Still Basketting

How long this is going to hang on like this in the range? It has been almost 2 weeks now. It is frustratingly boring to watch the market without clear entry. Let us see if the NFP would at least make the basket move in a direction. In my personal observation any impact on JPY due to USD make the basket move in a direction. It is better to learn trading in 15M chart as is being done by tnavi. I commend your efforts Mr.tnavi. You are just chasing the market where ever it goes taking all those pips the market gives or takes.

Another way of using the basket. I made an exclusive basket of Euro pairs (7) and observed it when the interest rate was announced. Knowing well in advance of the rate cut this Euro basket could be traded by modifying the Buy/Sell order scripts with only Euro currencies. I experimented this in a demo today and found it rewarding. You got to be sure of the market direction. Or else you will have to get out with tight stop loss. This can be applied to any currency on very high impact news releases. This is more of a manual trading using fundamentals. This may not be suitable to all.

FxOptimu$

i only trade when chart say me to operate.

i have won +900 points in few hours,

u have the entries in "streaming" few messages back...

http://i40.tinypic.com/xaum13.jpg

now im selling again...

im going to bed....i will see the chart with mobile.

dad is in da house!

http://i42.tinypic.com/o5qbsn.jpg

yesterday´s short closed with -100 points...

now floating...

11 traders here, and nobody says anithing?

must be your new avatar tnavi its scared them all

This week starting from Monday turned out to be dry for me after having gone live. Once again the market moved up to the resistance level and returning down. Waiting for NFP. Today being Friday any movement in trend can be expected next week only.

FxOptimu$

Hi TNAVI

The market has had me baffled over the last 2 weeks, every thing I did turned out wrong.

I have been pleased with your regular comments, much appreciated.

Please bring back your old Avatar, I like it much better than the new one!

Thanks to you & FX-Optimus & all others keeping up the running description of the market, very good.

All the best.

Larfa

Finally the range has been broken by NFP.

FxOptimu$

After days of waiting it is rewarding at the end with +600 points in my first live trade.

FxOptimu$

The market could not come down after the 4th April policy announcement by Japan. It just floated above the clouds for so many days and finally moving up as expected. The fibo 38.2 and the cloud provided strong support on 23rd April. There is still 90 pips left for USDJPY to reach 100.0 level. By that time the basket will reach the resistance level at 202.0 before testing and fall back. These observations are just to give a broader out look on where the basket is heading towards. All trading decisions are made using HAS. Perhaps this would help in entering the market using HAS.

The fact is that the market technically follows the trend irrespective of fundamental economic news releases.

Happy weekend
Fx...$

I only used the repainting indicator this week on M15..........

I would have made about 250 pips more if I was here on the signals......

Made approx. 350 pips

http://i.imgur.com/aRtiN3F.gif

Hi Mr.GVC

I rarely use the T101...v3 ea. Reason I could not make the settings right for BE. I have been trading mostly by manual. Also Iam frequently getting stopped out by the trailing stop. This can not be back tested to make it suitable to my requirement.Can you please set these parameters as per my requirement given below;

xs_0006 = "--Trailing & BE+Lock";
UseTrailing = false;
TrailFixed = false;
FixedTrailValue = 10;
TrailPercent = false;
TrailPrcntage = 75;
xs_0006a = "--Trailing/BE+Lock Defaults";
DftTrailingAtValue = 15;
DftBreakevenAtValue = 10;
DftLockValue = 5;

Requirement : After the order moved 200 pips if the market returns back all the orders should get closed at zero profit. I do not require a trailing stop.

This would help many others as well.

Thanks
Fx...$

I am not sure I understand you correctly, You want to lock profit at 200 pips?
Or you want Break Even at 200 pips?

EDIT: After reading your post again I see that you want to set Break Even after 200 pips profit.

(I usually am a bit slow on Fridays after a hectic week at the salt mine.)

Fx Optimus

I will work on it this weekend if I get a gap.

(Going to a 50th birthday tomorrow)

you mean you clock 50th tommorrow? GVC?
or to attend someone's

kos

Fortunately not mine yet, but in a year or so.......

How are you my friend?

Making good pips I hope?

This is my Live account opened on Tuesday..........

Up +700 pips and I think I will leave it open.......

http://i.imgur.com/j1N6JNL.png

thats good to hear. I am fine and doing great pip wise

though the FX market is increasingly getting difficult to trade the way price surges these days
am testing that indicator you posted in don's groups I-XO-A_H its very responsive to sudden price mad moves
am observing its faults and strength. I like how it trades the curves

look at yesterday's surge in the chart posted and see what today has brought



kos

using i-xo-a-h.mq4 with my EA and using 15min to see how its doing
but the performance yesterday made me want to drop back again to 15min TF

I will observe it for one more month to see how far.

kos