Simple Trading Method with trader101

and the intrest swap amounts between buys and sells

I never hold the position long enough for the swaps to gain enough interest to be ... er... interesting.

I tend to close the positions when I see the spreads closing to maximise on the profit for that trade.

There are always other trades and i'm just not confident enough in my methods to leave a position open, knowing how quickly it can turn around.

hi everybody... im studying this method about 6 month... quite long because i need to read the whole thread 2-3 times to make sure i really understand about this method....

thanks to T101 for this brilliant method...

also for those who has share their thought and make this method become easier to understand...

after complete my study about this method, i think that im ready to used this method in demo acc about 2-4 weeks before used it at my live acc...

the problem is... why i cant attached EA T101_v1.12_orest at my chart.... FYI im using the insta trader platform and it using metatrade 4

then i tried manual way with headging 7 buy position n 7 sell position... after having a signal last night, i want to buy all 14 pair... so i used EA TradeHedgeBUYALL.... but i facing another problem... this EA open more than 14 post.... its open 50++ post in one time before i remove the EA from my chart.... i tested with TradeHedgeSELLALL, TradeHedgeBUY13, TradeHedgeSell13 and also having the same problem....

did i miss something? or did i make a mistake using the EA? or the EA dosent work anymore?

another question... EA 2ProtectAccount[4a] , CloseAll, ProfitCalc_R3 still work?

thanks.. may someone help me out...

Is there any indiciator that you use to monitor the spread changes?

the IA will do just fine. Or you can use the Profit Calc indi (this indi will show you the spread without swap interest which is excellent)

i think that next week will have a long week - my both IAs show some changes. i hope that the new IA to confirm the moves. any opinions?

Hello Fellow BTS traders,

I came across a thread by some newbie who was so lazy and bored reading this system but think this system has value. He even admits he never pass through page 3. Then started shooting repetative and redundant questions. And now even go to the extend of criticizing and portraying Trader 101 as a bad person. I think his ultimate goal is to get help from other members to make a free indicator for him regarding the BTS system. Also portraying himself as being mistreated and ignored. Wow

Now he started a thread and with his badge of 14 post started criticizing our mentor Trader 101. I dont know how he earned his right to criticize one of the brilliant trader we have known also shares it for free.

I e-mailed T101 about this but told me he will not respond to this attack but I will and hope that you too will come to T101 rescue.

Here is this newbie thread : http://www.forexfactory.com/showthread.php?t=191996

Probably if we flood his thread of his unearned criticism might stop him from bad-mouthing T101.

Thanks

Joven

My guess is if t101 himself doesn't want to get involved, there is no reason for us to do otherwise. Besides I have a feeling that doing it may actually annoy t101 - however noble our intention may be. The reason is t101 wants this thread to focus on development of this basket strategy and nothing else of personal nature. I wouldn't waste my time on that.

Lets focus on positive things and leave the negative to those interested in them.

I personaly understand frustrations of not getting answers to questions on one side but many people dont appreciate what some traders who share info on FORUMS

YOUR STARTED OUT HONESTLY ASKING FOR HELP BUT REDUCED THIS to AIRING
YOUR OWN FRUSTRATIONS , WHICH IS SAD, BECAUSE YOUR ORIGINAL IDEA OF A MULTI CURRENCY CANDLE INDICATOR WAS GOOD

IN FACT the thread i believe you were discusing is a great thread an the originator is one of the Forex great givers whom i admire , so it is sad for me to think your own personal frustrations are aired this way

i critizes your actions not yourself

i think these indicators may help you in your quest to find what you are looking for in the future , i wish it was your original request, but maybe someone can use these to help you accomplish your goal

Please respect other givers on this forum as you and all FORUM CONTRIBUTORS DESERVE THE SAME RESPECT

God bless you

FROM Brian

Joven,

I really feel sorry for Julius sir for what comes his way for giving his method selflessly. I do not know wether your idea is good as I do not wish to go against Julius sirs wishes. Atleast, do not wish to go against his wishes.

May be Jey is right we should concentrate on learning. I have been following this post a couple of weeks after it started and kept on learning silently. This is my first post. I am still learning and will start on demo first soon before I go live.

Thank you very much Julius sir for your system. I am happy that I found your thread.

I also want to thank Maxu08. That's what Julius sir intention was, to keep it simple. I like your method. Thanks again.

Regards
Powerchaser

for nothing, mate. I watch the thread from February but just now i had something to talk about. Until now a screw up numerous demo's and read the hole thread again and again ) it is that simple

good mornig all

this is picture from this morning. i will wai for this tandem and go both short if e/u and e/j switches places, yesterday i traded g/u and g/j on europe and london open, they both have been good

e/u and e/j didn't crossed, but gu and g/j did. so i traded them long - lost, they switched back - short(loss), again long - loss, switched back to short - out at first level, long - out @ 2 level. how do you guys trade this jumping up and down? spread could kill!!
protect account stopped me but it continued to go up


if (AccProfit >=500 ProfitLock = 451;
if (AccProfit >=450 ProfitLock = 401;
if (AccProfit >=400 ProfitLock = 351;
if (AccProfit >=350 ProfitLock = 301;
if (AccProfit >=300 ProfitLock = 251;
if (AccProfit >=250 ProfitLock = 201;
if (AccProfit >=200 ProfitLock = 151;
if (AccProfit >=150 ProfitLock = 101;
if (AccProfit >=100 ProfitLock = 71;
if (AccProfit >=70 ProfitLock = 51;
if (AccProfit >=50 ProfitLock = 41;
if (AccProfit >=40 ProfitLock = 31;
if (AccProfit >=30 ProfitLock = 21;
if (AccProfit >=20 ProfitLock = 11; level 2
if (AccProfit >=10 ProfitLock = 5; level 1

i waited for this day to open the basket - right now i have long on my weekly IA but this week seems to me too tricky.

why did you open only today?

because i saw that i need at least one London session to see the correctly trend. often, the trend give by Tokyo session monday morning is changed by london session.

do you trade tandems?

after i tasted the basket trading (all pairs buy/short) i never trade tandems
i like to live dangerous

the bigest problem i have stood for is trend changing. let's say there was strong sell and changed for strong buy (by profit calc), then there is bouncing around, how do you deal with it? (if trend changed do you trust it and go for buy no matter what (till stop loss))????

the only true indi is IA, not profit calc. the IA will show you if you have a trend changing or just a retracement.

we know that today is STRONG buy i go sell if , please,look at the screen?