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Still Basketting

  • #4,021
  • May 9, 2013 10:19pm May 9, 2013 10:19pm
Quoting Kosomolate
{quote} the diff in charts is clear, just noticed it may be due to bar close or the pairs in your basket fx-optimus, as if price was waiting for you to get out of the long and away it flew kos
Hi Kos

Fundamentally I was expecting the market to go up as discussed in my earlier posts. I just focused on what the chart saying keeping aside my analysis. But the HAS_2 9 2 12 produced series of Red signs in M15. I waited for more than 2 hrs before closing the buys.

Jumping from one trading system to another trying to look out for the perfect system is very common among traders. The search is never ending. Similarly, here, within the basket trading system there has been jumping from one method to another trying to fiind out the correct entry and exit. In the process we forget that there is nothing perfect in this world.

So the conclusion is that we all start trading with single indicators/settings and make entry/exit in unison. Let the experts suggest the alternate better method to trade the basket. Need of the hour is not R & D. It is the pips that we pocket every week that matters.

Fx...$
  • #4,022
  • May 9, 2013 11:36pm May 9, 2013 11:36pm
Quoting Kosomolate
{quote} true talk ingmarforex! kos
People should be gratefull with what tool you give them it is a good fishing pole but some people still need to learn to fish. Offcourse there are also different fishingmen some throw in a net and grab a whole bunch of fish some like to flyfish and grab some fish here and there. While a other 1 uses a harpoon and try to shoot for 1 big fish fast in and out.

But at the end it will probally all come to patience and discipline (Pschologhy) 1 can not throw a net in a rocky area and break the net. Or flyfish in between a lot of trees they will throw the line in the trees. And the harpoonguy has only 1 shot then he needs to reload the harpoon if he misses the big fish is gone.


Gob bless mate

Inserted Video
  • #4,023
  • May 10, 2013 3:05am May 10, 2013 3:05am
Quoting Fx-optimus
{quote} Hi Kos Fundamentally I was expecting the market to go up as discussed in my earlier posts. I just focused on what the chart saying keeping aside my analysis. But the HAS_2 9 2 12 produced series of Red signs in M15. I waited for more than 2 hrs before closing the buys. Jumping from one trading system to another trying to look out for the perfect system is very common among traders. The search is never ending. Similarly, here, within the basket trading system there has been jumping from one method to another trying to fiind out the correct...
Hi optimus!

look at the chart posted that is 2.9.2.12 for the past 15 trading days
it has produced 6 basket signals and 5 winners and a looser!

now let us zoom-in to yesterday's trades
the buy signal was picked by midnight (autotrading)
and still on now while M15 was diving in-out-in around the blue box
H1 was steady in the trade and H1 trader has no reason to close the trade

2.9.2.12 was configured to give you same but faster & better entries as the ichi cloud
but you guys thought I was trying to impose HAS on you.

Indicators do not make the system its you at least 75% you.
Just pick any of the indicators, and as you keep using it
you get used to it. You know its weaknesses and strenght cos they all have.

And once you make that decision stay with it for at least 6 months or 1 yr.

kos
Attached Image (click to enlarge)
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,024
  • May 10, 2013 3:08am May 10, 2013 3:08am
compare the entries again, sometime HAS is there hours before the cross of cloud

the red line ichi cloud break, and the small arrows HAS entries

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,025
  • May 10, 2013 3:13am May 10, 2013 3:13am
Kos nailed it on the head!
  • #4,026
  • May 10, 2013 3:22am May 10, 2013 3:22am
Quoting ingmarforex
{quote} People should be gratefull with what tool you give them it is a good fishing pole but some people still need to learn to fish. Offcourse there are also different fishingmen some throw in a net and grab a whole bunch of fish some like to flyfish and grab some fish here and there. While a other 1 uses a harpoon and try to shoot for 1 big fish fast in and out. But at the end it will probally all come to patience and discipline (Pschologhy) 1 can not throw a net in a rocky area and break the net. Or flyfish in between a lot of trees they will...
almost every trader passes through these phases before finally finding
their trading self.

I started with scalping the M1 and later discovered that you need nerves of steel
to be able to eat from that TF,

then I moved, kept trying this and that before finding myself. clustered chart puts me off
instantly, it has to be clean with 1 or 2 indicators at most.

simple entries, clear exits, BE, no trailing, automated.

Automated because I don't like to deceive myself about my emotions
I believe fear and greed are integral part of humans, very difficult to deal with.
so the bot help me take care of fear mostly.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,027
  • May 10, 2013 3:32am May 10, 2013 3:32am
great week so far.
I bless the name of the Lord.

2 great trades 2 great winners, +2000 pips


kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #4,028
  • May 10, 2013 4:29am May 10, 2013 4:29am
Kos, i work with trendlines...how can i automated this???

Its imposible!!



Im tied necesary with my sentiments....
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,029
  • May 10, 2013 5:05am May 10, 2013 5:05am
Hey Kos,

Do you wait for close on your H4 entries or do you enter as soon as it goes I_XO_A_H goes RED.
Reason is there is a bit of repaintin going on.

I've trialled wating for H4 to peak and entering on M15 which seemed to work out fine.

What do you think?

I grown to respect H4 by the way as nearly every time I've disobeyed him he has whipped me.

