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Thread: Basket pairs and currency index

  1. #1
    Senior Member fxtester's Avatar
    Join Date
    Nov 2008

    Default Basket pairs and currency index

    For example USD index, we have a breakout of the 20 EMA, with two other candles over/under the EMA after the breakout, including the second one in the direction of the breakout.

    If the breakout is long, we buy USDNOK, USDSEK and USDCHF and sell GBPUSD, EURUSD. Same lot size.

    Otherwise the contrary.

    Close on the opposite breakout (without the two candle rules).

    Source : A Profitable Basket Strategy - Dukascopy Community

  2. #2
    Join Date
    Nov 2014


    Naturally for basket trading strategies, the lower the spreads, the better it is for trading result, especially with scalping trading strategies. traders should had a proper understanding, how spread affect our trading result. consider how much it cost, what benefit and what the risk. scalping are commonly an overtrade system, which means spread does matter with this trading system. based on my experience, Armada Markets gives traders with very good trading condition, it will cost less when happen to basket trading activity.

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