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Still Basketting

  • #3,101
  • Jan 24, 2013 4:56pm Jan 24, 2013 4:56pm
hey stephanoye

i entered manually on a pullback with trail/stop settings more similar to yours. but even though its at half the lot size, ie 0.05 as opposed to 0.1 that you are using, and i entered later, the p/l seems to be a lot lower than yours compared to the size of market move we've both captured relative to each other.

am i imagining things? or maybe i need to use the basketv7 indy to generate the BSKT14 chart rather than putting the EA on the offline chart generated by basketv6, ie kos14.

any input would again be really appreciated ...would be great to be seeing those 800 pip baskets that i've seen posted on this thread actually on my screen...

thanks



Quoting stephenoye
Basket has hit area of previous resistance and retracted.
Previously hit 1000+ pips and locked 262pips before retracting.

Also keeping an eye on GJ and this has also stalled at previous resistance level.
I'll give it a bit longer, maybe till Tokyo.
Attached Image (click to enlarge)
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  • #3,102
  • Jan 24, 2013 6:02pm Jan 24, 2013 6:02pm
Quoting blamshakk
hey stephanoye

i entered manually on a pullback with trail/stop settings more similar to yours. but even though its at half the lot size, ie 0.05 as opposed to 0.1 that you are using, and i entered later, the p/l seems to be a lot lower than yours compared to the size of market move we've both captured relative to each other.

am i imagining things? or maybe i need to use the basketv7 indy to generate the BSKT14 chart rather than putting the EA on the offline chart generated by basketv6, ie kos14.

any input would again be really appreciated...
Hey blamshakk,

The only obvious differences I can see except for me using Basket7 and lot size is that I've got the swissys reversed.
They on their own are contributing +800pips to the basket. AU, GU & NU are letting the basket down to the tune of -1600pips

My entry is also @least 3 hours earlier it seems.
I'm up to +1020 @ the moment

I'm gonna let it run though.
It's seriously testing a resistance level. It might just break it.
If not well, it'll tumble and hit my trail (a meagre 25%)
I need to do a bit of work and decide if I want to trail or use a JS.
If this were a live account, I think I'd have to fold now. I couldn't watch this go all the way back.
Psalms 82:6: Forex Must Bow!
  • #3,103
  • Jan 24, 2013 6:56pm Jan 24, 2013 6:56pm
totally hear what you're saying about the live account...definitely would take profit if i had £800 on the table...


re: reversals ah i see, that makes it clearer

i will try and reverse GBPCHF and USDCHF, also try basketv7

this reversal, is it a permament/semi permanent one? or do you make the reversals on a case by case basis? thanks

Quoting stephenoye
Hey blamshakk,



The only obvious differences I can see except for me using Basket7 and lot size is that I've got the swissys reversed.
They on their own are contributing +800pips to the basket. AU, GU & NU are letting the basket down to the tune of -1600pips

My entry is also @least 3 hours earlier it seems.
I'm up to +1020 @ the moment

I'm gonna let it run though.
It's seriously testing a resistance level. It might just break it.
If not well, it'll tumble and hit my trail (a meagre 25%)
I need to do a bit of work and decide...
  • #3,104
  • Jan 24, 2013 9:49pm Jan 24, 2013 9:49pm
Just thinking out loud

For those trading 14 pair and Core 5,I only do Core 5,

Is the pip count close or about the same?

For example if the Core 5 is up 250 pip is the 14 pair up almost to 700 or is it pretty close to 250

The reason I ask is, if the profit range is about the same, then should the core 5 SL be raise equally
  • #3,105
  • Jan 24, 2013 9:53pm Jan 24, 2013 9:53pm
In the T101 ea the Buy(or Sell) Basket P/L was always off a bit. My broker charges a commission

I edited the EA and change this line from

gd_Profit.Loss += OrderProfit() + OrderSwap() - OrderCommission();

to

gd_Profit.Loss += OrderProfit() + OrderSwap() + OrderCommission(); // was -

The orderCommisson was minus I made it plus now it is equal to the balance line in MT4
  • #3,106
  • Jan 25, 2013 12:17am Jan 25, 2013 12:17am
Anyone know how to write EA running on offline chart?
Follow me to the Promised Land
  • #3,107
  • Jan 25, 2013 1:31am Jan 25, 2013 1:31am
Quoting stephenoye
Basket has hit area of previous resistance and retracted.
Previously hit 1000+ pips and locked 262pips before retracting.

Also keeping an eye on GJ and this has also stalled at previous resistance level.
I'll give it a bit longer, maybe till Tokyo.
Attached File(s)
File Type: docx Bot !.docx   137 KB | 588 downloads
Stepenoye Ur chart and my chart is different ? and how do u put in Fix trail amount ETC
  • #3,108
  • Jan 25, 2013 1:32am Jan 25, 2013 1:32am
The reentry was just in time.


Quoting petrakis
Back to the train. used M5 for re-entry on C5. Anyone else?


