Hello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
Julius
T101
Julius
SIMPLE EA for a simple method needed!! 1 reply
trader101 method based trades 12 replies
Trader101 Method Back Testing Tool Q+A 16 replies
Setting up the Basics for Trader101 style trading. 28 replies
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedThank you Master for the lesson.
In regarding to how to trade GU and GJ, let say if they are next each other on the Top Half, do we long GU and short GJ?
Thank you.
gFXIgnored
DislikedI will be announcing another MSN meeting perhaps next week to first discussed similar guideline for IBFX before i will publish it.
JuliusIgnored
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedThanks Julius... very interesting observation. One quick comment... is part b supposed to say "most profitable to trade them when they are close" ? Only makes sense since they tend to repel one another. Enjoy your weekend!
LukeIgnored
DislikedI dont know the specifics of your question but i would say the highest pair normallly jump over the lower pair and and proceed downward while the higher pair proceed up and start to maintain their symmetrical position.
JuliusIgnored
DislikedHello, this is the guideline that i discuss in the last MSN meeting: Take time to learn it and it will deliver pips for you.
T101
JuliusIgnored
DislikedSorry, but i don't understand. Higher pair go down and go up ?
(1) Highest pair jump over lower pair and go down
(2) Higher pair proceed up
As for the attachment,
(a)(1) EU and UC come close to each other
and
(c) EU and UC to trade them when apart
Is confusing for me, trade EU and UC when close and trade them when apart ? can anyone help me explain the above ?Ignored
DislikedOrest,
I'll try and explain better my idea. After I made the recommendation earlier in the week about highlighting and tracking the anchor pairs, I re-read the basic trading strategy and now think it's most important to first track and record, the points in time when the buy and sell sets settle into their distinct polariin separate zed groups (ie, all buys in 1-7 slots and sells in 8-14 slots). The reason is the trade entries are triggered after this setup occurs. These settling 'events' would be displayed in the current pair columns. Pair rankings would be captured at that time of polarization, rather than at arbitrary times of 1 day back, 1 week back, etc..
Trader 101 gave instructions to setup the IA and then wait for the 'settling out' to occur first. This could take 1-2 days. Your indicator currently has coded a way to track and display the fluctuating pip values and ranking of the 14 pairs. So this can skip the wait time previously required as there can be an ongoing monitoring of pair movements. Whenever all pairs group in the polarized position a 'tradeable moment' is impending. Could the indicator look back in history and capture these moments and display perhaps the last two such events? The third column would list the current real-time updating setup based on 1m or tick movement as you currently have.
In this way the recent significant moments when sets were 'settled' would be clearly indicated, and the related trend direction. This would help make sense of the current pair movements. An alert could be triggered when the pairs in the current column became polarized. The trader could then watch for the impending crossover to trade pairs, and watch for the longer development of anchor switching to indicate the 14 pair basket trade.
Does this make sense or seems doable?
LeoMIgnored
DislikedSorry its the lower pair to proceed up and he is talking the pairs that repel the GU and the GJ.Ignored