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Still Basketting

  • #3,061
  • Jan 23, 2013 11:25am Jan 23, 2013 11:25am
Cardinal mistake I made.
Entered short early hours and by the time I left for work it was @ +500pips (130pips locked). Happy bunny.
I was monitoring periodically on my phone (was on site and laptop in my bag).
Was shocked to find the basket in loss a few hours laters.

Well, MPBM was running on my laptop while I was on site (no internet connection).
Doh!

Got home, switched on and trade closed for +150pips (lucky me).

Lesson learnt on demo luckily.
Psalms 82:6: Forex Must Bow!
  • #3,062
  • Jan 23, 2013 12:08pm Jan 23, 2013 12:08pm
I've close everything for a few pips. It appears the trend may be changing so we should be playing the wait and see game here for the moment. I'm pretty sure we're turning long again but not positive yet.
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #3,063
  • Jan 23, 2013 12:23pm Jan 23, 2013 12:23pm
Quoting TraderJoe
You're right, sorry about that.
When you load your ea "attach to chart" you will see "common".
Under it you'll see Long & Short. Click on the delta.
TJ Thanks
  • #3,064
  • Jan 23, 2013 12:29pm Jan 23, 2013 12:29pm
Quoting TraderJoe
I've close everything for a few pips. It appears the trend may be changing so we should be playing the wait and see game here for the moment. I'm pretty sure we're turning long again but not positive yet.
Favouring long here too.
This 4h HAS is a stubborn so and so.

BTW, can anyone explain why there was a big gap in price or is it just me?

Thnaks
Attached Image (click to enlarge)
Click to Enlarge Name: price jump.gif Size: 69 KB
Psalms 82:6: Forex Must Bow!
  • #3,065
  • Jan 23, 2013 12:31pm Jan 23, 2013 12:31pm
possible long?

http://i48.tinypic.com/2l8ewjc.jpg
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #3,066
  • Jan 23, 2013 2:56pm Jan 23, 2013 2:56pm
Quoting stephenoye
...
BTW, can anyone explain why there was a big gap in price or is it just me?

Thnaks
Maybe loss of data while "on site"

Try close platform and reopen, should fill the gaps. Weekend wasnt that big a gap.

cheers scalpz
Target 2 : Stoploss in the green
  • #3,067
  • Jan 23, 2013 5:10pm Jan 23, 2013 5:10pm
Quoting scalpz
Maybe loss of data while "on site"

Try close platform and reopen, should fill the gaps. Weekend wasnt that big a gap.

cheers scalpz
Cheers Scalpz,

Hardly ever shutdown my terminal.
Don't know why I didn't try that in the first place.

Missed a nice re-entry there.
I'll wait for the next train.
Attached Image (click to enlarge)
Click to Enlarge Name: recovered.gif Size: 76 KB
Psalms 82:6: Forex Must Bow!
  • #3,068
  • Jan 23, 2013 6:26pm Jan 23, 2013 6:26pm
Here's a tool that can help tracking the performance of a basket. If you have multiple baskets with different magic numbers (you can set this in the EAs or the buy/sell scripts), you can monitor them separately by entering the basket's magic number into this indicator's input. It shows the high and low watermark (highest and lowest gain/loss until the current time or till the time of close), and the time they happened. This can help in further improving entries, MM, exits and so on. Personally I take a screenshot of my charts at every entry and exit of the trades I make, and at the weekends (or every 2nd weekend) I review my trades. I learn a lot from this reviews...
Attached Image (click to enlarge)
Click to Enlarge Name: iexposure.png Size: 33 KB
Attached File(s)
File Type: mq4 iExposure_Tickets.mq4   37 KB | 522 downloads
  • #3,069
  • Jan 23, 2013 8:57pm Jan 23, 2013 8:57pm
Thanks Dud and Trader Joe, I will give it a try...
  • #3,070
  • Jan 23, 2013 9:17pm Jan 23, 2013 9:17pm
Just want to give myself a hand... for not chasing the price yesterday. Market just shot up and I would be out of it.

So the question is now, do I try to re-enter for a short on the 15 min chart or do I wait??
  • #3,071
  • Jan 23, 2013 9:48pm Jan 23, 2013 9:48pm
Quoting gyfu
Just want to give myself a hand... for not chasing the price yesterday. Market just shot up and I would be out of it.

So the question is now, do I try to re-enter for a short on the 15 min chart or do I wait??
Well anyone who took the re-entry on the 15 min earlier would have lost over 500 pips as soon as they got in because it went the opposite way as soon as the HAS showed a valid sell signal. So I wouldnt. Thats just me.
  • #3,072
  • Jan 23, 2013 9:56pm Jan 23, 2013 9:56pm
Quoting Zool
Here's a tool that can help tracking the performance of a basket. If you have multiple baskets with different magic numbers (you can set this in the EAs or the buy/sell scripts), you can monitor them separately by entering the basket's magic number into this indicator's input. It shows the high and low watermark (highest and lowest gain/loss until the current time or till the time of close), and the time they happened. This can help in further improving entries, MM, exits and so on. Personally I take a screenshot of my charts at every entry and...

Thanks ZOOl.
Enter Signature
  • #3,073
  • Edited 10:46pm Jan 23, 2013 10:24pm | Edited 10:46pm
Hi all,
The day highest point of J series will appear before 09:00 am chart time. Not much left from the current level.
After that should turn SHORT.
Face both Win and Lose bravely
  • #3,074
  • Jan 23, 2013 11:18pm Jan 23, 2013 11:18pm
Yea prices are a little zonky right now. I'll come back tomorrow and take another look.


(thanks zool I'll take a look at that)
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #3,075
  • Jan 24, 2013 3:04am Jan 24, 2013 3:04am
signal in 1 H any takers
  • #3,076
  • Jan 24, 2013 3:21am Jan 24, 2013 3:21am
Quoting unimak
signal in 1 H any takers
taken and almost BE now

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,077
  • Jan 24, 2013 3:34am Jan 24, 2013 3:34am
Quoting gyfu
Hi all,
I am currently using T101 Basket Trader v2.2. I definitely missed out the long dived that broke through the H4 HAS. I am thinking of re-entering on the 15 min chart when the HAS change.

Is there a way to tell the EA to look out for Sell signals only. I am quite sure KOS mentions this quite a bit, but I think he is doing it on his own EA. I am currently manually monitoring but as my luck with charts are, usually they change when I am at work in a meeting or am a sleep.

thanks,
Hi gyfu
Could you post your T101 Basket Trader v2.2 and your settings ?
Many thx
  • #3,078
  • Jan 24, 2013 4:26am Jan 24, 2013 4:26am
Quoting unimak
signal in 1 H any takers
Took it @0800GMT.
Attached Image (click to enlarge)
Click to Enlarge Name: 120124.gif Size: 59 KB
Psalms 82:6: Forex Must Bow!
  • #3,079
  • Jan 24, 2013 4:42am Jan 24, 2013 4:42am
i have close this trade with +500 pips


http://i47.tinypic.com/bbn2o.jpg
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #3,080
  • Jan 24, 2013 5:00am Jan 24, 2013 5:00am
Quoting tnavi
i have close this trade with +500 pips

Hey Tnavi,

If you don't mind, could you expalin why you closed trade?
I'm taking that was descretionary as HAS hasn't changed colour.
Or you got any further analysis?

Thanks

stephenoye
Psalms 82:6: Forex Must Bow!
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