Index basket trading | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies

mt4 basket index chart? 10 replies

Currency Basket and Carry Trading 51 replies

Attachments: Index basket trading
Exit Attachments

Index basket trading

  • #41
  • May 17, 2018 1:59pm May 17, 2018 1:59pm
Quoting shengjenwang
{quote} helllo, ea i mean dingdong99's, like if i trade eurusd i can set up the tp and al, but if i trade the eurlfx , how can i set up sl and tp on dingdong99
I close manually.
Anything above the line is an uptrend, below the line is a downtrend.
  • #42
  • May 17, 2018 2:31pm May 17, 2018 2:31pm
Quoting shengjenwang
{quote} helllo, ea i mean dingdong99's, like if i trade eurusd i can set up the tp and al, but if i trade the eurlfx , how can i set up sl and tp on dingdong99
With FIBO v3, check these settings out. You can create TP and SL or TRAILING STOP, which is the "AT Profit 1" and "Lock 1"

Attached Image (click to enlarge)
Click to Enlarge Name: TP SL.PNG Size: 24 KB
Don't Buy after a Rally, Don't Sell after a Drop
  • #43
  • May 18, 2018 4:37am May 18, 2018 4:37am
Taking it more easy in London. Missed the EUR downtown train...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp chart.png Size: 45 KB
Attached Image
Anything above the line is an uptrend, below the line is a downtrend.
  • #44
  • May 21, 2018 5:03am May 21, 2018 5:03am
GBP reversal
Attached Image (click to enlarge)
Click to Enlarge Name: gbp chart.png Size: 45 KB
Attached Image
Anything above the line is an uptrend, below the line is a downtrend.
  • #45
  • May 21, 2018 1:50pm May 21, 2018 1:50pm
Thanks Degolep for sending me a link to this thread

Has anyone thought about adding an MTF trend indicator to your main entry chart? I don't want to contribute to what normally happens with promising threads and get away from the core concept of S&D trading here but I had two massively successful entries with AUD overnight and GBP this morning on a demo account (unfortunately I neglected to screenshot) thanks to a 15m through to 1D trend confirmation using Trend Dashboard 2.
  • #46
  • May 21, 2018 2:28pm May 21, 2018 2:28pm
Quoting sixbuttons
Thanks Degolep for sending me a link to this thread Has anyone thought about adding an MTF trend indicator to your main entry chart? I don't want to contribute to what normally happens with promising threads and get away from the core concept of S&D trading here but I had two massively successful entries with AUD overnight and GBP this morning on a demo account (unfortunately I neglected to screenshot) thanks to a 15m through to 1D trend confirmation using Trend Dashboard 2.
What is this Trend Dashboard 2. ? And which MTF indicator are you talking about?
Anything above the line is an uptrend, below the line is a downtrend.
  • #47
  • May 21, 2018 2:45pm May 21, 2018 2:45pm
Quoting Degolep
{quote} What is this Trend Dashboard 2. ? And which MTF indicator are you talking about?
Attached Image (click to enlarge)
Click to Enlarge Name: kipper.png Size: 30 KB


Here's Trend Dash Board 2 in action. I'm not sure how it works but each of the four trend indicators are based on slightly different criteria. In this example we've had some resistance with USD and the short term trend of the market is very much down, as well as a 34/14 moving average cross. What would stop me entering now is that the daily trend is 50/50 - I'd be inclined to either wait for a pullback and more resistance to be created or 3 of the daily trend indicators switching to down.

