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Still Basketting

  • #2,641
  • Jan 10, 2013 10:29am Jan 10, 2013 10:29am
Quoting Bob_Loblaw
Hey Kos, when you see a bounce like that off of the H4 HAS, would you enter immediately on the first up bar off of the HAS, or would you go down to H1 and watch price action to get an entry?
I take my entry from 1HR and if I missed it, I then step down to 15min to join in

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,642
  • Jan 10, 2013 10:31am Jan 10, 2013 10:31am
Quoting caseyjw
My system is long currently up 967 pips
+1100 now
  • #2,643
  • Jan 10, 2013 10:34am Jan 10, 2013 10:34am
Quoting caseyjw
My system is long currently up 967 pips
that means its dishing the same signal with what we are doing here

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,644
  • Jan 10, 2013 11:05am Jan 10, 2013 11:05am
Quoting Kosomolate
that means its dishing the same signal with what we are doing here

kos
yep, but I go no need for offline charts or super complicated moving averages
  • #2,645
  • Edited 11:30am Jan 10, 2013 11:15am | Edited 11:30am
Quoting caseyjw
yep, but I go no need for offline charts or super complicated moving averages
that's great, I hear there are many ways to kill the chicken,
whichever way we use let it be that the chicken is truly dead. that's all
and I don't mind the "complicated moving averages" and the offline charts
provided they will enable me pay the bills.

have a nice day


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,646
  • Jan 10, 2013 11:34am Jan 10, 2013 11:34am
Ok so here is the standing results for the Core5 + one added last night. I also sweetened the pot by adding an extra EU to the bunch on a good signal that it would be a good Long. Thanks to Kos and everyone for this fine trading system. Not sure why but looks like NU didn't take. I'll have to check my script.

TraderJoe
Attached Image (click to enlarge)
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Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #2,647
  • Edited 11:06pm Jan 10, 2013 11:39am | Edited 11:06pm
Friends, A rising tide lifts all boats. Most reasonably structured models are pip+ at the moment... Things like,1) To what extent will my model maximize pip gain from this/all/any good move? 2) How much will my model give back when market returns to chop. 3) How much are my pips worth/vs acct. bal.? Resolving these issues satisfactorily is to get excited about...Not pip build up when market is surging... Just doesn't mean that much... Pippo
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Vincit qui se vincit.
  • #2,648
  • Jan 10, 2013 11:42am Jan 10, 2013 11:42am
You'll get hammered most of the time. It would do you a bunch of good to trade this demo wize using 500 or more pips stop. Figure out a lotsize that will allow you to do this and eventhough your profits will be smaller per pip, you're talking 500 to 2000 pips per good trade so profits will still add up quickly.

Hope you understand what I mean.

TraderJoe

Quoting fxpider
Thanks mate for your reply @TraderJoe. Just wondering if anyone trading 5M chart. What should be SL for 5M?? I am thinking for scalping based on 0.1 lot.

SL : $50 (10 pips * 5 pair)
BE: $30
TP: $75
R:R = 1:1.5

Any opinion would be appreciated.

Thanks
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #2,649
  • Jan 10, 2013 11:48am Jan 10, 2013 11:48am
Quoting Pippopotamus
Friends, A rising tide raises all boats. Most reasonably structured models are pip+ at the moment... Things like,1) To what extent will my model maximize pip gain from this good move? 2) How much will my model give back when market returns to chop. 3) How much are my pips worth/vs acct. bal.? Resolving these issues satisfactorily is to get excited about...Not pip build up when market is surging...Pippo
All good questions but bottom line with trading experience comes trading wisdom and with trading wisdom the ability to maximize good systems and good entrys.

Good pips mate!
TraderJoe
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #2,650
  • Jan 10, 2013 12:34pm Jan 10, 2013 12:34pm
Quoting Kosomolate
that's great, I hear there are many ways to kill the chicken,
whichever way we use let it be that the chicken is truly dead. that's all
and I don't mind the "complicated moving averages" and the offline charts
provided they will enable me pay the bills.

have a nice day


kos
Kos, if you're cooking chicken, make mine curry.......... P ps Well done Casey!!
Vincit qui se vincit.
  • #2,651
  • Jan 10, 2013 12:39pm Jan 10, 2013 12:39pm
Quoting Pippopotamus
Friends, A rising tide raises all boats. Most reasonably structured models are pip+ at the moment... Things like,1) To what extent will my model maximize pip gain from this good move? 2) How much will my model give back when market returns to chop. 3) How much are my pips worth/vs acct. bal.? Resolving these issues satisfactorily is to get excited about...Not pip build up when market is surging...Pippo
good talk pippopotamus. and its like this is one of the reasonably structured model, reasonably structured?

1. we maximise pip gain to the extent that HAS shows us to follow or change the trend. and with the powerful ADD-ON or reentry trades
2. we BE as soon as the opportunity shows up and this has been helping in choppy times.
and if not HAS would get us out before SL and if the worst happens we take the SL and move on to the next trade
the thing is we are always there because we don't know when the 5000+ pips would happen.

if you take the loss and could not take the next trade that is when the loss is sustained. That means MM is what would help you more

3. I don't understand your third issue

look at the 4HR TF offline chart from 14 Nov. till today 7,500 pips run and 4 good points for ADD-ONs, sit down pippopotamus and count the gains
and you will see reason why one would not be afraid of the nightmare of all traders the so called 'choppy times' any trader that takes this 4HR TF
trade and has added 4 times to the trade direction as in the picture should be more than 22,000+ pips now.

