Basket Knights - A Basket Trading Round Table

Quoting TyLamai

Disliked

{quote} Trading Nuggets! Here's ANOTHER way to look at the above EG chart/trade... We know that a Sell basket like the one we are in at the moment = Risk Off. So AUD, CHF, EUR, GBP, and NZD should (IDEALLY) be weaker than USD and JPY...ideally. Now, what if while that is happening EUR is (at the same time) STRONGER than GBP?...which would explain why the above chart is heading up. EG is not a USD or JPY cross. If EUR is currently stronger than GBP then it simply means that I am trading COUNTER to the prevailing EG trend (although the H4 basket =...

Ignored

Quoting volumeprice

Disliked

{quote} This information is golden! Thanks Ty as always.

Ignored

Quoting TyLamai

Disliked

{quote} Trading Nuggets! Here's ANOTHER way to look at the above EG chart/trade... We know that a Sell basket like the one we are in at the moment = Risk Off. So AUD, CHF, EUR, GBP, and NZD should (IDEALLY) be weaker than USD and JPY...ideally. Now, what if while that is happening EUR is (at the same time) STRONGER than GBP?...which would explain why the above chart is heading up. EG is not a USD or JPY cross. If EUR is currently stronger than GBP then it simply means that I am trading COUNTER to the prevailing EG trend (although the H4 basket =...

Ignored

Quoting TyLamai

Disliked

{quote} +814 pips floating with +151 pips banked. (H4 Sell basket still valid) Flying semi-blind on this basket that's all I can muster at the moment. I envy you! Regards and Stay fluid, Ty {image}

Ignored

Quoting TyLamai

Disliked

{quote} Resting at +652 pips banked...with no open positions. It's been a crazy week for me equipment-wise but I can't complain. H4 Sell basket still valid. I will reenter newer sells next week on all pairs with confirmed DCs as long as this signal remains. Regards and Stay fluid, Ty {image}

Ignored

Quoting le celte

Disliked

I'm testing this Indy : Strength Pips Only interesting when Price Indy > or < line 150 I can see after London Open : EUR (color Gray) fall So I take the 7 EUR And Bam YESSSSS {image}

Ignored

Quoting bishopdotun

Disliked

New Signal on H1 It's Friday and I got long signal on H1. But H4 short is still active. I expect different types of news over the weekend. So I hedged my positions according to the signals. H1 - Long {image} H4 - Short {image} Both will be left to play out. I will be adding more trades when I see re-entry opportunities. Next week is full of news. SO trade carefully folks. Have a great weekend.

Ignored

Quoting bishopdotun

Disliked

Looks like the support will hold...... but I don't know and I can't guess. I just trade what I see. Either setup can flip. No guarantees. H1 - Long {image} H4 - Short {image}

Ignored

Quoting volumeprice

Disliked

{quote}...On the contrary, fundamentals are still gloomy thus still bearish. Fundy trumps PA for me. So im am still bearish but more cautious.

Ignored

Quoting TyLamai

Disliked

Pretty much everything remains the same: - H4 Sell basket is still valid. - I'm trading a Selective Sell (*s = Sell | *b = Buy) basket with: sAUDJPY, sCHFJPY, sEURGBP, sEURJPY - I'm also trading a Counter Buy basket with: bNZDJPY, bNZDUSD, sUSDCHF So far floating = +163 pips. Regards and Stay fluid, Ty

Ignored

Quoting le celte

Disliked

Hello Ty and Gentlemen, I try to play 7 Symbols on TF 15 mn; (here 7 GBP) With the momentum given by the Strength indicator. The input is manual, then an EA manages the output. Not so easy ... Here I take 7 GBP before Franckfort and London open (vertical green and yellow lines are the market open lines) The green arrow is the second signal ( > at 0.007 ) Closed by the EA manager at 70 green pips Better to trade signals after London open jf {image}

Ignored

Quoting volumeprice

Disliked

{quote} Nice. What EA are you using?

Ignored