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Still Basketting

  • #1,321
  • Nov 9, 2012 2:43am Nov 9, 2012 2:43am
I want to show my humbly view personal of this system. I think any times the HAS are so slow. A 21 EMA is so fast and can minimize loss and drawdown at volatility days. You can cut loss early. Also you can capture the new trend early too.
See the picture attached. Can you see the entry and the exit points?. Anybody can tell me what is the maximal loss in this 1h chart?.
Apologize my bad english please.
Attached Image (click to enlarge)
Click to Enlarge Name: ko2.jpg Size: 132 KB
That which you give to others, life will return it in spades
  • #1,322
  • Nov 9, 2012 2:46am Nov 9, 2012 2:46am
morning basketeers,

anybody strill holding short baskets ,mine are showing aprox 550 pips +

im still tinkering on holding baskets slightly longer and allowing the smaller swings or jump in and out,especially with these tools

i guess more time required to figure.

my previous basket this week was stopped at 560 loss.

previous baskets to that one, show overall pip profit of 1640 pips,early days yet,i certainly seem more comfortable holding out longer ,thats how ive traded baskets last couple of years,but as i said these new tools give muptiple options
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 132 KB
  • #1,323
  • Nov 9, 2012 2:46am Nov 9, 2012 2:46am
Quoting vadlapatis
-400 pips
tough luck man!! i have macd on my 15min offline chart, it was crossing down when i saw the buy signal, so i stayed out. my plan was to buy on the cross back up..now am not so sure about opening a "buy" basket yet..
It is possible to make large sums trading, small losses, large wins
  • #1,324
  • Nov 9, 2012 2:49am Nov 9, 2012 2:49am
-450 pips
  • #1,325
  • Nov 9, 2012 2:50am Nov 9, 2012 2:50am
closed the buy basket @ -56$ ,
  • #1,326
  • Nov 9, 2012 2:53am Nov 9, 2012 2:53am
Quoting diceman555
morning basketeers,

anybody strill holding short baskets ,mine are showing aprox 550 pips +

im still tinkering on holding baskets slightly longer and allowing the smaller swings or jump in and out,especially with these tools

i guess more time required to figure.

my previous basket this week was stopped at 560 loss.

previous baskets to that one, show overall pip profit of 1640 pips,early days yet,i certainly seem more comfortable holding out longer ,thats how ive traded baskets last couple of years,but as i said these new tools give muptiple...
hi will,
you seem to have a better grasp of the indices. can you tell me why the AUD and NZD are so resilient..well, the nzd dropped some, but the AUD isnt bulging...is it the gold factor?
It is possible to make large sums trading, small losses, large wins
  • #1,327
  • Nov 9, 2012 3:13am Nov 9, 2012 3:13am
UJ is on a h4 support..if it breaches, its taking all the yen pairs down with it..for those still short, might be a good idea to hang on....as for me, am taking a break....
It is possible to make large sums trading, small losses, large wins
  • #1,328
  • Nov 9, 2012 3:23am Nov 9, 2012 3:23am
Quoting vadlapatis
closed the buy basket @ -56$ ,
our entries are not the same its like your entry was higher than mine, though mine was auto. Just closed now -354 pips.

kos
Attached Image (click to enlarge)
Click to Enlarge Name: closed.png Size: 114 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #1,329
  • Nov 9, 2012 3:24am Nov 9, 2012 3:24am
KOS Bro,

i have GBPCHF, USDCHF Reverse in the trade

did u reverse the trade - in to Sell ? or waiting ?
  • #1,330
  • Nov 9, 2012 3:49am Nov 9, 2012 3:49am
I went long but waited for a retrace to near the HAS.
The HAS now had gone red so I am going to close the buy basket and look to open a sell basket if price gets near the HAS.

The red horizontal line is where I entered and the white horizontal line was where I would have moved to BE.
Attached Image (click to enlarge)
Click to Enlarge Name: kos buy.jpg Size: 89 KB
  • #1,331
  • Nov 9, 2012 4:01am Nov 9, 2012 4:01am
Quoting omadivi
hi will,
you seem to have a better grasp of the indices. can you tell me why the AUD and NZD are so resilient..well, the nzd dropped some, but the AUD isnt bulging...is it the gold factor?
hi omadivi,

i can only tell you how i see things,the ausd and nz are somwhat laggers for me,there so much more effected by what happens in china,they are major exporters of iron and minerals ,china being there biggest buyer,so i watch the data comming out of china,problem with that is how reliable is that data,but for sure there output has a major effect on the aud and nzd,

when the aud does react to chinas output it can fall hundreds and hundreds of pips very quickly.it would show on the old ia as a bascet leader.thats somthing to look out for.it will be a good indication of a large basket move south !

now chinas biggest market place is europe and the states,hence china has supported the euro strongly through these recent hard times,they hold vast amounts of euro in bonds and dept,this dept is secured on gold reserves.its in there interest to keep euro stable .its a huge market for there products.

its a circle,cycle ,thats why basket trading makes so much sense.thats why personally ive traded basket over last couple of years longer term,using the fundementals more.

with kosses and other traders new tools ,which try to capture very short term moves,swings as such there much more relient on roro in the short term.sentiment can change very quickly and swings of 500 600 pips are a daily event,im yet undecided as to determine for myself if i can capture these short term swings .
  • #1,332
  • Nov 9, 2012 4:17am Nov 9, 2012 4:17am
Quoting Kosomolate
our entries are not the same its like your entry was higher than mine, though mine was auto. Just closed now -354 pips.

kos
Could you share your kosline up ea with us, can't watch my charts all the time.



regards
  • #1,333
  • Nov 9, 2012 4:48am Nov 9, 2012 4:48am
Quoting Pinhead
I'm on board, too. Yen and $ both showing weakness across all pairs.
Hi Pinhead,

Is it possible to share your template and the different scripts you use to either buy or sell JPY/USD pairs?
I like your approach on this.

Regards,
  • #1,334
  • Nov 9, 2012 4:52am Nov 9, 2012 4:52am
in to sell baseket (GBPCHF, USDCHF- position reversed to buy) +12$
  • #1,335
  • Nov 9, 2012 4:56am Nov 9, 2012 4:56am
Quoting normtold
I went long but waited for a retrace to near the HAS.
The HAS now had gone red so I am going to close the buy basket and look to open a sell basket if price gets near the HAS.

The red horizontal line is where I entered and the white horizontal line was where I would have moved to BE.
+251 and moved to BE.

For those that trade the C5, I have a S/L of 200, how many pips before B/E? 55?
  • #1,336
  • Nov 9, 2012 4:56am Nov 9, 2012 4:56am
just hit 1100 pips on my short baskets
  • #1,337
  • Nov 9, 2012 5:05am Nov 9, 2012 5:05am
First entry +420. Second entry +270. total +690 today.
That which you give to others, life will return it in spades
  • #1,338
  • Nov 9, 2012 5:08am Nov 9, 2012 5:08am
Quoting diceman555
just hit 1100 pips on my short baskets
very nice...

and thanks for the AUD-NZD explanation.
It is possible to make large sums trading, small losses, large wins
  • #1,339
  • Nov 9, 2012 5:11am Nov 9, 2012 5:11am
in to sell basket (GBPCHF, USDCHF- position reversed to buy) +22$
  • #1,340
  • Nov 9, 2012 5:29am Nov 9, 2012 5:29am
@kos
sir can u please post that ea seen in your post..
it will bw very helpful for all of us.
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