P.
Attached Image (click to enlarge)
Click to Enlarge Name: reentry.gif Size: 40 KB
"The fear of loss is a path to the Dark Side." >> Yoda
  • #3,109
  • Jan 25, 2013 2:15am Jan 25, 2013 2:15am
Quoting omadivi
The BOJ minutes are out. No sign that they will stop further easing. So possibly,the yen pairs shld rise higher. This means the downside move might be limited. BE and tight stops. Happy piping
UJ making new highs and dragging all the yen pairs up with it. And the USD is currently weak,so we have an ideal "bull scenario". I think the next sell signal is going to be the move that breaks the bank. It might start quickly,watch out for high impact news that may not favour the usd. Once the UJ starts its plunge,so will the others. The BOJ are going to continue easing in 2014,imho,I dnt think their easing actions will be as aggressive as we've seen in the last few months. So sell signals will YIELD. Right now, enjoy the ride up. My main focus is on the H1 charts. Happy piping.
It is possible to make large sums trading, small losses, large wins
  • #3,110
  • Jan 25, 2013 2:16am Jan 25, 2013 2:16am
Quoting xlitang
Anyone know how to write EA running on offline chart?
I'm sure you know the "T101 Basket Trader v2.2" already does?
Charts never lie! (everyone else does) ... now where's that FF Adult lounge
  • #3,111
  • Jan 25, 2013 3:01am Jan 25, 2013 3:01am
ej just a shy away from 121.9 as predicted. hitting this fig confirms the up trend.

basket blasting, 250 pips locked.
  • #3,112
  • Jan 25, 2013 3:06am Jan 25, 2013 3:06am
121.9 ej spot on , the scare of reversal goes away
  • #3,113
  • Jan 25, 2013 3:18am Jan 25, 2013 3:18am
Locked 200 pips, Pip profit 433 pips...for now.


P.
"The fear of loss is a path to the Dark Side." >> Yoda
  • #3,114
  • Jan 25, 2013 3:20am Jan 25, 2013 3:20am
Quoting blamshakk
totally hear what you're saying about the live account...definitely would take profit if i had £800 on the table...


re: reversals ah i see, that makes it clearer

i will try and reverse GBPCHF and USDCHF, also try basketv7

this reversal, is it a permament/semi permanent one? or do you make the reversals on a case by case basis? thanks
I leave the swissys permanently reversersed.
Can't be asked to keep switching and as kos said, most of the times they eventually fall in line.
Psalms 82:6: Forex Must Bow!
  • #3,115
  • Jan 25, 2013 3:25am Jan 25, 2013 3:25am
Quoting dryclean
Just thinking out loud

For those trading 14 pair and Core 5,I only do Core 5,

Is the pip count close or about the same?

For example if the Core 5 is up 250 pip is the 14 pair up almost to 700 or is it pretty close to 250

The reason I ask is, if the profit range is about the same, then should the core 5 SL be raise equally
Good question.
Does the Core 5 send signals at about the same time as the 14 pair?
I only do 14 pair at the moment but I'm looking to experiment with C5 soon.
All on demo.

Also, another question is, the 150 pip BE setting (about 11pip per pair) that kos gave was for 15min trading.
He also said this should be adjusted accorindingly as you go up in time frame.

Any ideas?
Psalms 82:6: Forex Must Bow!
  • #3,116
  • Jan 25, 2013 3:32am Jan 25, 2013 3:32am
Quoting terminator12
Attachment Stepenoye Ur chart and my chart is different ? and how do u put in Fix trail amount ETC
Think it's just colour of your candles mate.
You're using the defaults from metatrader.
Right-click on your chart and click properties.

See below.
Attached Image
Psalms 82:6: Forex Must Bow!
  • #3,117
  • Jan 25, 2013 3:35am Jan 25, 2013 3:35am
Quoting omadivi
UJ making new highs and dragging all the yen pairs up with it. And the USD is currently weak,so we have an ideal "bull scenario". I think the next sell signal is going to be the move that breaks the bank. It might start quickly,watch out for high impact news that may not favour the usd. Once the UJ starts its plunge,so will the others. The BOJ are going to continue easing in 2014,imho,I dnt think their easing actions will be as aggressive as we've seen in the last few months. So sell signals will YIELD. Right now, enjoy the ride up. My main focus...
Loving your analysis as always Omadivi.
I'm studying to show myself approved just like you at the moment.

Except for years of experience, what else can I do to get this kind of knowledge?
Doing a lot of studying at the moment anyways and gaining day by day.

Thanks for your help.
Psalms 82:6: Forex Must Bow!
  • #3,118
  • Jan 25, 2013 3:52am Jan 25, 2013 3:52am
Basket update.
It picked up during Tokyo times last night and countinued testing a previous resistance piercing it several times.
Each time with a bounce back but higher highs so I decided to let it run over night.
Now sitting at +1500pips and GJ is testing today's R1 which seems to coincide with resistance level from 3 days ago.
Let's see what happens. Resistances are there to be broken right.

$415 locked. It'll be a shame for this basket to roll back to that surely.
Like I said last night, if this was real money I'd have banked it by now. May have been regretting it now though.
Need to really practice my re-entries and get it nailed down so that I can cash out and re-enter confidently.

Everyday's a school day.
Attached Image (click to enlarge)
Click to Enlarge Name: 120125.gif Size: 47 KB
Psalms 82:6: Forex Must Bow!
  • #3,119
  • Jan 25, 2013 5:53am Jan 25, 2013 5:53am
UJ hit 91 some minutes ago. If we have rejection here,then down we go. There's a USD news in 3hrs time,that might cause a spike up. Its friday,anything can happen. Happy pipin
It is possible to make large sums trading, small losses, large wins
  • #3,120
  • Jan 25, 2013 6:16am Jan 25, 2013 6:16am
Quoting stephenoye
Loving your analysis as always Omadivi.
I'm studying to show myself approved just like you at the moment.

Except for years of experience, what else can I do to get this kind of knowledge?
Doing a lot of studying at the moment anyways and gaining day by day.

Thanks for your help.
Hi bro,
Am happy I can help.
It is possible to make large sums trading, small losses, large wins
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