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Basket Knights - A Basket Trading Round Table

  • #1,141
  • Dec 10, 2019 4:30pm Dec 10, 2019 4:30pm
Quoting TyLamai
C5/C14 Index are currently Bullish... {image} Same plotlines on the H1... {image} ...will look to trade the following pairs as (IMHO) they present the cheapest DC opportunities. *Will be avoiding EUR and GBP crosses for now: AUDJPYb CHFJPYb USDCHFb USDJPYb CAD Index is currently Bearish... {image} ...but I'm looking for a Bullish bounce and will look to trade the following pairs once opportunities are presented: AUDCADs CADCHFb CADJPYb Regards and Stay fluid, Ty
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Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,142
  • Dec 11, 2019 6:39am Dec 11, 2019 6:39am
Hello yesturday night opened C14 s
  • #1,143
  • Dec 12, 2019 11:11am Dec 12, 2019 11:11am
Quoting TyLamai
C5/C14 Index are currently Bullish... {image} Same plotlines on the H1... {image} ...will look to trade the following pairs as (IMHO) they present the cheapest DC opportunities. *Will be avoiding EUR and GBP crosses for now: AUDJPYb CHFJPYb USDCHFb USDJPYb CAD Index is currently Bearish... {image} ...but I'm looking for a Bullish bounce and will look to trade the following pairs once opportunities are presented: AUDCADs CADCHFb CADJPYb Regards and Stay fluid, Ty
Final result:
Attached Image

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
  • #1,144
  • Dec 12, 2019 11:53am Dec 12, 2019 11:53am
Quoting TyLamai
{quote} Final result: {image} Regards and Stay fluid, Ty
Impressive results as usual Ty...
  • #1,145
  • Dec 17, 2019 1:28am Dec 17, 2019 1:28am
Quoting LifeHunt3r
I’m sharing with you a quick demo scalp trade I took this morning approximately 20 minutes before London Open to illustrate how EAX is used for Basket Trading. 07H39 GMT This was my EAX dashboard before the trade. It is set up with only the pairs within my basket – C8 – not all 28 pairs. I use EAX as a Trade Manager instead of scripts to open my basket trades, as well as for TP, SL, Trailing Stop/Profit Lock and BE. No EAX auto trading with baskets… yet. At the bottom of the screen you will see the BasketChart indi I previously posted. It is running...
Hello,
Fist of all!
I would like to say BIG Thanks to TyLamai and LifeHunter for basket trade teaching.
I use C8 basket and made a little scalp on this morning before London session.
My low balance now only let the scalp strategy. My brain cant accept bigger DD so if I can catch 10 - 20 pips in same time on 8 pairs it is the best for me now.
Im just testing it first. But looks very good.

Next to TDI I use Stoch cross signs
10 - 3 - 4 (redorange/blue)
50 - 30 - 2 (white)
50 - 2 - 30 (pink/green)
It just help me to show where were the crosses + With TDI clone (+ with NEWS/FUNDAMENTAL) can see if it can be the backward point.

Have a nice week and more green pips!
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  • #1,146
  • Dec 17, 2019 5:13am Dec 17, 2019 5:13am
[quote=Szomihu;12665811]{quote}
That is why need test first.
As I said I prefer small DDs now.
So after the post I made SL basket +0.5$ (function as PL)
It reached in a minute and after go to south.
I need to read TyLamai's basket SL post again and make my strategy to basket trades.

Cheers.
Bence
  • #1,147
  • Dec 17, 2019 8:58am Dec 17, 2019 8:58am
subscribe and start testing.
so far so got
Can you make basket whit AUD and NZD pairs (audusd, audeur, audjpy, audgbp and same for nzd) I think that there will be excellent results
  • #1,148
  • Dec 26, 2019 2:50am Dec 26, 2019 2:50am
I hope you are all enjoying the holiday season. I wish you a prosperous 2020.

Long trend since Nov 26. Exactly 1 month today.

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No new trades until there is a short signal.
  • #1,149
  • Jan 1, 2020 8:43pm Jan 1, 2020 8:43pm
Happy new year to everybody and thank you to those who share theire work
Chris
  • #1,150
  • Jan 1, 2020 11:21pm Jan 1, 2020 11:21pm
Quoting TyLamai
{quote} This is a great question kasrafx, one I've been waiting to be asked. Here's how to "solve" this issue. #1. Go to the Blank GBPJPY H1 chart where ALL the Basket creating indicators are. #2. Right-click on the chart and select "Indicators List" to access the indicators present on the Blank GBPJPY chart. #3. To access the Input parameters of theBasket creating indicator(s), simply double-click on EACH one and select Ok - this is enough to reset the indicator and make the "missing" bars show. Regards and Stay fluid, Ty
Have just come across your thread...the above just answered one of my questions. All good now...everything loaded and now working. I will try using a Script called Easy Order (in the FF threads) to place orders. 0.01 lots as my default, (optional Lot or Risk based calculation)...sets P-Order lines with SL and TP that you can move to your desired SL$ value (and TP). Seems to work well for your recommended Risk $40 etc-easy to use/move the lines without having to calculate anything, all the work done for you.

