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Sjoerd Jan ter Welle

A pilot who doesn't have any fear probably isn't flying his plane to its maximum. - Jon McBride, astronaut

04/01/2016

Forex Hedging: How to Protect Yourself from Foreign-Currency Risks

When you do business with companies abroad and get paid in foreign currencies, you might wander if you can protect the business trade against a drop in exchange rate. Lets take an example where you do business with a South … Continue reading →

Filed Under: Forex trading, Risk management, Trading education, Trading strategy Tagged With: Carry Trade, hedge, Interest Rate Differential, Rand, Sjoerd Jan ter Welle, sjoerdjanterwelle, South African Rand, ZAR

19/12/2015

Setting up One-Cancels-Others (OCO) orders in FX Synergy

Sometimes a price is in congestion and you expect it to move out of its congestion phase but you don’t know in which direction you expect the move to be. In such situations you can setup a one-cancels-others (OCO) conditional … Continue reading →

Filed Under: Forex trading, FX Synergy, Metatrader 4 Tagged With: Forex, FX Synergy, OCO, Sjoerd Jan ter Welle, sjoerdjanterwelle, Trading, valutahandel

14/12/2015

The VPOC indicator

I just added a new indicator to my trading setup called the VPOC indicator. I do not believe in trading robots or the use of lots of indicators to “decide” for me when to open or close a trade. However, I use Japanese candlesticks … Continue reading →

Filed Under: Forex trading, Metatrader 4, Trading education Tagged With: Forex, MetaTrader 4, MT4, Sjoerd Jan ter Welle, sjoerdjanterwelle, Trading, VPOC

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Leonardo da Vinci

“Once you have tasted flight, you will forever walk the earth with your eyes turned skyward, for there you have been, and there you will always long to return.”

Recent posts

  • Christian Dior by Twinstar Aircraft
  • Trading without Installing Software
  • The Karoo

Expected Return from Forex Trading?

29/09/2014 By sjjan

What is the financial return you can expect from trading forex? It all depends on you and to be honest: I don’t know how well you will do. If you are serious about trading foreign exchange, and you focus on … Continue reading →

Forex Hedging: How to Protect Yourself from Foreign-Currency Risks

04/01/2016 By sjjan

When you do business with companies abroad and get paid in foreign currencies, you might wander if you can protect the business trade against a drop in exchange rate. Lets take an example where you do business with a South … Continue reading →

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