1
BASKET TRADE Management: Using multiple trade management EA's on basket trades 9 replies
Trading 8 Forex Pairs - Fully Automatic - Basket Trading 7 replies
TMS basket: Dashboard for a basket of MA-Filtered RSI Signals 135 replies
Hedge,Basket, Trading Calculation How to 15 replies
Currency Basket and Carry Trading 51 replies
Disliked{quote} I am waiting for the green arrow in M15 before entering at GJ 15MIgnored
Disliked{quote} Tried to send you a PM but couldn't. Maybe your settings? Regards and Stay fluid, TyIgnored
DislikedFinally a sell signal to hedge my positions. Going for a full hedge on the turn of the hour. {image}Ignored
DislikedSome positive news on US vs China tradewar, US economy and Brexit. The market turned bullish. Don't know how long that will last. I simply trade what I see. I am long across C14 pairs (minus UsdChf) {image} In the short term, there seems to be some pullback/retrace in motion. So, I hedged my positions with short trades off the signal on M15 chart. {image} The retrace could soon become active on H1 chart as well. If that happens, I will also double up my sell positions on H1. {image} I trade signals on H4, H1 and M15 independently. That's a lot of...Ignored
Disliked{quote} It certainly is a lot of work. So what do you do with the H4 Buys if the H1 & m15 Sells keep going? Will you keep them running indefinitely? It will be interesting to see how you play this. Regards and Stay fluid, TyIgnored
Disliked{quote} Over a long period of time, I have seen that holding H4 signals works pretty well and can smooth out noise. So I will definitely hold it. I may even get opportunities for re-entry. The last H4 signal lasted for 2 months with 4 re-entry opportunities (red arrows from CC indicator). That was a massive harvest. We may be up for that scenario again particularly if UK & EU resolves Brexit gridlock and US & China calls truce on the trade fiasco. We can't predict that so we trade what we see.Ignored
DislikedThe market is open and we get a gap down on most pairs. The M15 signal has some gas behind it. I have now added to the position. I will take out half of the positions if we manage to get to the redlines. {image} ...and I am now watching the H1 chart closely. Waiting to confirm the sell signal before I shoot. {image}Ignored
DislikedI'm old school so will wait for the dirt to settle to the bottom of the glass. That should be enough time to see if the H4 long holds or turns out to be Ty's discount to the short side. Patience is key or at least that's what works for me. Just to be clear I'm waiting for the Long as my H4 is now Long and entry off the M15. Dave {image}Ignored
Disliked{quote} Yes Dave for now I'll be treating this gap down as a Discount-Continuation (DC) because my H4 is still signalling a Buy basket. So if the m15 (which is currently signaling a sell) turns around and signals a buy AND H4 still remains a Buy, then the re-alignment will be a confirmation of the DC and I'll add more trades to my very few remaining Buy basket trades. The opposite scenario will be if the current m15 + H1 sell signals continue heading south and moves onto the H4 chart (thereby signalling a Sell basket). If this happens, I'll close...Ignored