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Still Basketting

  • #3,121
  • Edited 7:13am Jan 25, 2013 7:11am | Edited 7:13am
Quoting omadivi
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

Hello Sir,
if you don't mind, can you please tell me, why 91 it's so important on UJ? I'm trying to understand why, looking at Weekly and Monthly TF, but can't catch why exactly 91.

P.

PS

Basket update.
Before few minutes it's hit 500 pips...realy amazing system!
God bless you KOS

P.

PS2

Sorry for the messy chart, I forgot to hide the trend lines.
Attached Image (click to enlarge)
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"The fear of loss is a path to the Dark Side." >> Yoda
  • #3,122
  • Jan 25, 2013 8:10am Jan 25, 2013 8:10am
page 209? I pity new comers to this thread.
many would just look at the no of pages and go away not knowing they are walking away from what could benefit them.

those who would eat the honey inside a rock they say, should not look at the mouth of the axe

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,123
  • Jan 25, 2013 8:13am Jan 25, 2013 8:13am
Quoting Sk29
Kos,

Thank you so much for this great system. After lurking this forum for almost 2 years, I'm finally breaking even consistently on a weekly / monthly basis. I lost all of my first 2 years and am hoping to finishin this year at break-even. Next year, I will hope to be profitable. baby steps

One quick question - for those who are trading the 1H, does this mean you enter on the 1H but only in the same direction of HAS H4? For example, HAS H4 is BLUE, so wait for H1 to turn BLUE and then put a BUY basket?

This would also mean that if H1 turns...
Sir, treat each TF individually and trade them so. We only use HTF as the bigger picture.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,124
  • Jan 25, 2013 8:16am Jan 25, 2013 8:16am
Quoting TraderJoe
I decided to try just short pound and yen. Interesting...
I may add a short usd to it.

You are doing something else, not basketting, the 14 pairs and c5 were carefully selected, anything else is something else

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,125
  • Jan 25, 2013 8:22am Jan 25, 2013 8:22am
Quoting blamshakk
this reversal, is it a permament/semi permanent one? or do you make the reversals on a case by case basis? thanks
do any of the above, just as your faith allows you, but I favour reversing them always, its a way of optimising profit.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,126
  • Jan 25, 2013 8:27am Jan 25, 2013 8:27am
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
No, the pip count is not the same, the SL is 40x5 pairs. I thought this has been discussed once.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,127
  • Jan 25, 2013 8:29am Jan 25, 2013 8:29am
Quoting xlitang
Anyone know how to write EA running on offline chart?
all the ones here by GVC run on offline charts

do you have any problem with them?


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,128
  • Jan 25, 2013 8:36am Jan 25, 2013 8:36am
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...
Your analysis is always to the point
the SELL signal may be anytime next week, though price has flipped HAS up again, but I don't know how much gap is left in that upside, happy pippin too

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,129
  • Jan 25, 2013 8:43am Jan 25, 2013 8:43am
Quoting stephenoye
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?
c5 signals are sometimes earlier 1 or 2 bars
on 1HR I use 200 but recently I changed it to 250 pips, no reason, just feel its too close


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,130
  • Jan 25, 2013 8:43am Jan 25, 2013 8:43am
anything else is something else lol KOS rocks
  • #3,131
  • Jan 25, 2013 8:54am Jan 25, 2013 8:54am
Quoting petrakis
Basket update.
Before few minutes it's hit 500 pips...really amazing system!
God bless you KOS

Sorry for the messy chart, I forgot to hide the trend lines.
Bless you too, petrakis!

Have a nice weekend


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,132
  • Jan 25, 2013 8:55am Jan 25, 2013 8:55am
Quoting stephenoye
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.
Stephenoye Thanks I will leave as it is ,
  • #3,133
  • Jan 25, 2013 9:10am Jan 25, 2013 9:10am
Quoting Kosomolate
c5 signals are sometimes earlier 1 or 2 bars
on 1HR I use 200 but recently I changed it to 250 pips, no reason, just feel its too close


kos
Thanks kos.

Just to be clear this is for 14 pair right?

Thanks
Psalms 82:6: Forex Must Bow!
  • #3,134
  • Jan 25, 2013 9:13am Jan 25, 2013 9:13am
Quoting Kosomolate
page 209? I pity new comers to this thread.
many would just look at the no of pages and go away not knowing they are walking away from what could benefit them.

those who would eat the honey inside a rock they say, should not look at the mouth of the axe

kos
A solution to that is coming kos.
Trying to make it as discriptive as possible (like IDIOT'S GUIDE).

Might send you a 'draft just for your intial thoughts.
Far from done though. Just comments to make sure I'm going in the right direction.
Psalms 82:6: Forex Must Bow!
  • #3,135
  • Jan 25, 2013 9:21am Jan 25, 2013 9:21am
Quoting stephenoye
Thanks kos.

Just to be clear this is for 14 pair right?

Thanks
Yes the Full basket [14]

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,136
  • Jan 25, 2013 9:23am Jan 25, 2013 9:23am
Quoting stephenoye
A solution to that is coming kos.
Trying to make it as discriptive as possible (like IDIOT'S GUIDE).

Might send you a 'draft just for your intial thoughts.
Far from done though. Just comments to make sure I'm going in the right direction.
thank you in advance,

Pls don't do it hurriedly, take all the time you need so that you will come up with a good document

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,137
  • Jan 25, 2013 9:51am Jan 25, 2013 9:51am
IMHO, most attractive feature of basket trading is not having to worry about pair specific ECO news ruining a position in just a few minutes. Tranquility factor is enormous!!!!! Anyway, will be closing up shop early today. Could be wrong, but not expecting much more movement to the upside. Had resolved to exit at 157.81, top Fib level, but held on... grasping is always wrong.
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Vincit qui se vincit.
  • #3,138
  • Jan 25, 2013 9:51am Jan 25, 2013 9:51am
wk 4 January 2013

closing green, a SHORT and a LONG signals
yielded few pips less than 1000 pips for me cos of EA ERROR of opening 11 pars instead of 14 and I didn't notice it till close of basket

but I can go away from charts now with happy mind

Have a blissful weekend everyone


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #3,139
  • Jan 25, 2013 9:57am Jan 25, 2013 9:57am
Quoting Kosomolate
wk 4 January 2013

closing green, a SHORT and a LONG signals
yielded few pips less than 1000 pips for me cos of EA ERROR of opening 11 pars instead of 14 and I didn't notice it till close of basket

but I can go away from charts now with happy mind

Have a blissful weekend everyone


kos
Kos, thanks for bringing this great approach to my attention!!!!!! I scored about 850 pips this week with one Short(B/E), and one Long.
Vincit qui se vincit.
  • #3,140
  • Jan 25, 2013 10:04am Jan 25, 2013 10:04am
Closed shop for the weekend.
Have a good weekend guys.
Lots of studying to do.

Many thanks to kos for a fab system!
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Psalms 82:6: Forex Must Bow!
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