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Attachments: Still Basketting
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Still Basketting

  • #1,121
  • Nov 7, 2012 2:00am Nov 7, 2012 2:00am
Quoting forexferrari
I got killed in my sell basket.
sorry

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,122
  • Nov 7, 2012 2:03am Nov 7, 2012 2:03am
hey kos
can you help me?
what kind of news I should to get away from opening the basket??
  • #1,123
  • Nov 7, 2012 2:03am Nov 7, 2012 2:03am
Quoting DeVal
I closed yesterday basket at 240+ pips after london close.
Today I bought basket at frankfurt open, HAS had just turned bullish, currently 140+ pips
didnt take the short signal in the middle of the night (and even if I was awake for me it was not a wise decision to enter in the middle of the us election results)
careful today there will be an important vote at the greek parlament we could experience high volatility
correct decision, the first time Obama got elected the charts flew to the sky and it caught me unaware, this time I am wiser.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,124
  • Nov 7, 2012 2:04am Nov 7, 2012 2:04am
my chart shows sell, but my Long 14 pairs from yesterday became positive $54

should i enter short now?
  • #1,125
  • Nov 7, 2012 2:09am Nov 7, 2012 2:09am
Quoting brainanda
hey kos
can you help me?
what kind of news I should to get away from opening the basket??
basket easily parry the small news but stay away from those very high impact news that may change trend completely, such news basket too will react wildly to them.

Before I went to bed yesterday I cleaned up the basket @ $400 and up till now am still looking at the chart till when the euphoria of re-election settles.

that does not mean you cannot trade now

kos
Attached Image (click to enlarge)
Click to Enlarge Name: 410.png Size: 35 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #1,126
  • Nov 7, 2012 2:11am Nov 7, 2012 2:11am
Quoting diceman555
hi forex,the basket will always be greatly influenced by major fundemental news.the election results took some fear away from change that may have been comming from new president.markets get very spooked by change

always be aware of big fundy news.smaller data release get smoothed across the basket.but large news items can change sentiment within minutes
exactly!!

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,127
  • Nov 7, 2012 2:12am Nov 7, 2012 2:12am
Quoting hewtwok
my chart shows sell, but my Long 14 pairs from yesterday became positive $54

should i enter short now?
Sir!

where is the sell????

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,128
  • Nov 7, 2012 2:15am Nov 7, 2012 2:15am
this is my 4hr offline chart, I dont know if the buy would break that line or not, i will be watching

kos
Attached Image (click to enlarge)
Click to Enlarge Name: 4hr.png Size: 21 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #1,129
  • Nov 7, 2012 2:30am Nov 7, 2012 2:30am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting forexferrari
Hey guys.

PS, the past sell basket I got smashed hard.
Anyone have any tips on how they avoided getting in or filtering them?
Thanks team.
Take it on the chin, rinse your self off and look for the next entry.

make notes on the entry and see why it failed, then look to see if this happens each time under the same conditions.
  • #1,130
  • Nov 7, 2012 2:33am Nov 7, 2012 2:33am
Quoting Kosomolate
basket easily parry the small news but stay away from those very high impact news that may change trend completely, such news basket too will react wildly to them.

Before I went to bed yesterday I cleaned up the basket @ $400 and up till now am still looking at the chart till when the euphoria of re-election settles.

that does not mean you cannot trade now

kos
he'em
so I need to stay away from very high impact news right?
in whatever condition, when position still - or +, just closed immediately?
  • #1,131
  • Nov 7, 2012 2:40am Nov 7, 2012 2:40am
Quoting Kosomolate
Sir!

where is the sell????

kos
here is my 15m chart attached. it show a Sell isn't it?
Correct me if i'm wrong. Thanks Kos!
Attached Image (click to enlarge)
Click to Enlarge Name: kos14 15M.JPG Size: 185 KB
  • #1,132
  • Nov 7, 2012 2:43am Nov 7, 2012 2:43am
I survive from the buy of yesterday morning.
Close with $280 gain with 0,05 lots.

Still giving thanks to Kos for bringing out the basket system.
  • #1,133
  • Nov 7, 2012 2:46am Nov 7, 2012 2:46am
Quoting hewtwok
here is my 15m chart attached. it show a Sell isn't it?
Correct me if i'm wrong. Thanks Kos!
Yr chart look expiry to me. That drop probably is early morning. Now it is not valid.
  • #1,134
  • Nov 7, 2012 6:01am Nov 7, 2012 6:01am
Buy Basket going down - any 1 close or still holding
  • #1,135
  • Nov 7, 2012 6:03am Nov 7, 2012 6:03am
Quoting hewtwok
here is my 15m chart attached. it show a Sell isn't it?
Correct me if i'm wrong. Thanks Kos!
my indicator still give me bullish direction
  • #1,136
  • Nov 7, 2012 6:13am Nov 7, 2012 6:13am
VQZ on M5 & M15 just turn red but HAS still blue .....so how u all trade in this sense ? wait for HAS to turn red on M5 & M15?
  • #1,137
  • Nov 7, 2012 6:15am Nov 7, 2012 6:15am
Quoting AmberX5
VQZ on M5 & M15 just turn red but HAS still blue .....so how u all trade in this sense ? wait for HAS to turn red on M5 & M15?
Respect the entry rules. Imho, HAS still blue on H1 & M15, so it's trend up according to this system. But keep in mind it's all this hype with the elections, so it's not a clear direction either way.

And I'm still holding my longs from yesterday.
Please, just slap me around if I'm being silly ...
  • #1,138
  • Nov 7, 2012 6:22am Nov 7, 2012 6:22am
well its not one of my better mornings !

ive watched two buy baskets with 600 pips profit fall into -300

all be it im only holding one now,didnt lock any profits so only my self to blame.slap on wrist.

ill hold my remaining long with the view of U S showing a bit of optimission

ill take a 560 hit otherwise.

everthing at present looking very much to the downside !

all part and parcell.
  • #1,139
  • Nov 7, 2012 6:24am Nov 7, 2012 6:24am
KIndly please help why my 5M TF is not moving? I need to keep restart my MT4 to see the market movement. Thanks!
  • #1,140
  • Nov 7, 2012 6:27am Nov 7, 2012 6:27am
Quoting mario777
KIndly please help why my 5M TF is not moving? I need to keep restart my MT4 to see the market movement. Thanks!
i wish my 5 minute wasnt working id still be in profit

sorry cant help
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