I will start it up next week. Thanks for the system and the thread. Still got a lot of reading to do to catch up.
Cheers
Rod
  • #1,151
  • Jan 2, 2020 2:16am Jan 2, 2020 2:16am
Quoting bishopdotun
I hope you are all enjoying the holiday season. I wish you a prosperous 2020. Long trend since Nov 26. Exactly 1 month today. {image} No new trades until there is a short signal.
Happy New Year to y’all.

Still long....
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  • #1,152
  • Jan 2, 2020 12:18pm Jan 2, 2020 12:18pm
New sell trend (20/3)

Goodluck.....
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  • #1,153
  • Jan 2, 2020 3:15pm Jan 2, 2020 3:15pm
Happy new year and best wishes to TyLamai and everyone !

@bishopdotun, interesting you moved to 20/3. did you do it for a bit earlier exits ?
This is not the end, its the end of the beginning. W.C 1942
  • #1,154
  • Jan 3, 2020 6:45pm Jan 3, 2020 6:45pm
Hi Ty & others,
Just finished reading the whole thread...taking notes/screen shots etc. Now to go over my notes (and reduce the size from 46 pages to a concise summary) and get a fresher understanding. Great seeing the many examples from all traders-many who are skilled at their work. I have included a screen shot of my chart set up with some of my early notes/understanding of the system. I'm sure after re reading my notes some aspects/understanding will change. I havent tackled the individual charts as yet and how they could play out in deciding when to enter-need to read a bit more.

I have been trading for a long time, firstly with EA's with a group that was successful for a few years then the markets changed-end of that system. I have been mainly scalping the DAX for the last 4 years with another group (Mean Renko charts mainly-London Open for 2-3 hours) with reasonable success. The biggest issue with scalping for me is the Fear/Greed issues. I will continue to Scalp (only 2 hours a day) however seeing your thread has given me a potential additional way of trading that will not impact my scalping the DAX. I scalp to make 10-20 pips a day, so getting my head around the massive potential pip earnings of Basket Trading will test out my Fear/Greed and will probably make me a better trader, or I hope so.
Regards
Rod
Australia-East Coast
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  • #1,155
  • Jan 4, 2020 6:45am Jan 4, 2020 6:45am
Quoting bishopdotun
New sell trend (20/3) Goodluck..... {image}
Progressing nicely...
1 re-entry added. 4 more re-entry slots to go.

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  • #1,156
  • Jan 7, 2020 5:07am Jan 7, 2020 5:07am
Quoting bishopdotun
{quote} Progressing nicely... 1 re-entry added. 4 more re-entry slots to go. {image}
Still progressing.....after a retrace and a bounce...

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  • #1,157
  • Jan 15, 2020 4:00am Jan 15, 2020 4:00am
Quiet here, is all the action in the skype group?
EX BBMA trader focusing on REE code.
  • #1,158
  • Jan 17, 2020 3:34pm Jan 17, 2020 3:34pm
Quoting Simontw
Quiet here, is all the action in the skype group?
We are alone
Hello Ty where are tou ?
  • #1,159
  • Jan 19, 2020 6:11pm Jan 19, 2020 6:11pm
Compliments of the season guys.

After a while it looked as though I was soliloquizing...(i.e. talking to myself) so I decided to take a step back and watch you guys trade to see if any interactivity would ensue...I'm sure y'all know how THAT panned out.

Well, I'm still trading as usual, just silently. Most of what I have to say has been said.

Happy to get back to full time basketting after the Christmas break.

Here's hoping for more interactivity.

Regards and Stay fluid,

Ty
Attached Image
My job: I speculate and manage risk.
  • #1,160
  • Jan 19, 2020 6:16pm Jan 19, 2020 6:16pm
Quoting Simontw
Quiet here, is all the action in the skype group?
Nope. No "action" in the Skype group either.

Incidentally, I decided to shut that down late last year - needless to say, it did not achieve its desired purpose...I think "serious basket trading" and Skype grouping do not go together it would seem.

Anyway, I'm shutting that down at the end of this month.

I apologize for any inconvenience caused.

Regards and Stay fluid,

Ty
My job: I speculate and manage risk.
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