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Still Basketting

  • #4,741
  • Jun 25, 2013 1:41am Jun 25, 2013 1:41am
The market is still oscillating in the channel. There is nothing seem to move the market in a trend.

FxOptimu$
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  • #4,742
  • Jun 25, 2013 1:48am Jun 25, 2013 1:48am
Dont think about so much, optimus.

Sometimes this is not good.

Just buy or sell.

The good thing of this method is this...

Regards!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,743
  • Jun 25, 2013 2:13am Jun 25, 2013 2:13am
Quoting tnavi
Dont think about so much, optimus. Sometimes this is not good. Just buy or sell. The good thing of this method is this... Regards!
You are right Tnavi. But this is too many whipsaw. Small losses adds up to more.

@Kos, how about sharing that buy/sell arrow indicator that you had used sometime ago to trade the whipsaw price action getting you about 2000 points. I never wanted to ask this because I know you will at appropriate time. But for now the market has been testing our patience too long.

FxOptimu$
  • #4,744
  • Jun 25, 2013 2:39am Jun 25, 2013 2:39am
Quoting Fx-optimus
The market is still oscillating in the channel. There is nothing seem to move the market in a trend. FxOptimu$ {image}
@fx optimus

Friend, the hard part is to know what exactly is price doing and you have solved that

some don't even have a hint of what is happening
but thank God you know that its oscillating in a channel
then oscillate with it, bro.

drop down to M15 TF adjust your HAS to fit the channel and
trade away. I have been snipping several 300 pips & BEs & small losses
since H1 became too tight and I believe any one in M5 will snipe more.
what is ranging in H1 is trending in M5 and maybe clearer and bigger range in M15

The only basket trader that is sitting cool now is anyone trading HAS on H4
if am not mistaking that would be MPP and one other guy, can't remember his name.

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,745
  • Jun 25, 2013 3:18am Jun 25, 2013 3:18am
put CCI period 14
level 200, 100, 0, -100, -200

price does not stay too long outside level 200

OR AND

go and get #MTF Stochastic v2.1 now
place it on M15 offline and set the stochastic to 60min it is an MTF
and trade the cross.
I have modified a copy of my EA for it since Wednesday to help me deal with myself.

anytime basket refuses to go anywhere bring out this template and
and switch your trading cap to snipping mode and swing up and down with it.

When birds learn to fly without perching then the hunter must learn how to shoot without missing.
its an African saying, and that is what am doing.

HAS still remains my main system.


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,746
  • Jun 25, 2013 3:26am Jun 25, 2013 3:26am
compare those entries with HAS arrows and let me know what you think

I am the one painting the arrows but if anyone knows how to write indicators and would help us fuse them
together as one and to paint the arrows then that would be great snipping tools for all of us
I am a coder but I don't understand the hows of indicators.

I like the STOCH cross to be above or below CCI 200 or -200 levels to make it valid one.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,747
  • Jun 25, 2013 3:32am Jun 25, 2013 3:32am
put stoch H4 on H1 offline chart and you will see that the last valid trade was on the 13th of june
that is very good no trade no loss.

its clearly forcing you to stay out of a whipshaw market condition.
because no cross above or below cci 200 levels

@fx_optimus.
do it let me have your opinion on that.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,748
  • Jun 25, 2013 3:33am Jun 25, 2013 3:33am
Quoting Kosomolate
{quote} @fx optimus Friend, the hard part is to know what exactly is price doing and you have solved that some don't even have a hint of what is happening but thank God you know that its oscillating in... kos {image}
I agree Kos. But I can not afford to enter too many times as my broker punishes me with 64 pips spread for all the 14 pairs. I just keep my entries limited with at least 500 pips profit. Present market condition may not give it to me for free. I am just focusing to shoot it right instead of keep on shooting with some hit and some miss. As you said I should try the basket in H4, which tome frame I am comfortable trading individual pairs.

Thanks for sharing the indi info. Let me try this out keeping my take profit lower to 200/300 pips.