That is what I call maximising a move. and SL of -560 four times successively is nothing. This kind of move happened in MAY/JUNE 2012.


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #2,652
  • Jan 10, 2013 12:46pm Jan 10, 2013 12:46pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting zent88
Iam +1000pip right now...

I wish it was my real account. It is my first try on BTS trade....

Thanks again to Kos and others who contribute to this BTS...

Soon, I will put on try on real account.

Ciao...

Don't rush to lose money, the markets will always be there, but your real money may not.

Take the time to see this beast in both the positive and the negative times - you need to understand how to manage both good and bad trades first, otherwise the bad trades will eat you up.

whats a couple of months against the big picture of a life of easy trading.
  • #2,653
  • Jan 10, 2013 12:47pm Jan 10, 2013 12:47pm
Quoting Pippopotamus
Kos, if you're cooking chicken, make mine curry.......... P ps Well done Casey!!
no case, you are welcome pippo, the table is large, there is chance for more
and enough to go round

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,654
  • Jan 10, 2013 12:48pm Jan 10, 2013 12:48pm
http://s019.radikal.ru/i616/1301/85/9bd83aabb427.gif

Today I made +3.7% on quick sell (starting move on London open). Missed that buy you all been talking about. Sad but true. I won't trade tomorrow, so will wait till monday.
Still, +16.2% on my real account this week. Nice results, my best of all time for one week result. All thanks to Core5 basket trading and Kosomolate, who introduced me to BTS via this topic. This is my third week of BTS (two first weeks were +7% and +8% on real account, in december).

From newbie to newbies - do not ask for quick help, if you can't even set needed indicators in MetaTrader4. You need to think for yourself on Forex. Try and learn for yourself. Use Google and some brains. It's hard, but rewarding. I registered here to reply only after I read the whole thread and two full weeks of BTS on real account (and demoing one week before real). Don't be a child.

Note: I got another set of indicators on my Core5 chart. I don't use HAS and VQzz. Please tell me if it's distracting to the topic, and if so, where can I discuss Core5 trading, if my method is not welcome here. Thanks.

Good luck to all BTS traders, respect and profits.
  • #2,655
  • Jan 10, 2013 12:54pm Jan 10, 2013 12:54pm
Quote
Posted by zent88
Iam +1000pip right now...
I wish it was my real account. It is my first try on BTS trade....
Thanks again to Kos and others who contribute to this BTS...
Soon, I will put on try on real account.
Quoting MPP
Don't rush to lose money, the markets will always be there, but your real money may not.
Take the time to see this beast in both the positive and the negative times - you need to understand how to manage both good and bad trades first, otherwise the bad trades will eat you up.

whats a couple of months against the big picture of a life of easy trading.
@Zent88
if I were you I will run with MPP's advice. it would save you from heartache later

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,656
  • Jan 10, 2013 1:01pm Jan 10, 2013 1:01pm
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
it's time poeple to watch this space, the weekly chart has now reach a point that may shape the trading for the coming year.


http://my.jetscreenshot.com/demo/20130110-pjd5-200kb


1st time - april 2010
2nd time - March 2011

over the next few weeks we may see a battle at this point, then the direction. it's possible that poeple no longer see the USD as the place to be, which has brought us this far in the long run and may continue to push this up, or the USA will find another way to fake the market and return to the fall for another year.

trade what your charts tell you, but expect the markets to play around, 1000pips to the white line, 3000 pips to T2. we could see a range formed here for a while with a few thousand pips in the high/low.

happy pipping

MPP
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly.jpg Size: 131 KB
  • #2,657
  • Jan 10, 2013 1:25pm Jan 10, 2013 1:25pm
Quoting Croissant
http://s019.radikal.ru/i616/1301/85/9bd83aabb427.gif

Today I made +3.7% on quick sell (starting move on London open). Missed that buy you all been talking about. Sad but true. I won't trade tomorrow, so will wait till monday.
Still, +16.2% on my real account this week. Nice results, my best of all time for one week result. All thanks to Core5 basket trading and Kosomolate, who introduced me to BTS via this topic. This is my third week of BTS (two first weeks were +7% and +8% on real account, in december).

From newbie to newbies - do...
I see you are having a nice time with BTS 16.2% on the first trading week,
but how come your indicator didn't pick the buy?

If it is an indicator that is still on testing stage and may generate issues like repainting or not,
open another thread on BTS for it and basket traders would come to test with you
but if it will enhance what we are doing here then fire on.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,658
  • Jan 10, 2013 1:31pm Jan 10, 2013 1:31pm
Quoting MPP
it's time poeple to watch this space, the weekly chart has now reach a point that may shape the trading for the coming year.


http://my.jetscreenshot.com/demo/20130110-pjd5-200kb


1st time - april 2010
2nd time - March 2011

over the next few weeks we may see a battle at this point, then the direction. it's possible that poeple no longer see the USD as the place to be, which has brought us this far in the long run and may continue to push this up, or the USA will find another way to fake the market and return to the fall for another...
quite informative post and another good word from MPP trade what the charts tell you.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,659
  • Jan 10, 2013 1:33pm Jan 10, 2013 1:33pm
@Omadivi

Omadivi where are you? still in holiday mode? miss your analysis

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,660
  • Jan 10, 2013 1:40pm Jan 10, 2013 1:40pm
Helloo!

what hapin? whats pushing the charts like this?

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
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