02-26-2018, 11:27 AM
[quote pid='2203' dateline='1519634913']
this seems to be a very safe method. what i do not understand is that the start prize, prize to watch is a fixed value. what do you do when the market goes above that and stays there or has a long up trending motion. you will not be able to buy again without changing the strat params.
[/quote]
The start price is exactly the price your currency has when you start the trade.
When the market goes up you follow it with your sell and buy orders , remeber every time it goes down by a step in the grid, you profit (rarely it just simply goes ONLY UP in a straight line, but it has ups and downs)
Remember you don't profit from the value of the currency but from it's volatility.
It's nothing new, in forex grid trading are used a lot
this seems to be a very safe method. what i do not understand is that the start prize, prize to watch is a fixed value. what do you do when the market goes above that and stays there or has a long up trending motion. you will not be able to buy again without changing the strat params.
[/quote]
The start price is exactly the price your currency has when you start the trade.
When the market goes up you follow it with your sell and buy orders , remeber every time it goes down by a step in the grid, you profit (rarely it just simply goes ONLY UP in a straight line, but it has ups and downs)
Remember you don't profit from the value of the currency but from it's volatility.
It's nothing new, in forex grid trading are used a lot