F X trading

General Discussion / Chit Chat
1

Just wondering do3s any one use any of SWS to trade FX indeed is it possible to make a portfolio and use any of the systems to trade it ???

2

AUD/USD has open and close signals. I think that’s about it.

3

Ralph,

SWS doesn’t have any FX trading systems.

Have a look at the chart on any FX pair over the long term. There are very few, if any, long term trends. So there is no organic long-term rise as you see in stocks, indices (ETFs) and crypto.

Won’t go into reasons for this except to say it is what it is.

This means that it’s tough to profit from med-longer term trends using daily data, or longer.

Meaning:

  1. FX is a much shorter term trading instrument
  2. best suited to intraday and 1 -5 day hold periods for ultra & short-term trend following, and mean reversion systems
  3. its time-intensive to do, relentless
  4. higher risk due to high leverage and high volatility
  5. unsuited to use with large %ages of liquid investible capital (think Core & Satellite Asset Allocation Framework)

For these reasons SWS won’t be researching an FX trading system.

4

Thanks Gary I use EW to jag a trade every now and then works well but its a long time between drinks