Correlation strategies

Posts: 1404 · #16 - January 09, 2020, 03:52:35 PM

I closed some trades that were in profit and I will be doubling up on the trades that are still negative.

Posts: 1404 · #17 - January 09, 2020, 03:57:15 PM

I doubled up on my negative trades hoping that they will turn positive.

Posts: 32 · #18 - January 13, 2020, 01:22:16 AM

Quote from: Resh1969 on December 20, 2019, 08:50:51 PM

I want to share a correlation strategy I used this week for an easy profit. I bought and sold two generally opposite moving pairs and closed them out when profit was reached. I bought usd/jpy and eur/usd and sold gpb/usd and eur/jpy at the same time. I used no Sl or TP. I closed them out manually for a good profit.

so this strategy use pairs that have same direction and buy the one and sell the others sir?thanks for your help

Posts: 1404 · #19 - January 13, 2020, 03:38:12 PM

Quote from: Hansip on January 13, 2020, 01:22:16 AM

so this strategy use pairs that have same direction and buy the one and sell the others sir?thanks for your help

If I see two pairs that are moving the same I'll open opposite orders. If I see two that are moving opposite I'll open trades in the same direction.

Posts: 1404 · #20 - January 20, 2020, 03:24:31 PM

I closed out my last basket of trades for a loss. I dont have the patience for this strategy. I'm switching to another strategy that places a buy stop/sell stop above and below the daily candle.

Posts: 1404 · #21 - January 20, 2020, 03:32:23 PM

If anyone has a correlation strategy please share. I'm interested in this and I think there are alot of profits that can be made using correlation.

Posts: 1404 · #22 - January 20, 2020, 03:49:50 PM

I opened buystops and sellstops above and below the daily candles on EUR/USD, GBP/USD, and EUR/GBP. I used the same lot sizes with a 50SL and 100TP for all the trades. Let's see how it does.

Posts: 1404 · #23 - January 22, 2020, 10:59:55 AM

I closed the trades out early for profit.

Posts: 1404 · #24 - January 22, 2020, 11:02:31 AM

I opened a new set of trades just like the last set. Let's see what happens.

Posts: 1404 · #25 - January 22, 2020, 03:15:05 PM

I closed the last set early in profit.

Posts: 1404 · #26 - January 22, 2020, 03:17:04 PM

I opened a new set using the same strategy.

Posts: 1404 · #27 - January 24, 2020, 05:16:47 PM

I closed that set out early for profit since its Friday. I dont like having trades open on the weekend.

Posts: 1404 · #28 - January 26, 2020, 10:16:18 PM

I opened another set of trades on EURUSD, EURGBP, and GBPUSD. I placed pending orders 10 pips above and below the daily candles with a 50 SL and 100 TP. Let's see what happens.