Failure, is a wonderful teacher!
Simple System By T101 - My Thought 18 replies
SIMPLE EA for a simple method needed!! 1 reply
Continuation of T101 method discussions 24 replies
DislikedI was just LONG the basket, after waiting and watching all day for the perfect set up and hit +500 pips. Then, in the span of about 3 or 4 minutes, all of my pips disappeared and I exited the trade.
I also trade the ES contract (S&P eminis) and I had a separate screen open watching it rocket up on a 510 tick chart, along with my basket that was also going up. Then the ES contract dropped 50 points in 10 minutes....which is off the charts in terms of an ES move. This drop corresponded exactly with the evaporation of my basket pips. I have noticed this correlation before, and noted it in one of these threads, but this time I saw it in real time, while I watched my pips evaporate.
Check out the attached screen shots of the EURJPY (1M) and the ES contract (510T) taken at about 3:48 EST. The charts are not to scale because one is based upon time (1M) and the other ticks. Still not sure exactly who is following who, but there's no doubt in my mind that the basket is linked to the ES contract (at least during US equities market hours - 9:30am - 4:00pm EST).
SladeIgnored
DislikedI also trade the ES contract (S&P eminis) and I had a separate screen open watching it rocket up on a 510 tick chart, along with my basket that was also going up. Then the ES contract dropped 50 points in 10 minutes....which is off the charts in terms of an ES move. This drop corresponded exactly with the evaporation of my basket pips. I have noticed this correlation before, and noted it in one of these threads, but this time I saw it in real time, while I watched my pips evaporate.
SladeIgnored
DislikedSlade's observation has been insightful as always.
However, I am afraid that this correlation between EJ and ES contract doesn't imply a long-term reliable profitable trading opportunity.
It is a little distracted.
However, slade is the one of the few who understands T101's method most.Ignored
DislikedSlade's observation has been insightful as always.
However, I am afraid that this correlation between EJ and ES contract doesn't imply a long-term reliable profitable trading opportunity.
.Ignored
DislikedGeorge,
refer to attached file what do you need to do with your chart properties to hide the chart and not to obscure your indiator.
If you put the basket bars on the same chart you would watch PA (basket) on the same chart window (different inidcator windows).
This is how your \"ideal\" screen should look like (Copyright, hndymann)
http://www.forexfactory.com/showpost...&postcount=837
Regarding the other requests the best I can do is to give you an option to set a floating time frame like it is now (1 hour ago, 30 min ago, etc) or since beginnning of the correspondent candle (this hour, this 30 min, etc).
Would be great if you occasionally post your...Ignored
DislikedHi Orest,
Can you post a link to the Basket_Indicator shown in hndymann's post? Yes please, I'm interested in an option to set the column array timeframe from the beginning of the current trading day, etc.
Thank you,
GeorgeIgnored
DislikedWell, I beleive we have all the tools, don't we? Maybe it's possible to make them nicer, but they are still sufficient to trade this method. Everybody's welcome to share setups and ideas.Ignored
DislikedHere are this week screen shots every 5 minutes interval:
http://www.tickjob.com/T101/T101-IB-27-oct.pdf
http://www.tickjob.com/T101/T101-Alp...1hr-27-Oct.pdfIgnored