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Still Basketting

  • #221
  • Oct 26, 2012 7:37am Oct 26, 2012 7:37am
Closed all positions before the weekend and will look for a re-entry on the M5 when the market reopens. Net ~ +320 pips from last night. Very interesting alternative way of trading and a big "THANK YOU" to kos for sharing.
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  • #222
  • Oct 26, 2012 7:57am Oct 26, 2012 7:57am
Quoting txfxtrader
Closed all positions before the weekend and will look for a re-entry on the M5 when the market reopens. Net ~ +320 pips from last night. Very interesting alternative way of trading and a big "THANK YOU" to kos for sharing.
have a peaceful weekend

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #223
  • Oct 26, 2012 8:35am Oct 26, 2012 8:35am
i tried 2 pairs setup, which i believe is GBPUSD and EURUSD based on the code written on basketv6.

somehow the 15minute and 60minute offline chart does not shows same price.
  • #224
  • Oct 26, 2012 8:54am Oct 26, 2012 8:54am
Quoting Kosomolate
I think you are not straightforward or your settings are not right or your broker is fiddling with your data.

look at the period you posted, all your arrows are fake and of evil intention compared with mine. the buy trade prior to that sell was a 1,100 piper, the next was a BE because it went above +150 before returning. And come to think of it after a +1,100 piper, do you give a hoot if you loose something out of it?

For your info, I made a kill during this two months, I think my broker would not like me again and would just leave me alone.

If...
  • #225
  • Oct 26, 2012 9:12am Oct 26, 2012 9:12am
Quoting 4xPIPAHOLIC
Hi 4xPIPAHOLIC!

I appreciate the vouch, thanks very much.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #226
  • Oct 26, 2012 9:25am Oct 26, 2012 9:25am
Quoting Kosomolate
Hi 4xPIPAHOLIC!

I appreciate the vouch, thanks very much.

kos
It is my pleasure sir....you deserve a lot more....

Thanks again for re-invigorating such a powerful method....

God Bless you!
  • #227
  • Oct 26, 2012 9:48am Oct 26, 2012 9:48am
Kos,

Thank you for coming back. I learned BTS 2 years ago. Its very profitable and dangerous too. I cannot master T101's method. Then I read and learned so many from your posts in another thread. But I think I'm an awful learner. You have evolved the system and it is very easy to understand and execute now.

I don't know how to express my grateful thanks for your contributions. God bless you.

Btw, today I hopped on the sell train, made 300+ pips.

Regards
Find your edge, make your system, stick to it.
  • #228
  • Oct 26, 2012 9:58am Oct 26, 2012 9:58am
nice resistance on 61.8 fib,+370 pips,have a good week end traders time to have a drink n have fun !!
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  • #229
  • Oct 26, 2012 10:02am Oct 26, 2012 10:02am
what a "pipsful and basketful" way to go into the weekend?

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #230
  • Oct 26, 2012 10:09am Oct 26, 2012 10:09am
Quoting long_bow
Kos,

Thank you for coming back. I learned BTS 2 years ago. Its very profitable and dangerous too. I cannot master T101's method. Then I read and learned so many from your posts in another thread. But I think I'm an awful learner. You have evolved the system and it is very easy to understand and execute now.

I don't know how to express my grateful thanks for your contributions. God bless you.

Btw, today I hopped on the sell train, made 300+ pips.

Regards
its gladdening to hear that 300+ pips one basket, one day

God bless you too!

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #231
  • Oct 26, 2012 10:16am Oct 26, 2012 10:16am
Quoting rochild
nice resistance on 61.8 fib,+370 pips,have a good week end traders time to have a drink n have fun !!
Yes, am considering to just close up and go away from the offline charts now and go get some real life, but am sensing it may drop more.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #232
  • Oct 26, 2012 10:20am Oct 26, 2012 10:20am
Quoting Kosomolate
Yes, am considering to just close up and go away from the offline charts now and go get some real life, but am sensing it may drop more.

kos
my basket will stay open this week end,let's see next monday
  • #233
  • Oct 26, 2012 12:33pm Oct 26, 2012 12:33pm
Quoting rochild
nice resistance on 61.8 fib,+370 pips,have a good week end traders time to have a drink n have fun !!

