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Simple Trading Method with trader101

  • #2,721
  • Edited Nov 28, 2009 12:16am Nov 27, 2009 1:22pm | Edited Nov 28, 2009 12:16am
Quoting surfeur
It's hard to trade basket pairs when *USD is big Long and *JPY no want go Long :/
Haha I found that too a few times, I get GU and EU helping me but JPY is big negative in my last couple of long baskets. I think this is only when all buys and sells line up near perfect on your IA. In that case you shouldn't be in a trade anyways you have to wait until your anchors are dislodged.

More testing needs to be done. I made 40% of my account in 1 week in demo... but I blindly looked at the orest filter and if majority were long I went long and likewise for short. I ended up big time positive most times with very low DD. May be my luck since I did it again last night and let it run with high lot size and got a margin call lol just to see what happens... but I intend to add filters and try to get close to an automated system as possible.

Jag
  • #2,722
  • Nov 30, 2009 3:01pm Nov 30, 2009 3:01pm
I couldn't get the Orest indicator to work. All I see are zeros even though I selected "true" to show the pairs in properties of the indicator. Wonder why it won't work for me.

=)
  • #2,723
  • Dec 1, 2009 2:43am Dec 1, 2009 2:43am
First I`d like to thank Julius for this amazing system. I`ve read all your posts but still confused on it. The first post contains the base strategy but more was discovered. Please update it. In the last post you presented a new excel worksheet, can you share it with us?

to jicssbr -we are NOT ALLOWED to ask what was already discussed. First you need to read the thread. Here is the Orest indicator thread guess it helps.
  • #2,724
  • Dec 1, 2009 7:32am Dec 1, 2009 7:32am
Thanks a lot for the info. I appreciate it and have already loaded the newest Orest EA and it works fine. I reading through that thread...

=)
  • #2,725
  • Dec 1, 2009 9:22am Dec 1, 2009 9:22am
Is there an EA or Script to open the basket of orders at certain specific time say for eg on sunday 5Pm
thanks
  • #2,726
  • Dec 1, 2009 10:35am Dec 1, 2009 10:35am
interesting tread but why not been continued .....
  • #2,727
  • Dec 1, 2009 10:59am Dec 1, 2009 10:59am
I am also looking for an ALERT when account turns positive not when Profit calc shows positive. Want alert when Profit/loss column on MT4 platform shows positive values.
thanks
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  • #2,728
  • Dec 1, 2009 11:04pm Dec 1, 2009 11:04pm
Quoting mohdsf101
interesting tread but why not been continued .....
start reading from the beginning, not from the end.
this thread is still open
  • #2,729
  • Dec 2, 2009 9:37am Dec 2, 2009 9:37am
Hello Julius,

Thanks for sharing the information in post #2707 on page 181. It has really helped me to focus even more.

=)
  • #2,730
  • Dec 3, 2009 5:22am Dec 3, 2009 5:22am
Why old post #2707 was removed from thread ?
  • #2,731
  • Dec 4, 2009 3:18pm Dec 4, 2009 3:18pm
Hi everyone,

I have big request to all.Because there are many threads which observ this fantastic method, but i can't find where to training and discusing current positions.Is there thread like this or not?As per Julius recomendations I could not want to debate current positions in his own thread.

