Spreads

Importance of checking the spread

I cannot stress enough how important it is to check what the spread is before entering positions – especially for scalping or low pip target strategies. This took me a while to learn, but it is now mandatory in all my strategies and I never forget to include it, even in prototyping because it can […]

Arin Grid on MQL5

Last week, a reader known as Matt sent me a comment pointing me to a Grid on MQL5 that might be of interest. I thought it would be fun if we did this analysis together so I’m going to bump up this post. So let’s see, the Arin grid can be found here: http://www.mql5.com/en/signals/35388 Its equity profile looks very […]

Addons-To-Go

Hi Everyone, No updates on the Grid Trading front at this stage but there will be some updates coming soon. Otherwise in other news, I have recently teamed up with other similarly minded friends and working on a side-project, Addons-To-Go: http://www.addons-to-go.com/ The site is a store for a range of strategies and indicators for trading, not […]

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Grid trading research continues…

I have spent some time doing some research into Grids in an attempt to find ways to hedge the grid against the dreaded draw-down. Sadly, I couldn’t find any site that appears to have analyzed grids as much as I have. If you know one, please let me know! The rest of the sites I […]

Never buy and sell simultaneously

While researching other Grids, I noticed from their trade history they worked differently to mine. Actually, I really had a lot of trouble finding Grids which traded in both directions all the time, like my proposed strategy. I did find one here http://www.myfxbook.com/strategies/grid-stoch/14597 and if you look at the trade history you can quite clearly […]

Probabilities and Black Swans

Grid Trading’s most appealing aspect has to be that you don’t need to know which direction the market will head, you can always make money. To be honest, anyone that tells you they know what the market will do is fooling themselves, and you. What is the probability that the price will go up 1%? […]

Grid Trading: Choosing a currency pair

Firstly, apologies for the lateness of this post! I’ve been working on a side-strategy (a Bollinger based reversion strategy) that was looking quite promising with less effort. More on this later – for now, let’s talk about Grids! The success of Grid Trading very much depends on the currency pair it is executed on. As […]

Grid trading unleashed…

In the previous post, I started highlighting Grid Trading’s potential of being able to absorb losses. Well, in this post I’m going to explain to you what this really means, and what happens when this potential is unleashed So in the previous post we compared the 2008/2009 GFC period for two Grid Trading strategies, Restricted […]

FXCM App Store – First Round Complete

Today’s post is just a quick plug for MooMooFX’s MarketScope extensions on the FXCM App Store as we received an update from FXCM that we would like to share with you. The Shock Retrace MarketScope strategy extension is now live on the FXCM App Store. It comes bundled with the Price Delta Indicator as well […]

Grid Trading Potential

As I briefly mentioned in the previous post, Grid Trading can be done a number of ways and can either lead to great success, or complete failure. So with any implementation there is a major point that needs to be considered – when do we pull the plug on the grid, if at all? Let […]