I don't think it's too different to the momentum indicator you use Degolep

This did me well for AUD and GBP today, but in this example you could easily argue most of the move has been missed.
  • #48
  • May 22, 2018 2:56am May 22, 2018 2:56am
EUR hit the daily support level
Attached Image (click to enlarge)
Click to Enlarge Name: eur chart.png Size: 45 KB
Attached Image
Anything above the line is an uptrend, below the line is a downtrend.
  • #49
  • May 23, 2018 6:47am May 23, 2018 6:47am
JPY Sell. Entered on the Yellow dotted line

Attached Image (click to enlarge)
Click to Enlarge Name: JPY Sell.png Size: 76 KB


Attached Image (click to enlarge)
Click to Enlarge Name: JPY Sell 2.png Size: 175 KB
Don't Buy after a Rally, Don't Sell after a Drop
  • #50
  • May 23, 2018 3:37pm May 23, 2018 3:37pm
Success on a USD buy this morning (GMT 8am), although JPY going through the roof hurt my overall profits. Definitely going to start looking for strength in other currencies and avoid taking those pairs as part of any basket in the future I think.
  • #51
  • May 28, 2018 5:59am May 28, 2018 5:59am
Caught EUR short earlier after quite a bit of the move had gone but still hit my profit target. The currency strength candles were 70% sell on H4 and 60% on D1 and a fresh resistance zone had been created so I went with it and hit the goal within 2 hours.

I will start posting screenshots but this is easy. I'm 4 wins from my last 5 baskets!
  • #52
  • May 28, 2018 12:35pm May 28, 2018 12:35pm
Quoting sixbuttons
Caught EUR short earlier after quite a bit of the move had gone but still hit my profit target. The currency strength candles were 70% sell on H4 and 60% on D1 and a fresh resistance zone had been created so I went with it and hit the goal within 2 hours. I will start posting screenshots but this is easy. I'm 4 wins from my last 5 baskets!
It's not always the case.
There is a random distribution between wins and losses and nobody can control that.
  • #53
  • May 29, 2018 12:22am May 29, 2018 12:22am
In we go. EUR short.

Attached Image (click to enlarge)
Click to Enlarge Name: basket1.png Size: 36 KB
  • #54
  • May 29, 2018 1:21am May 29, 2018 1:21am
And profit target hit.
  • #55
  • May 29, 2018 1:32am May 29, 2018 1:32am
Attached Image (click to enlarge)
Click to Enlarge Name: chf chart.png Size: 34 KB
Attached Image
Anything above the line is an uptrend, below the line is a downtrend.
  • #56
  • Edited 12:17pm May 29, 2018 12:00pm | Edited 12:17pm
AUD SELL. Not Traded for some time. Been a little busy. Entered @ the price on the chart: 1.4920


Attached Image (click to enlarge)
Click to Enlarge Name: AUD Sell.png Size: 78 KB


Attached Image (click to enlarge)
Click to Enlarge Name: AUD Sell 2.PNG Size: 14 KB
Don't Buy after a Rally, Don't Sell after a Drop
  • #57
  • May 29, 2018 12:04pm May 29, 2018 12:04pm
Quoting Wallaa
AUD SELL. Not Traded for some time. Been a little busy {image} {image}

usd sell
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Picture22.jpg Size: 68 KB
Click to Enlarge Name: Picture15.jpg Size: 113 KB
  • #58
  • May 29, 2018 1:40pm May 29, 2018 1:40pm
Quoting tradere
{quote} usd sell {image} {image}
next time please show your entry. like I said in the first post. So everybody can learn from the trade.
Anything above the line is an uptrend, below the line is a downtrend.
  • #59
  • May 29, 2018 3:24pm May 29, 2018 3:24pm
AUD sell, taken just after 23:00 GMT. This looks like a strong sell to me, and I've shown why on the screenshot:

Attached Image (click to enlarge)
Click to Enlarge Name: audsell.png Size: 38 KB


My broker's not letting me take GBPAUD atm for some reason :/

Attached Image (click to enlarge)
Click to Enlarge Name: audsell2.png Size: 54 KB
  • #60
  • May 29, 2018 4:29pm May 29, 2018 4:29pm
AUD sell basket really picking up steam now. Currency strength candles have further pushed to the sell side.

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: audsell4.png Size: 53 KB
0 traders viewing now