The Basic version of the No Stop, Hedged, Grid Forex trading system says that you should simply buy and sell, and cash in positives, at each level of the grid and continue doing that until the total of all your transactions are positive.
When you have mastered this approach and understood it you are ready to move onto the next version of grid trading that has a few better efficiencies. In the advanced method you merely do nothing at the start grid level and recreate the 1st level transactions when the price reaches the 1st level. You save the costs of 2 hedge transaction that way.
For more information on the No Stop, Hedged, Grid Trading system please followthis link GRID TRADING or review the articles and videos available on this blog.
Below is an example of the AUDUSD Advanced Grid trading system which has resulted in a gain of 1 608 pips (net of spread hedging costs) for the year to date. Also shown is the GBPJPY which also shows an impressive gain of 2 653 pips (net of spread hedging costs) for the year to date.
AUD +1608 Pips
GBPJPY + 2 653 Pips
Last Updated on Monday, 19 July 2010 08:17