FxOptimu$
  • #4,749
  • Edited 3:54am Jun 25, 2013 3:36am | Edited 3:54am
instead of closing at opposite cross you can decide to exit when cci touches opposite side
but that will cut your profit very very very short.

am about closing the buy @ 200 pips now, I have to go out now.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,750
  • Jun 25, 2013 3:49am Jun 25, 2013 3:49am
Quoting Fx-optimus
{quote} I agree Kos. But I can not afford to enter too many times as my broker punishes me with 64 pips spread for all the 14 pairs. I just keep my entries limited with at least 500 pips profit. Present market condition may not give it to me for free. I am just focusing to shoot it right instead of keep on shooting with some hit and some miss. As you said I should try the basket in H4, which tome frame I am comfortable trading individual pairs. Thanks for sharing the indi info. Let me try this out keeping my take profit lower to 200/300 pips. FxOptimu$...
the truth is that it is not an easy task trading M15, whether auto or manual, it is nerve racking, its heart pumping etc etc
H4 is by far better

you can do C5 the spread is 23 pips.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,751
  • Jun 25, 2013 4:10am Jun 25, 2013 4:10am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Hi Kos
4h and daily are the tf's of choice

sent you a PM to email me, would like to send you some Indi's to review, but don't want to clutter the thread until you've had a chance to look at them.
QQE
BTS entry indicator
Momentum
  • #4,752
  • Jun 25, 2013 4:16am Jun 25, 2013 4:16am
Quoting Kosomolate
{quote} I don't see the semblance between the 2, It would be nice if you can shed more light on how they paint same thing I mean xo and renko thanks kos
This picture should explain - if renko settings the same - the XO has similar patterns, looking at the XO code is measures "point moves" like renko
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  • #4,753
  • Jun 25, 2013 4:25am Jun 25, 2013 4:25am
Quoting Kosomolate
put CCI period 14 level 200, 100, 0, -100, -200 price does not stay too long outside level 200 OR AND go and get #MTF Stochastic v2.1 now place it on M15 offline and set the stochastic to 60min it is an MTF and trade the cross. I have modified a copy of my EA for it since Wednesday to help me deal with myself. anytime basket refuses to go anywhere bring out this template and and switch your trading cap to snipping mode and swing up and down with it. When birds learn to fly without perching then the hunter must learn how to shoot without missing....
@Hi Kos,

what settings have you on # MTF Stochastic KPeriod, DPeriod, Slowing?

Thank you
  • #4,754
  • Jun 25, 2013 4:56am Jun 25, 2013 4:56am
Quoting kinca
{quote} @Hi Kos, what settings have you on # MTF Stochastic KPeriod, DPeriod, Slowing? Thank you
11.3.3
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,755
  • Jun 25, 2013 5:05am Jun 25, 2013 5:05am
Quoting MPP
Hi Kos 4h and daily are the tf's of choice sent you a PM to email me, would like to send you some Indi's to review, but don't want to clutter the thread until you've had a chance to look at them. QQE BTS entry indicator Momentum
I replied your mail instantly and I've been expecting from your side since then.

I too may finally move up to H4 basket by July second half of the year.
and pick my reentries from H1


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,756
  • Jun 25, 2013 5:27am Jun 25, 2013 5:27am
Your SLs and BEs must be huge trading on H4. How big are they?
  • #4,757
  • Jun 25, 2013 5:42am Jun 25, 2013 5:42am
This is still ranging market, how long it will take ?! Two weeks are at loss....
  • #4,758
  • Jun 25, 2013 5:49am Jun 25, 2013 5:49am
Quoting peterwest
Your SLs and BEs must be huge trading on H4. How big are they?
with an account of 1000 USD
am prepared to loose 100 USD 0.01 lotsize of course


what!! that is 10% of the account,

yes I know, but the question now is how many times does this get hit before HAS changes and I get a +6k move?
my BE is taken very strictly and no play with re-entries

is it possible that I get 10 SL hits at a string?

YES, but am still waiting for it to happen cos for me to loose the account down to zero I need to hit 10 stop-losses
this is how I handle my fears


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,759
  • Jun 25, 2013 5:51am Jun 25, 2013 5:51am
Quoting peterwest
Your SLs and BEs must be huge trading on H4. How big are they?
I agree with peterwest. Theoretically we can make profit with some indicators, but DD are huge especially on H4 or D1. How you gonna manage risk?

Regards,
Karl
  • #4,760
  • Jun 25, 2013 5:52am Jun 25, 2013 5:52am
Quoting Roje
This is still ranging market, how long it will take ?! Two weeks are at loss....
take a break, till the condition you know how to handle returns
its not a must to place trade all the time.


kos
John 3:16 - From THIS love no power on earth can me sever.
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