Never tought of putting a fib on this because of the 14 pairs

Keep us posted on how it works
  • #234
  • Oct 26, 2012 12:34pm Oct 26, 2012 12:34pm
Kos great success with this thread 232 post and about a week old

Thanks for bringing back the interest
  • #235
  • Oct 26, 2012 1:18pm Oct 26, 2012 1:18pm
Quoting dryclean
Kos great success with this thread 232 post and about a week old

Thanks for bringing back the interest
thanks Dryclean,

traders are very wise people, and wise people cannot resist this kind of result, there is nothing hidden here, the entries are clean, the exits are clear, the indicators are few,no too much filters, no flipping up and down before decisions are taken, and the pips are seen on the posts realtime. It is basket brought to its simplest form.

All a trader has to do here is bring your discipline, your MM, your PA knowledge to bear on the offline chart and harvest pips.

Have a nice weekend all.

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #236
  • Oct 26, 2012 2:18pm Oct 26, 2012 2:18pm
Quoting dryclean
Never tought of putting a fib on this because of the 14 pairs

Keep us posted on how it works
I just put fib just for see no decision taken with it.Follow the rules of the thread
  • #237
  • Oct 26, 2012 3:13pm Oct 26, 2012 3:13pm
Quoting Kosomolate
thanks Dryclean,

traders are very wise people, and wise people cannot resist this kind of result, there is nothing hidden here, the entries are clean, the exits are clear, the indicators are few,no too much filters, no flipping up and down before decisions are taken, and the pips are seen on the posts realtime. It is basket brought to its simplest form.

All a trader has to do here is bring your discipline, your MM, your PA knowledge to bear on the offline chart and harvest pips.

Have a nice weekend all.

kos
I love to see the smoothed movement of HAS, for sure due to the basket pairs, rather than a single pair. Hopefully this will continue next weeks, even with small losses.

Thank you Kos.

Good weekend to everyone
  • #238
  • Oct 27, 2012 2:09am Oct 27, 2012 2:09am
Hi KOS,

Thank you for for great system. Although I haven't played this system yet,but I can see the beauty of this system ---ride on the main trend of market imbalance and gain much when right and lose less when wrong. To my understanding I can conclude the features/ edges of this system (please correct me if I am wrong)

1) 7 pairs (named 1-7) and another 7 pairs (named A-G) are naturally hedged pair.
2) the offline chart --- the index is an equally weighted average of the 14 pairs
3) when market is in balance, almost equal no. of pairs are rise and fall
4) when market is in imbalance (what we want), they are mostly trend in the same direction and we long/short all pairs; the only chance we lose is a) sudden fundamental/ news change or b) those fall/rise pairs fall/rise much than those rise/fall pairs rise/fall. (eg. 1-5 and A-E rise 10 pips each---> you win 100 pips, however, 6&7 and F&G fall 30 pips each --->you lose 120 pips; you lose 20 pips in aggregate)
5) So the system helps us to not trade in a ranging/indecision market because the index will be ranging and no signal can be generated.
6) Although the SL pips is set to big but seems not always lose that much as it will only happen in a sudden high impact news(4a). For normal days, you will get out with mild loss(4b)

I will try it out on Monday and it is really an excellent concept.
  • #239
  • Oct 27, 2012 8:15am Oct 27, 2012 8:15am
Hi Kosomo,

I've just read the principle of the initial thread of T101 method you have mentioned.
They were specifying 2 sets of 7 pair currencies each, called
the Universal Pairings. The First one is Sell pairs
(AUDUSD NZDJPY GBPCHF EURUSD EURCHF CHFJPY USDJPY) and the second is Buy pairs ( USDCHF EURGBP NZDUSD GBPUSD
EURJPY AUDJPY GBPJPY).

Could you tell us how you have thought to put all theses pairs (from 2 sets) together ? (Is the original 2 sets concept was not profitable ?)
  • #240
  • Oct 27, 2012 9:30am Oct 27, 2012 9:30am
I want to ask if there's a way of using the offline chart to set stop loss (and take profit).
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