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Attachments: Basket Knights - A Basket Trading Round Table
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Basket Knights - A Basket Trading Round Table

It's an international strategy
Not sexy but winning
:-D
Cheers
jf (France)
I am subscribed. You have got great stuff here. This is the very first thread I am subscribing to on FF. My C5 H4 Chart is attached.
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Good to see you are still basketing!
I am really finding value here. I am new to this trading method. So far, backtesting has been great. This has really simplified trading for me and has removed the need for too much analysis. I am currently applying what I have learned here on a demo account. Thank you TY Lamai for sharing.
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Quoting TyLamai
{quote} Oh yes! But in staggered fashion (a.k.a. Selective basketting). Like I mentioned on the flip side, what I'm seeing is a bloody range. Fundies are not in alignment and I sure won't be flying into trades anyhow. When the basket is thus, I usually trade DCs solely. This allows me take advantage of better R2Rs. Well done. Regards and Stay fluid, Ty
H4 Bias = Sell.
Selected pairs: GBPJPY and AUDJPY only.

...as I was saying about two years ago (quoted above for your convenience)...

Here's an example of the power of Staggered (Selective) basketting unleashed on a Prop firm's Challenge account...

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*Guess the Equity in play here...?

Regards,
Ty
My job: I speculate and manage risk.
Quoting TyLamai
{quote} H4 Bias = Sell. Selected pairs: GBPJPY and AUDJPY only. ...as I was saying about two years ago (quoted above for your convenience)... Here's an example of the power of Staggered (Selective) basketting unleashed on a Prop firm's Challenge account... {image} *Guess the Equity in play here...? Regards, Ty
+6.96% Banked. Done for the day.

Attached Image

Regards,
Ty
My job: I speculate and manage risk.
Quoting TyLamai
{quote} +6.96% Banked. Done for the day. {image} Regards, Ty
Not all days are +6% plus days...but it all adds up.

H4 = Sell
Selected pair: GBPUSD

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Only +0.45% left to hit the goal of 10%


Regards,
Ty
My job: I speculate and manage risk.
Quoting Blaiserboy
I use this to keep an eye on the different groupings {image}
By chance do you have the template file for this
Hi there, just started looking at this really interesting thread, got the chart up and running.. but this - has anyone seen such a thing..? When I scroll back, the chart is normal, but scrolling all the way to the right - gives me this weirdo.... ANY help much appreciated
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Quoting TyLamai
Hi guys, {image} If this gets enough interests (by way of Likes), then I might give an update on combining Basketting with Order Blocks... Regards, Ty
Dear Ty Master , yes please, would love to hear more about Order Blocks, TIA )
Quoting Yaya21
Hi there, just started looking at this really interesting thread, got the chart up and running.. but this - has anyone seen such a thing..? When I scroll back, the chart is normal, but scrolling all the way to the right - gives me this weirdo.... ANY help much appreciated {image}
Hi Yaya21,

Try and refresh your Basket Creator indicators by accessing their parameters and clicking on ok several times. You seem to have missing candles on your chart...I think.

Regards,
Ty
My job: I speculate and manage risk.
Quoting TyLamai
{quote} Hi Yaya21, Try and refresh your Basket Creator indicators by accessing their parameters and clicking on ok several times. You seem to have missing candles on your chart...I think. Regards, Ty
Thanks so much, Ty! I got it all to work, sometimes I guess MT4 takes it's time to get it's s*** together..
Anyway, I've been reading and reading this wonderful thread - thank you for such clear and interesting posts !
I was wondering if there's a telegram group or similar ?
Thanks so much again!
Hi TyLamai,

Would like to know how you are trading using this strategy through this testing time. Has it changed anything concerning how you trade?!!
"You can't buy the bottom, nor sell the top. The best you can strive for is
Hi TyLamai,

I have noticed something while creating the C5 basket, the H4 chart has a really huge gap....I don't know if that is normal or its an anomaly. Would anyone be kind enough to verify for me please?
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"You can't buy the bottom, nor sell the top. The best you can strive for is
@TyLamai
Thank you for this brilliant thread. Can you create a basket for Indices? Nasdaq, Dow, S&P500, Dax30, Nikkei225, Nifty50, Russel2000, Euro50...?
Anyone long baskets?
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Pip Student
Quoting Yaya21
{quote} Thanks so much, Ty! I got it all to work, sometimes I guess MT4 takes it's time to get it's s*** together.. Anyway, I've been reading and reading this wonderful thread - thank you for such clear and interesting posts ! I was wondering if there's a telegram group or similar ? Thanks so much again!
Glad that you got it to work Yaya21.

Unfortunately I don't manage a Telegram group at the moment for Basket trading. Since this trading strategy is considered by most traders not to be as sexy as other methods (its huge profitability be damned!) running a Telegram group is actually not on the cards at this time.

Regards,

Ty
My job: I speculate and manage risk.
Quoting Nonip
Hi TyLamai, Would like to know how you are trading using this strategy through this testing time. Has it changed anything concerning how you trade?!!
Hi Nonip,

Still trading it as usual:
- Signal
- Discount
- Continuation

Nothing's changed. Same system posted all over this thread. The discounting allows you to enter a trade at the most optimal point possible (in my opinion) win or lose.

Thanks for stopping by.

Regards,

Ty
My job: I speculate and manage risk.
Quoting Nonip
Hi TyLamai, I have noticed something while creating the C5 basket, the H4 chart has a really huge gap....I don't know if that is normal or its an anomaly. Would anyone be kind enough to verify for me please? {image}
Hi Nonip,

Kindly see this post on how to solve that gap issue: https://www.forexfactory.com/thread/...2#post13821522

Regards,

Ty
My job: I speculate and manage risk.
Quoting Simms
@TyLamai Thank you for this brilliant thread. Can you create a basket for Indices? Nasdaq, Dow, S&P500, Dax30, Nikkei225, Nifty50, Russel2000, Euro50...?
@Simms, I'm certain that some mad coder somewhere can create a basket for indices but certainly not me! Lol (Wish I could though)


Regards,

Ty
My job: I speculate and manage risk.
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