Relevant articles for you

Video

Georgio Stoev
Saxo Bank's product manager for Futures and Listed Options Georgio Stoev looks at how to build cost-effective positions in gold, oil and EURUSD using calendar spreads or minis.
Squawk / 12 July 2016 at 10:03 GMT
Hypothesis Testing
United Kingdom
Not sure if this is of worth to EURGBP traders.....if we totally ignore our charts and use the rate of change numbers alone;

EURUSD rallies faster than GBPUSD rally then EURGBP rises
EURUSD rallies slower than GBPUSD rally then EURGBP falls

EURUSD falls and GBPUSD rallies then EURGBP falls
EURUSD rallies and GBPUSD falls then EURGBP rallies

EURUSD falls faster than GBPUSD falls then EURGBP falls
EURUSD falls slower than GBPUSD fall then EURGBP rallies

:-)
12 July
fxtime fxtime
Thus look at the change in the spot cable approx 180 up
eurusd spot is approx +40
So cable is rallying faster than the eurusd therefore eurgbp falls...which it has.
12 July
zefy zefy
Nice poem! ;)
12 July
zefy zefy
Love these strategies that can be traded without charts like std dev!
12 July
fxtime fxtime
LOl....but it works mate :-)
A very welcome profit in my trading account when I logged ''in'' this morning which is always a welcome start. It works best on 2hr/4hr/daily fwiw
You of all people can programme this algo LOL...just programme and forget. It can be applied the same way to other correlated majors btw.
Yeah std dev is a bedrock trade likewise 30min bayesian ranges....ironically most of my trading is without charts !
12 July
zefy zefy
Yeah, couldn't get clearer programming instructions than your if then -poem :)
12 July
zefy zefy
Good stuff!
12 July
fxtime fxtime
LOL....I have clients who trade these three using dailies and intraday price breakouts in the morning for a living !!
13 July
fxtime fxtime
At the time of writing....eurusd is falling faster than the cable hence eurgbp is falling. Await 10am BST before looking to amend your algo on this...eg await market direction to be confirmed but anyone trading this would have earned easillly yesterday :-)
13 July
zefy zefy
Ok, I will make 10am BST trade point for this. Trade direction changed this afternoon...
13 July
fxtime fxtime
You would have made +150pips this week plus the bounce today as the eurusd changed priority for eurgbp to the long side.
Watch the ratio between cable and eurusd Zefy. When you set the programme if you get only a 1.5 to 2 times ratio for the cable to euro move then ignore until you get a signal in excess of 2.0 times to ensure a good move and no losses. That way you would get the full move today although my systems only show +89 today = +139 this week. :-)
13 July
fxtime fxtime
Remember I give the basic model out for you to develop but as you are somewhat ahead of everyone (as usual) for a better trade strategy use the ratio scenario as a good control value.
13 July
zefy zefy
Yep, will add ratio. Your comment in other squawk clarifies a lot. Thanks.
14 July
fxtime fxtime
LOL....150pips Monday a further 89 pips yesterday and due to the sheer speed of todays move my software covered at the +121pips today as the ratios moved too quick. These auto functions are great imho :-)
15 July
fxtime fxtime
Update on this algo function....which I hasten to add was missed because I de-activated the programme as I suspected that we would have a whipsaw day and so closed for a total +5 when in truth it would have made +65 today. This is only posted here in relation to next Wednesday overview and information.
This week would have been 150+89+121+65 = 425 gain but in truth I gained only +365pips.
Next time I should stick to the trade plan as I would earn more :-)

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail