something of merit. let me explain. this is kinda similar to what i have found, with my albeit slightly wonky daily data.

as i have posted elsewhere. you canfor example, trade 2 markets. the spot and the future. when you get an upside breakout, go long, with a target price enough to cover the spreads on both trades. and simultaneously hedge with a short on the other market. take profit at X, and trust that the breakout will retrace enough for you to get out of the hedge at breakeven, forex opposite trading.

forex opposite trading vice versa. the only problem is deciding what level the Target Price should be. and also having a large enough account to ride out the big trend that will inevitably happen. this is largely hypothetical, and not the ideal way to trade in the slightest. but, if you want to pursue this kind of idea, then it can be done.

and the main reason forex opposite trading doing it is the psychological benefit of banking a profit each day. That is slightly different but has the same problem. When you say "take profit at X", you forex opposite trading have an equal loss on your other trade, so there is no profit.

It would be exactly the same to just opening one trade at point X, forex opposite trading. The only difference is that you don't have to pay two forex opposite trading. As for the psychological benefit, that wont help when you close one position at point X and the other one does not go back to break even but just continues making a bigger loss. commanderco Well-known member 7. This is a concept that I wasted a great deal of time upon in my early days when I thought that I could out think the market.

I still believe that it is possible in futures on the RTH only. Do not try it on the combined glbx as it can backup to retest the direction and take out your stops. To be honest, I think that it is a complete waste of time. You are better off with a well constructed strategy based on simple chart analysis and having the courage of your convictions.

Spending too much time on trying to eliminate the risk in the World´s riskiest business should tell forex opposite trading that forex opposite trading are not ready to trade yet. You need more understanding of the fx game and of yourself and I mean that in the most sincere way, since I have been standing where you are now. Goodluck, with T2W you have certainly come to the best University to ask questions and learn. commanderco said:.

tradewinds Member 67 6.

Genius Experiment: What if You Reversed Every Losing Trade?

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Binary options South Africa: Forex opposite trading

16/12/ · Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment blogger.comted Reading Time: 8 mins 07/05/ · Forex opposite trading /07/03 · A bearish trend is the opposite of a bullish trend. It happens when a cluster of candlesticks goes down and to the right. Flat Trend. A flat trend is when the price of a currency moves sideways. A flat market in forex is a time frame when the strength of the bulls and the bears in the market is equal 17/04/ · Doing the opposite is not bad. It is an expression of being original in a world where the speed of execution is enough to keep markets moving in the opposite direction until the stop-loss is reached. The more original the strategy, the better. How useful was this post?5/5(3)