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Relative Strength Basket Trading System

  • #1,721
  • Dec 11, 2008 2:12pm Dec 11, 2008 2:12pm
Quoting gav
As I see it, all pair make profit except usdjpy
Not sure what you were referring to, they were ALL negative!

Eddie
  • #1,722
  • Dec 11, 2008 2:13pm Dec 11, 2008 2:13pm
Quoting jeff jordan
KG,
I got it: if going up + and if going down it is -, wow!!!
Yup it just reflects which way the price has gone and will match up with the STRONG/WEAK signal.

Eddie
  • #1,723
  • Dec 11, 2008 2:28pm Dec 11, 2008 2:28pm
In again as at the top and coming down fast (ish)

I have stepped up to 0.02 lots after today's solid trading...... time will tell.

Eddie
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  • #1,724
  • Dec 11, 2008 2:30pm Dec 11, 2008 2:30pm
yup, eddie,
this might blow up the rule of the 10-point difference!!!! not sure yet, need some more testing!!!
  • #1,725
  • Dec 11, 2008 2:41pm Dec 11, 2008 2:41pm
Eddie, i maybe wrong but shouldnt those have been SELL orders ?
  • #1,726
  • Dec 11, 2008 2:47pm Dec 11, 2008 2:47pm
Good Morning all,

How the trades ?

Thanks

KG
  • #1,727
  • Dec 11, 2008 2:57pm Dec 11, 2008 2:57pm
Quoting mt41969
Eddie, i maybe wrong but shouldnt those have been SELL orders ?
Sell = STRONG

Buy = WEAK

... it was STRONG, then changed to WEAK, so BUY it is.......

DD is currently -£10.04 - I just need to wait......

Eddie
  • #1,728
  • Dec 11, 2008 3:01pm Dec 11, 2008 3:01pm
Not looking good as it has just reversed back to STRONG!

It is at the top so I just need to sit and wait.......

Eddie
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  • #1,729
  • Dec 11, 2008 3:03pm Dec 11, 2008 3:03pm
Yes but you are not entering the Asian session, so i would expect it to rise sharply as there is some economic news statements coming shortly.
  • #1,730
  • Dec 11, 2008 3:13pm Dec 11, 2008 3:13pm
Quoting mt41969
Yes but you are not entering the Asian session, so i would expect it to rise sharply as there is some economic news statements coming shortly.
.... I wasn't considering the news.......


There is only 2 lots of AUD news in the next 9 hours, so that's no big issue.

It is almost at the top, perhaps I should put the 10 Rule back in place, that would have stopped me trading.

I will sit tight for now....

Eddie
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  • #1,731
  • Dec 11, 2008 3:27pm Dec 11, 2008 3:27pm
Just flipped back to weak and it certainly looks like its at the top.... was -£26.00 now -£14.24.......

Eddie
  • #1,732
  • Dec 11, 2008 3:34pm Dec 11, 2008 3:34pm
Going the right way, but I did get in too early....

Eddie
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  • #1,733
  • Dec 11, 2008 3:44pm Dec 11, 2008 3:44pm
back to -£16.00.

Eddie
  • #1,734
  • Dec 11, 2008 4:00pm Dec 11, 2008 4:00pm
Quoting eddiemiller
back to -£16.00.

Eddie
your chart shows jpy a heck of allot lower than mine does.........79.42 atm
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  • #1,735
  • Dec 11, 2008 4:16pm Dec 11, 2008 4:16pm
Quoting dracozny
your chart shows jpy a heck of allot lower than mine does.........79.42 atm

What time frame are you on?

Eddie
  • #1,736
  • Dec 11, 2008 4:17pm Dec 11, 2008 4:17pm
Now on -£35.50........

The top is now there, it just depends if it reverses or flattens out....

Eddie
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  • #1,737
  • Dec 11, 2008 6:48pm Dec 11, 2008 6:48pm
Ok so all went well although i think I got in a bit too early hence the -£40 DD which worried me a bit (using 0.02 lots).....

The profit got locked in, and closed off at +£11.

It is almost on the floor so I don't think their was much left in it.

Eddie
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  • #1,738
  • Dec 12, 2008 2:37am Dec 12, 2008 2:37am
Morning all - remember it's Friday!

Eddie
  • #1,739
  • Dec 12, 2008 2:52am Dec 12, 2008 2:52am
thank you KG you have inspired me to trade japans pairs on the system we are developing in another thread here and you are doing a great job here so i thought why don't we mix a little and you should do it guys coz the things you are missing here is the price action wich can be optined by COG system...
thank you again....
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  • #1,740
  • Dec 12, 2008 2:54am Dec 12, 2008 2:54am
HHHMMMM choppy market for my first trade.

Went for -£3.23, +£3.26, -£9.00, -£4.50.....

STRONG > 8 > all white lines going up (50%)

Eddie
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