Plus would you enter a H4 trade on a Friday?
There seems to be one coming.
Psalms 82:6: Forex Must Bow!
  • #4,030
  • May 10, 2013 5:37am May 10, 2013 5:37am
Quoting Kosomolate
{quote} Hi optimus! look at the chart posted that is 2.9.2.12 for the past 15 trading days it has produced 6 basket signals and 5 winners and a looser! now let us zoom-in to yesterday's trades the buy signal was picked by midnight (autotrading) and still on now while M15 was diving in-out-in around the blue box H1 was steady in the trade and H1 trader has no reason to close the trade 2.9.2.12 was configured to give you same but faster & better entries as the ichi cloud but you guys thought I was trying to impose HAS on you. Indicators do not make...
Hi Kos,

with the same settings what you show on the chart, my chart is completely different. Its pretty visible on the trade #3.

My broker shows this as well as my trader friends broker.

What could be the cause of this? Settings are the same as yours.

Thanks for the help in advance.
Attached Image (click to enlarge)
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  • #4,031
  • May 10, 2013 7:00am May 10, 2013 7:00am
@kinca , hey i think he might have posted the wrong has settings . I think kos meant 2 ,25 ,2 ,25 not 100% sure though
  • #4,032
  • May 10, 2013 1:47pm May 10, 2013 1:47pm
Quoting tnavi
Kos, i work with trendlines...how can i automated this??? Its imposible!! Im tied necesary with my sentiments....
drawing trend-line is very subjective,

tell 10 traders to draw trend-line on same chart
you may end up with 9 different trend definitions.

that makes it very hard to automate but it is not impossible


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,033
  • May 10, 2013 1:52pm May 10, 2013 1:52pm
Quoting stephenoye
Hey Kos, Do you wait for close on your H4 entries or do you enter as soon as it goes I_XO_A_H goes RED. Reason is there is a bit of repaintin going on. I've trialled wating for H4 to peak and entering on M15 which seemed to work out fine. What do you think? I grown to respect H4 by the way as nearly every time I've disobeyed him he has whipped me. Plus would you enter a H4 trade on a Friday? There seems to be one coming.
Yes I wait for the bar-close.
No way! that is not what is referred to as repainting

I-XO-A-H is just for testing on a very small account.
so for now ignore it unless you want to test along.

HAS is still the primary indicator, H4 should never be ignored

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,034
  • May 10, 2013 1:56pm May 10, 2013 1:56pm
Quoting kinca
{quote} Hi Kos, with the same settings what you show on the chart, my chart is completely different. Its pretty visible on the trade #3. My broker shows this as well as my trader friends broker. What could be the cause of this? Settings are the same as yours. Thanks for the help in advance. {image}
kinca hi!

cant say exactly what the problem is,

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,035
  • May 10, 2013 3:49pm May 10, 2013 3:49pm
Quoting kinca
{quote} Hi Kos, with the same settings what you show on the chart, my chart is completely different. Its pretty visible on the trade #3. My broker shows this as well as my trader friends broker. What could be the cause of this? Settings are the same as yours. Thanks for the help in advance. {image}
Hi Kinka,
I have the same issue on my broker as well
  • #4,036
  • May 10, 2013 5:34pm May 10, 2013 5:34pm
Quoting Kosomolate
2.9.2.12 was configured to give you same but faster & better entries as the ichi cloud but you guys thought I was trying to impose HAS on you.{image}
Hi Kos,

So what HAS settings are you now using with your trades? Still the ones from way back in the start of thread?
Everyone's got a plan until they get punched in the face
  • #4,037
  • May 11, 2013 8:04am May 11, 2013 8:04am
good week!

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

i love trendlines breakouts xD
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,038
  • May 13, 2013 2:24am May 13, 2013 2:24am
hi guys!

that such was your weekend?

http://i43.tinypic.com/643udc.jpg

we start a new week selling!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,039
  • May 13, 2013 4:42am May 13, 2013 4:42am
Sell entry. Just started floating 100+ points.

Fx...$
  • #4,040
  • May 13, 2013 6:12am May 13, 2013 6:12am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Kosomolate
{quote} kinca hi! cant say exactly what the problem is, kos

Hi ALL
What makes charts look different, brokers feeds are effected by a number of things, Time zone of broker, Day start time of broker, spreads of pairs, Sunday candles.

Time zone - which country are they running from = what time do they get up to full speed
Day start time - not such an issue on 1h or lower charts, but has a massive impact on all charts above 1h
Sunday candles - does you broker show them (would depend on broker start times) - but they impact all indi's as they either add or detract the info that feeds them
Spreads - highs/lows are impacted by spreads - bid/ask price is the difference between spreads - most demos have standard spreads by suffer more from fluctuations, small accounts have larger spreads, big accounts with the right broker have much small spreads and some even offer RAW feeds without spreads.

so add in a few sunday bars and some tight spreads and all of a sudden you get a different chart.

once a week you should update you charts for the individual pairs - open each pair in all the TF's you use - this updates you history files and keeps the basket charts clean, you also check that you have all pairs available within you broker feed (you could be running the charts with 1 pair missing)


@Kos - on this occasion i would suggest you update your history files - you seems to have way to many gaps in the candles for my liking

Regards

MPP
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