Summary of BACKTESTING MY FOREX HEDGING STRATEGY | Forex Hedging Strategy
The video demonstrates backtesting a forex hedging strategy using FX replay software. The presenter creates a new session from 2007 to 2008, during a market crash, starting with a $10,000 account. The strategy involves opening positions, setting take profit and stop loss levels, and protecting positions with hedge orders. The presenter trims positions based on profits and losses, balances the hedge, and makes new trades to stay profitable. The video ends with a successful scenario where all positions are closed for a nice profit. The strategy aims to navigate volatile markets and make profitable trades during market fluctuations.
Notable Quotes
— 02:06 — « Im hoping for trouble. »
— 05:01 — « Lets balance that out. »
— 08:15 — « We whittled down our position. »
— 10:49 — « Lets see what the market gives us. »
Category
Business and Finance