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Old 09-08-2015, 01:24 AM   #1

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Leverager Trading Log Before Going Live

The basic concept of my Trading Strategy is Triangular
I got this basic concept in somewhere forum , and only for cross pair that prices formed by divided 2 major currency
for Example : EURGBP, GBPAUD ,GBPNZD, EURAUD, EURNZD,AUDNZD,

The basic concept, i will take EURGBP as example

Quote:
This strategy is Triangular Arbitrage, is one of Forex trading Strategies in forex utilizing the imbalance value of the three currencies,

For Example : GBP / USD, EUR / GBP, and the EUR USD, the formula third this currency is the GBP / USD x EUR / GBP = EUR / USD,
if the condition are GBP / USD x EUR / GBP # EUR / USD,
then the triangular arbitrage opportunities arise.
This strategy practiced manually is difficult, because of the scarcity of opportunities that arise, and need the speed and timing to execute the order, because it is usually run by using softaware.


Triangular Arbitrage

Currency formula (CF):
GBP / USD (GU) x EUR / GBP (EG) = EUR / USD (EU
Description :
GU price multiplied by EG must be equal to the EU

The Triangular Arbitrage Formula (TAF):
GU x EG # EU
Description :
Triangular Arbitrage arises if:
GU price multiplied by the price of EG is not the same as the price of the EU at the time

Entry Rule:
1. If the EU CF> EU TAF by a margin of at least 12 pips then we open trades: EU buy, sell EG, & sell GU
2. If the EU CF <EU TAF by a margin of at least 12 pips then we open trades: EU sell, buy EG & buy GU
3. We will not open trades if the difference is less than 12 pips

Lot used in RTA for each currency:
1. EU = 1 x lot (mini, standard)
Examples 0.10 or 1.0
2. EG = appropriate price at the time GU x lot (mini, standard)
Sample price GU 1.6381 then we open 0:16 or 1.63

3. GU = appropriate price at the time EG x lot (mini, standard)
Examples EG 0.7210 price then we open 0.72 or 7:21


Exit Rule there are 2 options:
1. Take Profit with the following calculation: the difference in pips (ex: 12) - total third spread currency (ex: fx version 8 open) = profit (4) x lot (1) = $ 40
2. Exit when price is in conformity with the RMU

Sample case :
Prices on the chart, namely: GU 1.6381, EG 0.7210 and 1.1823 EU, dg spread 3.3, dan2 then appeared triangular arbitrage opportunity, because GU x EG # EU.
Value EU RMU is supposed to 1.1811 due to the smaller of the EU RTA 12 pips, then we open trades sell EU, buy EG and buy GU dg minilot each EU 1.0, EG 1.63, (according to the price GU) and GU 0.72 (according to the price EG time )
We will take profit formula pips difference minus the total spread, ie 12-8 = 4 x 1 lot = $ 40
but here i wont wait for triangular arbitrage arises , it will take a long long time.

i will do the same practices here but with a twist
i will entry blindly and wont wait for any triangular arbitrage arrises
i will only lot formula as mentioned at this post

XXX/USD = 1
XXX/YYY = lot is the YYY/USD price
YYY/USD= Lot size is XXX/YYY Price


and first entry i will try GBPNZD

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Old 09-09-2015, 04:34 AM   #2

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Re: Leverager Trading Log Before Going Live

Closed with +40
nice result for set and forget entry
Attached Thumbnails
Leverager Trading Log Before Going Live-eurgbp-h1-tickmill-ltd.jpg  
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Old 09-10-2015, 10:26 AM   #3

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Re: Leverager Trading Log Before Going Live

i am curious
so i decide another tickmill demo and open 2 opposite trade
Buy EG triangular and sell EG triangular
let us see what will happen


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Old 09-11-2015, 04:19 AM   #4

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Re: Leverager Trading Log Before Going Live

intresting results
maybe something wrong with this arbitrage formulas



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Old 09-14-2015, 03:51 AM   #5

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Re: Leverager Trading Log Before Going Live

one demo acccount in minus
one demo account in profit
must pass this one

lol


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Old 02-04-2016, 10:15 AM   #6

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Re: Leverager Trading Log Before Going Live

as a trader , i already trade currencies for 1-2years and i think i still stuck in this level.

a deposit only trader level.

off course sometimes i requested withdrawal of my profit, but if i do some calculations , my deposited / and lost money, still bigger than my withdrawal.

inspired by my friend who turn $1000 into $12000 in one year with alpari (may their soul rest in peace) and he told me if you wanna survive in this business, write your own journal, analyze your foult,risk amount that you can afford to lose.

so here i am. trying to going live and write serious journal

because i familiar with MT4 and can't risk too much money, i decided to trade with Tickmill which is suitable for me.

about my trading system.

in short i use combination of EMA 12,50,100, 260 ,500 and some price actions

will upadate myfxbook tomorrow, and i hope i can succesfully compouding and achieve my 1st $1000
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Old 02-05-2016, 05:21 AM   #7

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Re: Leverager Trading Log Before Going Live

Let us made some market review for a moment before opened a trade. W
What happened in this week which is the majority of USD rivals stronger than the USD , which means that the long-term weakening of the USD in sight

This is due to weaker US economic data than anticipated.
PMI is below expectations,
ADP which is above forecast, Forecast 195k, actual 205K
The unemployment rate rose 8k

the NFP today, market expectations about jobs created and opened : 189k ,
and if the data released under 180k can harm USD fundamentally.

With the reluctance of the Fed to raise interest rates, the ECB QE plan in March 2016, and the BOJ is set negative interest rates, today's NFP data is crucial as a guide to where the next market direction next.

Technical analysis : , based on Tickmill weekly chart, the USDJPY this week , weakened as much as 500.0 pips.

Head and Shoudler has been formed, and if the NFP data this week could make close USDJPY weekly chart with a bearish engulfing pattern, then the USDJPY weakness for the medium-long term was inevitable with the first target at 113.00 area


if this picture does not load, use this link : https://charts.mql5.com/10/112/usdjp...ckmill-ltd.png

Recommendation :

USDJPY Bearish,
risk in the area of ​​121.75 -122.00
Target: 113.00, 110.00, and 109.00
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Old 02-09-2016, 02:48 AM   #8

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Re: Leverager Trading Log Before Going Live

Lets Rock And Roll

Sell EU , Reason : Double Top Formation, Seller candlestick pattern and price opened under EMA 12
Got 0.2 spread, great
Entry at 1.12014
SL at 1.12164
[SPOILER][/SPOILER]

Sell GBPUSD Averaging minus mode
Sell 1 at 1.44090
Sell limit at 1.44490
Reason : Support become resistance and Buyer at H1 buyers are not able to maintain their strength, and candle close under EMA 12
[SPOILER]

[/SPOILER]

Sell EURAUD
Reason
1. because i have 1 sell eurusd position
2.At M15 price already Break and open new candle under EMA 12, need H1 confirmations
Sell @ 1.59076
SL @ 1.59326
Update Hit SL
[SPOILER]

[/SPOILER]
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