Brijons advanced traders multi-currency strategies

with the japanese intervention for there export buisness , it appears you have strong goverment intervention in the jpy

also with the current situation with the us goverment near default
major changes in the world economy may be only a short time awy

the current uncertaintity of events to take place in my opinion
is to keep you exposure to the curent forex market at low key

dont invest more than you are prepared to loose

for me right now cash is king till we can see clear direction

as goverment intervention as per the japanese plus other parties should see wild volatity unpredicted

you will need deep pockets to trade this market over the next few weeks

so some will make a fortune some will loose

im not a gambler in my opinion ill stay remove from the trading live ' during this iuncertainty

demo is for practice fine tunning and honing your skills espacially now

if you watch both of the last videos i explain how to enter the market how to hedge protecting your investment

looking at the core basket using the fib points for entry of groups

if you watch carefully these videos and practice practice

the answer lies in the foundation

without that you are running around like a rooster with his head chopped off

maybe this maybe that one needs focus paitence not greed

the foundations are in both videos there lies your answer

remember 95% of traders loose money trading the FOREX

I DONT INTEND TO BE IN THAT GROUP TRADING NOW

IVE HEDGE MY POSITIONS AND WILL WAIT AND RIDE OUT THE STORM

maybe some will say im crazy but ive lived of trading for over 30 years

now im retired maybe im wrong maybe im right but its your hard earned money

many strategies needed for different markets different economic times

one needs paitence not greed as this is the single biggest mistake

one makes in trading the forex and shares

without those 2 qualitys ive seen many great traders loose everthing

they won in trading plus more

theres a time to plant theres a time to sow thers a time to wait

ITS ONLY MY OPINION

GOD BLESS FROM BRIAN

Thank you Brijon. I understand, You are right. Both JPY and USD are at a crossroads with economic issues at this time.

I am only trading demo for now to watch the price movement and learn. This is actually a good time to understand risk if you learn from it.

On the SIXPAIR my JPY basket (short) is in profit (overall SIXPAIR is still in loss) so when the THREE 4 (JPY basket) when ZERO+3 on the dashboard I entered a THREE 4 sell basket also and made some quick pips.

Your videos are great. Thank you for your effort. It is appreciated very much by us all.

thanks for the video brijon, this is now my favorite thread
it's getting a little bit clearer but still complicated on the timeframes and daily high low from the new video,
Im hoping you could go into that a little bity more,

I put on a trade last night went long on THREE 1 and I shorted the THREE 4 with 1 lots atm It's trading around 1000+
Im thinking about closing it cus I have profit on 5 pairs, GBPJPY seem very very weak now, Im happy to see this is really working.

I am not sure who programed the core basket offline charts. They are great. I have an idea on the Three 1 and Three 4 groups. Would it be possible to create a basket for the Three 1 group and then one for the Three 4 group? Also I can not seem to get the 4hr and 8hr offline baskets to function. I am sure there is a simple fix for this. If anyone can post the procedure for this that would be great.

Thanks in advance

God Bless
World Freedom

its exact three1 brians combo hedge dont have for hedge 4 maybe paul can do one heres screen snap shot and hedge three 1 off line chart

Brian,

Thanks for the info. The hedges are working great. I still can not figure out how to get H4 time frame to work for the basket or for the Three 1. I am only able to get H1 and H30 to work. The H4 and H8 do not move with the price movement they appear to just be stuck on one price. Can anyone help to explain how to activate the H4 and H8. Thanks in advance.

God Bless,

World Freedom

Possible your multi ply is wrong for 4 hours you need 16

so here is what i do , you use the 15 minute chart

to load your indicater combo brian brian and corebasket on EURJPY or EURCHF EUR CHF MAY BE MORE STABLE DUE TO JPY INTERVENTION
ON THE 15 MIN FRAME
THE 2 , 4 , 6 , 8 ,16 FIRST THE CORE BASKET THEN THE SAME ON THE COMBO

save this as a template as well for accidently puting a new template over this

this creats the offline charts

ps it always pays to go to charts hit refresh this manualy check and gives you latest data to your core and hedge of line charts ( can be data lag sometimes)

the eurjpy or eurchf 15 min must be open at same timefor update data

OR you will need to hit refresh all the time to update your off line charts

the offline charts need either the 15 nminute indicater chart open

or you will need to refresh data to get latest for the offline charts

i hope this helps you

GOD BLESS from Brian

Brian,

Thank you. I'll try to work on from here. Get some light inside the tunnel with this 2 post explanations.

God Bless you,

Edd

hope this helps in understanding the three 1 and three4 hedge using offline hedge chart
http://www.youtube.com/watch?v=gNH49KdaFJo

Brian, thank you so much! This will be an excellent video to study closely to understand the right direction to take the hedge. God bless.

here is an interesting indicator which I find useful for the hedge,

it's ideal to add the THREEs in it,

here is what you would do,

drop the indicator to the chart first and write in the THREE1 pairs,

then you drop another one on top of the first indicator (not chart)

and now you can add the hedge pairs from THREE4 or whatever,

then change color to this last one so you don't mix them up.

you now should have 2 lines in one indicator window

one line for the THREE1 and another for the THREE4

this is just a more visual tool than eye balling the hedge in MT4,

I don't advise trading the cross,

because it change position on the chart if you zoom in and out,

so how reliable can it be?

anyway the direction is reliable so only use it for that.

hope someone find it useful.

Will im sure be a help for many multi curency traders

thank you

http://www.youtube.com/watch?v=eI-xr2gZGys

http://maxkeiser.com/tag/keiser-report/

interesting report,
looks like the dollar will have some serious problems in the near future,
I guess that gives a clue about the bias for the dollar group long term.

Brijon, thank you for your controlling drawdown video. Excellent viewing as usual.

I had a quick question... when you remove the highest profit + lowest loss you maintain the balance of buys / sells BUT you have removed different pairs...

Would / Could you add the same pairs you removed for profit back into your basket straight away?

Should you try and remove the same pairs when you remove highest profit + lowest loss (if you have entered positions at different times).

Thanks. God bless.

on last video i showed the demo hedge so today i show the live trade
i think this shows how making profit in tough economic times is easy
and keeping sales to dd at very low levels

http://www.youtube.com/watch?v=qm8MkTUAphM

http://www.youtube.com/watch?v=BzXvIu0EyQc

http://www.youtube.com/watch?v=b9PBI3ygdnI

as you can see i use no conventional stop losses , we all trade different
theres is no right or wrong way to trade

BUT FOR MANY TRADERS OLD HABITS DIE HARD

I USE BUISNESS MANAGEMENT SKILL FOR TRADING THE FOREX

NOT STOP LOSSES

now ive shown you proof videos ect not just words but real live demos

how to trade how to use indicaters how to use hedging how to control dd
how to use other peoples money

one can adapt these ideas to any trading system he likes

the reasion i gave you GAME MODE WAS SO YOU CAN LEARN HOW TO CONTROL DD ANY BODY CAN PRINT MONEY

the real test of a succesful trader is how he controls dd

remember 95 % of traders loose money trading the forex , i bet 95 %
use stop losses

only 5 % make money trading the forex

never invest more money in trading that your prepared to loose

read every thing you can devlope your own style of trading

but in the final result if you make money consistantly with your own system, then stick to it

only you are responsible for your success as well as your failures

blaming others is a cop out

what works for me may not work for you

give and you will recieve 1000 x more than you gave

we all learn from others , especially me

God bless From Brian