Relative Strength Basket Trading System | Page 48 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading system using relative strength 2,816 replies

BASKET TRADE Management: Using multiple trade management EA's on basket trades 11 replies

Basket Knights - A Basket Trading Round Table 1,313 replies

Trading System Using Relative Strength-Part 2 1,499 replies

My version of a relative strength basket 2 replies

Attachments: Relative Strength Basket Trading System
Exit Attachments

Relative Strength Basket Trading System

  • #941
  • Nov 26, 2008 1:55pm Nov 26, 2008 1:55pm
Quoting jeff jordan
tried to hedge them with twice the size of the first trade size, but did not work using the KG JPY Basket, although gave the alert that 7 trades were open, but that was not the case!!!
Any explanation?
When you bring up the script for the hedge, try changing the magic number. I believe the script was designed that if all the trades didn't open you run it again and it will open the missing pairs. Since you already have all the pair trades open it won't open another one.
  • #942
  • Nov 26, 2008 1:56pm Nov 26, 2008 1:56pm
Quoting jeff jordan
tried to hedge them with twice the size of the first trade size, but did not work using the KG JPY Basket, although gave the alert that 7 trades were open, but that was not the case!!!
Any explanation?
my chart hasn't give me any clear signal yet
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 30 KB
  • #943
  • Nov 26, 2008 2:01pm Nov 26, 2008 2:01pm
Quoting seamonkey
When you bring up the script for the hedge, try changing the magic number. I believe the script was designed that if all the trades didn't open you run it again and it will open the missing pairs. Since you already have all the pair trades open it won't open another one.
I thought it was changed, I looked back and it was not!

Thanks
  • #944
  • Nov 26, 2008 2:06pm Nov 26, 2008 2:06pm
Quoting Anggara
my chart hasn't give me any clear signal yet
looking at your chart it is far away from any signals at this point, be patient, it will come.
  • #945
  • Nov 26, 2008 2:06pm Nov 26, 2008 2:06pm
Hi Jeff

As far I know if first set of script is running it will not allow you to open
the second set of script unless the first script is closed

You have to manually open the second trade as long the first script is running
  • #946
  • Nov 26, 2008 7:27pm Nov 26, 2008 7:27pm
just change the magic number - you cant open 2 baskets if they are the same number.

Eddie
  • #947
  • Nov 26, 2008 8:04pm Nov 26, 2008 8:04pm
hi everyone,

how is the market today? it seems so quite..
it's been ranging since yesterday..
no good for trade..

where is KG? did he open any trade?

even dow jones goes up but the currency still flat.. i think it is not good for the stock market rite now...

maybe it will go down again since the data showed very bad results...

thanks
  • #948
  • Nov 26, 2008 8:32pm Nov 26, 2008 8:32pm
stament
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 37 KB
  • #949
  • Nov 26, 2008 8:46pm Nov 26, 2008 8:46pm
Quoting harigp
stament
hi harigp,

when did you open these positions?
it looks good.

thanks
  • #950
  • Nov 26, 2008 8:52pm Nov 26, 2008 8:52pm
It was all opened just before and after us close. I tried to fill the basket whenever the JPY goes weak.Just see my earlier post of yesterdy where I marked the chart with two lows and the result after that
  • #951
  • Nov 26, 2008 8:56pm Nov 26, 2008 8:56pm
Hi crush

I tried to draw fibo connecting the high and low of JPY line

see the chart

Just an experment
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 47 KB
  • #952
  • Nov 26, 2008 9:03pm Nov 26, 2008 9:03pm
hi harigp,

it seems pretty good idea...
worth trying...

thanks
  • #953
  • Nov 26, 2008 9:07pm Nov 26, 2008 9:07pm
Hi crush

If JPY gets weaker and weaker we have to think the corresponding currencies are bought and over bought. If you Imagine one single pair where it has reached the top. Hopfully the time has come for the currencey to be sold .Connect the two tops and two bottoms
  • #954
  • Nov 26, 2008 9:09pm Nov 26, 2008 9:09pm
hope for the best
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf.gif Size: 28 KB
  • #955
  • Nov 26, 2008 9:22pm Nov 26, 2008 9:22pm
hi harigp,

same with me..
i opened buy too..

here is the chart..

got profit rite now +$12.6

i look for $100.. hope it gets..

thanks
Attached Image (click to enlarge)
Click to Enlarge Name: 7.png Size: 106 KB
  • #956
  • Nov 26, 2008 9:27pm Nov 26, 2008 9:27pm
good crush

When you draw the horziontal line up or down we are connecting the price action of more than three days

for me +18 $ hope it works

watch out other lines coming from top in the buy situation from the top of fibo
  • #957
  • Nov 26, 2008 9:48pm Nov 26, 2008 9:48pm
gosh...

its going down again...
rite now -$106

it has been ranging all the time

thanks
  • #958
  • Nov 26, 2008 10:33pm Nov 26, 2008 10:33pm
I doubled the buy let us see
  • #959
  • Nov 26, 2008 10:43pm Nov 26, 2008 10:43pm
Quoting crushbeat
gosh...

it has been ranging all the time

http://i33.tinypic.com/2vwfeoi.jpg

Bank Holiday in US
better going to glodok bro, buy some DVD and watch movies LoL...

staying in the sideline is as good as winning..

a
  • #960
  • Nov 26, 2008 11:02pm Nov 26, 2008 11:02pm
Quoting Anggara
http://i33.tinypic.com/2vwfeoi.jpg

Bank Holiday in US
better going to glodok bro, buy some DVD and watch movies LoL...

staying in the sideline is as good as winning..

a
do you think everyone knows where glodok is??lol...

@crushbeat

did you have your trade manager on ? it should have locked your profit in before it went negative
0 traders viewing now