DislikedHI Basketeers...
One question and one observation from a new KOS basketeer (I've done a bit of basket dabbling in the past).
Observation
My 14 pairs (12-2) LONG basket is net swop positive 16 pips (+31 -15) rather than close long baskets when HAS changes could / should we leave it open and hedge instead? Obviously we'd need to keep an eye on the swop rates but an extra 112 pips a week isn't bad.
Question
I'm LONG on my first demo basket and see H1 and H4 resistance coming up. I know the prevailing view is...Ignored
On exiting "Ignore H4 at your peril".
H4 is forming a big part of the way trade the kos system now.
Psalms 82:6: Forex Must Bow!