Still Basketting

Will close at 106.39... a retrace of 250 pips... Reentry on PC break...

Double/Triple tops are a threat after a substantial move... This is one of my ways to minimize giving back gains after a good win...Any thoughts?

And so the retracement begins...

I closed the buy orders late night just before going to bed with +300 because that was a retracement trade of a down trend. I missed some more pips. However I have just entered short in a M5 chart.

FxOptimu$

Highly repentant M15 Core 5 basket... But, is it sincere??? We'll see.......

Pretty fast. The basket moved down swiftly. Sell signal yet to come in M15. The market crossed the daily pivot but will test around the pivot for some time before resuming with down trend.

FxOptimu$

The 14 pair HAS signal shows all pairs up in M15 while all pairs show down (except EURGBP) in M5 above. The sell entry was bit early in M5 taken with risk of losing about 200 points if it continued with uptrend. Still uptrend is possible as there is no sell signal in M15. It appears that the sell signal can be expected in M15 after two more candles. As expected the market is testing around the Pivot as I type this.

FxOptimu$

Sell signal confirmation just appeared in M15. Also 38.2 fibo level touched and coming down from there. Down trend will be confirmed If the basket comes down from here. If moves up and buy signal appears again in M15 then it is may be a Whipsaw price action today. Lets watch which way the basket moves from here.

FxOptimu$

Yes it is moving down towards pivot. Sell signal by HAS in m15 has become stronger. Can any one help me with parameter settings for any trade management ea that are being used in this thread for my requirement below

" BE should be activated as soon as the basket touches +200 with out any trailing"

I would like to receive support from those who are successfully using it in their manual trading (sufficiently forward tested to deploy in live account)

FxOptimu$

Nikkei opens around 12.00 GMT. Depending on the movement of Nikkei the basket moves up or down along with Nikkei. This I have been observing for many days. Nikkei has direct impact on all the JPY pairs, which in turn influences the basket to move. The best time to watch the basket and to make entry/exit is during the start of the Asia session. Every day I get up at 5.00 am to catch up with Nikkei at 5.30 am. Around the same time statements are being released and talks go on in Japanese parliament sessions and also fundamental news are released. This is very useful for the rest of the day.

The basket is still testing around the pivot. It is looking for direction. It could be either way from Pivot. My sell orders are oscillating around +400. The 14 pair HAS signal shows red in more pairs. Some time back I reported all of them where in blue. This confirms the basket may go down. Just it is waiting for something.

You can catch up with the nikkei here "http://www.investing.com/indices/japan-ni225-chart"

FxOptimu$

Nikkei drops. Basket drops. Profit increased from +140 to +250.

FxOptimu$

Nikkei falls further. Basket drops further to make my trades clock +350.

FxOptimu$

Multiple Buys as price straddles Kumo... Multiple losses. Shouldn't be Buying with MAs crossed down. Perhaps, Buy only when price>Kumo, and Kijun-sen, and when MAs are crossed up... Also, probably best if reentries only taken on break of Price Channel...

Now watching EA with !TLE_HAS_KOS TLE in place... Let's see...

Have placed a Sell Stop at 25 pips below low of 25 pd. Price Channel... Let's see

Exited the sell orders with +300 as I find the basket is returning back to the pivot to test again. Also there are no market movers to day. I will wait for another entry on clear direction during the day.

FxOptimu$

I know am not suppose to let a winner become a loser BUT I will hang onto my SELL basket until the medium news around the corner. Zoomed into my M5 offline and watching it like a hawk!

While we await the medium-news market movement, does anyone else wonder HOW this amazing FREE thread is categorized under "commercial content"!? I know am like rehearshing this particular topic BUT haba...it's unfair ain't it?

Guys are bagging THOUSANDS of pips DAILY via the use of the FREE info contained herein - info which A LOT of folk out there would have benefited from and somehow we are termed "commercial"...reeks of MAJOR BEEFING if you ask me!

Well, just thought I'd vent a little while waiting. Sigh!

Thanx GVC !
Could i open 3 offline charts and place them 3 different T101 basket traders ? First with TLE HAS, second with TLE ICHI and third TLE IXOAH ? I tried it, but only ICHI opened trades.... Will this control stop loss for each of them and close right trades after oposite signal ? I would like to test them at once :-D

As expected the basket simply refused to move in any direction leaving the pivot despite some news releases from EU. The basket responds to changes in JPY and USD. All other currencies have less impact. May be later today there might be some movement in the US session. It has been a good week with +2700 points. At last I could able to go along with the price action. Great trading days ahead with the Basket Trading System. Many thanks to Kos and all others who have contributed here.

Good Luck to all.

FxOptimu$