Thank you for Julius and all developers!
  • #2,732
  • Dec 4, 2009 3:37pm Dec 4, 2009 3:37pm
People, if you want to form a skype group for this, that would be our best bet...we don't want to clog this thread up with it...message me on here if you're interested or just add me on skype: username is emilehalpin
  • #2,733
  • Dec 4, 2009 3:43pm Dec 4, 2009 3:43pm
Yes, that's a great idea !
I've just created a free chat room for every trader that want to trade using basket method : http://www.chatzy.com/612676587968
  • #2,734
  • Dec 4, 2009 4:39pm Dec 4, 2009 4:39pm
You can open thread in Trading Journal for T101 method ?!?
  • #2,735
  • Dec 5, 2009 7:19am Dec 5, 2009 7:19am
Quoting skyline
Yes, that's a great idea !
I've just created a free chat room for every trader that want to trade using basket method : http://www.chatzy.com/612676587968
Hi skyline, i joined yet
  • #2,736
  • Dec 5, 2009 3:50pm Dec 5, 2009 3:50pm
Quoting trader101
Attached is the Oanda Demo optimization included, perfected the 14 trades (allpositive) I think your not ready for the Optimization technique yet. In time, i will discussed it
I have read through the thread up until this point, post #896. I thought that I understood the method, but according to this example, I guess that I don't understand the system. I thought that there were supposed to be 12 short and two long. The two long would be the contrary USD/CHF and USD/CAD.
However, in this example we see eleven short and three long: USD/CHF, USD/CAD. and EUR/GBP. I missed the rule which says to take EUR/GBP in line with the two contrary USD/CHF and USD/CAD.
  • #2,737
  • Dec 5, 2009 4:11pm Dec 5, 2009 4:11pm
Quoting Perky
its just a mouse click recorder it will run anything
it only records the mouse clicks
so youd need one for all buys
one for all sells
and a close all one
you wouldnt be able to do anything fancy like check balances and close at X amount of profit

I got it from
http://jitbit-macro-recorder.en.softonic.com/
you just flick a swith to record the mouse moves and left click righ click and keystrokes.. when you click to stop recording it will save as a "batch" file and repeat the mouse clicks/keystrokes



But the only way i can see it...
The latest version of the Oanda platform has a close all function.
  • #2,738
  • Dec 6, 2009 3:11am Dec 6, 2009 3:11am
Quoting rogerabc
I have read through the thread up until this point, post #896. I thought that I understood the method, but according to this example, I guess that I don't understand the system. I thought that there were supposed to be 12 short and two long. The two long would be the contrary USD/CHF and USD/CAD.
However, in this example we see eleven short and three long: USD/CHF, USD/CAD. and EUR/GBP. I missed the rule which says to take EUR/GBP in line with the two contrary USD/CHF and USD/CAD.
I have the same question regarding contrary open USDCHF and USDCAD, anyway i trading all 14 pairs short or long as per basic post Julius.So, if we find the reason to contrary USDCHF and USDCAD i will be glad.
  • #2,739
  • Dec 6, 2009 11:47am Dec 6, 2009 11:47am
hi,i will try to give my take regarding the pairs you refer to,firstly these are the original basket pairs which where replaced with a universial group of pairs which most traders had access to on the various platforms,but like yourself i trade the original group.
the reversing of us cad and chf is not a hard set rule ,you need to be aware of there current relationship with the group,the correlation is what you need to be aware of,ther is a site which tells you how to set these up onto a excell spread sheet and this will give you an hourly update on there present standing ,then you can decide to reverse them or not,
take the eur/gb for example ,as the gb/us and the eur/usd will normally move in the same direction and one is a buy and one is a sell when we buy the basket the eur/gb will be in our favour if eur is very strong over gb .i personally study eur gb to decide wether it favours the basket or not each time i trade the basket,this is how i am doing this and am not impyling this to be the corect or incorect way but works very well.
regards william
  • #2,740
  • Dec 6, 2009 8:11pm Dec 6, 2009 8:11pm
Quoting diceman555
hi,i will try to give my take regarding the pairs you refer to,firstly these are the original basket pairs which where replaced with a universial group of pairs which most traders had access to on the various platforms,but like yourself i trade the original group.
the reversing of us cad and chf is not a hard set rule ,you need to be aware of there current relationship with the group,the correlation is what you need to be aware of,ther is a site which tells you how to set these up onto a excell spread sheet and this will give you an hourly update...
With reference to USDCHF, I think it is clear that it will almost always be contrary to EURUSD, so it only makes sense to trade USDCHF contrary to EURUSD when you are trading a basket which contains EURUSD. And this was mentioned before post #896. But I did not see any discussion of how to trade EURGBP and when to trade it contrary to the basket. All I saw up to this point was that there was another pair which is mostly contrary and that is USDCAD. I don;t see the discussion on what criteria are to be used to trade EURGBP, and I was assuming that it would be traded with the basket. However, in the example given it was traded contrary to the basket and showed a profit in that case. But I did not see the reason for doing this or whether it is recommended to do it always or only under certain conditions.
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