Trading & The Week Ahead: Hedging a USD Position in the Forex market

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Uploaded by on Nov 11, 2011

For the time being I have hedged my Short USD positions in the Swiss Franc against a Long Position in the Mexican Peso while I wait for a Probable opportunity to buy USD's against the Swiss Franc in the coming weeks, IF, & ONLY IF, the market behaves as anticipated by completing a Gartley222 opportunity I have Identified. I am facing a consequential benefit that may occur in that the position that is hedged against my CHF positions may be trading at an inverse correlation with this market and my gains may end up being compounded.... Maybe. The worst case scenario, however, is that my trailing stops are activated and I am taken out of both of these positions with a gain as I am trading into profitable territory within a Risk Free Environment. I love this Game... Take Your Profits!!

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