FAP Turbo

Make Over 90% Winning Trades Now!

Sunday, April 26, 2009

Forex Hedge Trading - HOG2 EURUSD-USDCHF Custom Indicator

By Sonja Schuyler

In this article we will review the latest entrant into the popular world of Forex Hedge trading methods. We will examine a manual system designed to trade the EURUSD-USDCHF Hedge. This Hedge is one of the most popular Hedges in the world of Forex in large part because of its high degree of negative correlation. In other words, most of the time, when the EURUSD trends in one direction - the USDCHF heads the opposite way.

An advantage of trading a Hedge is that it tends to reduce your risk. The challenge is that trading more than one currency pair at a time is difficult to track. You are at a definite disadvantage without the ability to track multiple pairs.

Gary at 4x-rox.com has created a set of custom indicators that track the total value of the EURUSD-USDCHF Hedge. This enables you to trade these two currency pairs as if they were one pair. Not only that, his indicators also track five market parameters outside the Forex market that gauge the value of the EURUSD-USDCHF Hedge and plot the predicted value relative to the current market value. This arrangement shows you the push or pull pressure on the Hedge and gives you an early warning when large reversals are likely to occur.

This Hedge trading system is called The HOG2 Custom EURUSD-USDCHF Hedge Indicator. HOG2 for short. The HOG2 runs inside the Metatrader 4 trading platform. It is composed of four indicators in three indicator windows.

The HOG2 tracks the EURUSD-USDCHF Hedge in real time. It shows you exactly what this Hedge is doing before you place your trades. The HOG2 features a color-coded custom histogram that gives you the sell or buy strength of this Hedge and indicates good entry and exit points. This arrangement shows you, at a glance, when this Hedge as a whole is over sold or overbought.

If you are accustomed to reading indicators, then learning to trading with the HOG2 will be very straightforward. If you have never traded Forex before, or never manually traded Forex, then you will want to go slowly. Do not live trade until you are completely comfortable. The HOG2 comes with good instructions and the company offers excellent support.

The HOG2 is not a robot. The HOG2 is not for you if you are looking for a Forex robot. If what you're looking for is a solid, effective manual trading system for trading the EURUSD-USDCHF Hedge then you won't find an easier or more workable system than the HOG2.

The HOG2 combines formulas for inter-market analysis with a unique compound indicator. The result is a highly effective manual trading system for this Hedge. The unique combination of the HOG2's one of a kind trend lines and Custom Histogram provides that all-important 'bird's eye view' of your Hedge trade.

Why not try out the HOG2 for yourself? When it comes to trading the EURUSD-USDCHF Hedge, the HOG2 combines formulas for inter-market analysis with a unique compound indicator and the result is a highly effective manual trading system for this Hedge. The unique combination of the HOG2's one of a kind trend lines and Custom Histogram provides that all-important 'bird's eye view' of your Hedge trade. - 23208

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home