Some Friday results
- #7,485
- Edited 12:38pm Feb 26, 2021 9:15am | Edited 12:38pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Don't forget, the price for the Currency Trader will be going up on Monday.
This is the present price;
This is the present price;
- #7,490
- Feb 26, 2021 6:11pm Feb 26, 2021 6:11pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
If you had gone long all 28 pairs at the beginning of the week.
- #7,491
- Feb 26, 2021 6:13pm Feb 26, 2021 6:13pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
C14 for the week.
- #7,492
- Feb 26, 2021 6:27pm Feb 26, 2021 6:27pm
- | Commercial User | Joined Jul 2009 | 5,727 Posts
This was a nice Long Basket Today.
- #7,493
- Feb 27, 2021 9:49am Feb 27, 2021 9:49am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Here are some Friday Baskets.
MM is up to the Trader.
Mostly short baskets for Friday's Session.
These were picked using the CS Histogram Button.
These new versions of the CT and PIP Trader will be out this next week.
MM is up to the Trader.
Mostly short baskets for Friday's Session.
These were picked using the CS Histogram Button.
These new versions of the CT and PIP Trader will be out this next week.
- #7,495
- Edited 11:11am Feb 27, 2021 10:13am | Edited 11:11am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Seller9/ On one of your Demo's you had a reverse button in the program on ts2 and removed it. Was that to be engaged in a situation as shown below? {image}
When the PIP Trader TS takes a short basket trade it will reverse all the trades from what is normal.
The Logic assumes you are looking for positive PIPs and if the PIPs go negative it assumes the direction the basket is going is against what you were looking for and so it will reverse all the trades. This is determined at the start by the selection of the entry lines. You can choose which one or both to use and when one is broken the determination of how to trade the pairs will be made. Here is an example of a manual basket picks where we set them all up as long trades when we built the basket, but looking at all these pairs you can see they are all short trades. We sent them over to the PIP Trader as long trades to be taken. In the PIP Trader we turned on both Long Entry and Short Entry lines. You can see it broke the Short Entry line which tells us we made the wrong initial direction to trade as it is going the opposite way. So because it broke the Short Entry the PIP Trader will reverse all the trades and instead of going long on all trades it will go short and we will make money even though we picked the wrong direction when we sent our picks to the PIP Trader. The PIP Trader does not pick or choose which pair to reverse but reverses all or none. I hope this makes sense. The PIP Trader tries to pick the best direction to trade your Basket.
Long Basket Trade:
Yellow pairs go long
Magenta pairs go short
// -------------------------------------------------------
Short Basket Trade:
Yellow pairs go short
Magenta pairs go long
- #7,496
- Feb 27, 2021 10:21am Feb 27, 2021 10:21am
- | Commercial User | Joined Jul 2009 | 5,727 Posts
Some more possible Friday Baskets.
You must remember that a PIP Chart and Price Chart do not always move together, so they can look different, that's where picking the proper MM comes into play. A peak in the PIP Chart does not mean that the Price will also peak at the same point in time.
You must remember that a PIP Chart and Price Chart do not always move together, so they can look different, that's where picking the proper MM comes into play. A peak in the PIP Chart does not mean that the Price will also peak at the same point in time.