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Still Basketting

  • #4,801
  • Jun 28, 2013 5:48am Jun 28, 2013 5:48am
I am in on BBands
Attached Image (click to enlarge)
Click to Enlarge Name: 14 long.jpg Size: 88 KB
  • #4,802
  • Jun 28, 2013 7:20am Jun 28, 2013 7:20am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting tnavi
do u need 2k euros to open a mt4 real account with FXCM broker or only 50 ? im confused
Depends on the account you open, Tradestations, standard MT4, Micro, mini and so on

go to FXCM.com and open up there online chat - you'll get all the answers you need
  • #4,803
  • Edited 9:44am Jun 28, 2013 9:30am | Edited 9:44am
Quoting sharemaster2
{quote} Just update really, I am still in my trade still in the 200 plus pip area. It did reverse back all the way to - 20 pips briefly but since PA was still within the RANG CHANNEL I drew by hand, I held it there, also kept looking at the g/j pair to see the overall trend and it is in the south area. Will hold on to this trade till I hit my 400 pips which may happen overnight in asia session or about. I also note that if you have pairs that are deep in the negative in your basket, it is best to close them off or reverse them. It tends to speed...
More updates for the newbies here if any, I missed the breakout early this morning on the 15 min 14 pair but then took the reracement of that move.

I explain, the Kos 14 pairs corrolates with GB/JPY pair strongly so I mornitored the GBP/JPY pair on both 1 hour and 15 TF and remianed in the trade as GBP/JPY was strongly diverging with my TDI and KG MACD as you can see. This was also being reflected in the 14 KOS pair so for that, I remined in the retracement trade coming back down. Attached are both the GBP/JPY pair and the Kos 14 pairs snapshorts. That move I missed early this morning has completely done a u turn and given me another 300 pips. I am out for this week with just over 900 pips for the week. Point is, this can be done but I have to say, lots of screen time though. For the newbies again, know your support and resistance on the single pair gbp/jpy chart and watch it on the Kos 14 pair and TRADE it. All still on Demo but learning more and more on this method, I traded single pairs for years but this basket simply gives you pips if you wait, study and observe the gbp/jpy pair from 15 min - 4 hour TF. Study the ranges, draw your channels and trade them from one end to the other on lower time frame and see pips coming to you. I will give it another week or two and then go live. Over and out and thanks to Kos and the big guys here.

Have a nice weekend all. Screen short 1 is GBP/JPY pair and Screen short 2 is Kos 14 Pair both are 15 TF see the corrolation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Divergence..PNG Size: 25 KB
Click to Enlarge Name: Divergence1..PNG Size: 20 KB
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  • #4,804
  • Jun 28, 2013 4:37pm Jun 28, 2013 4:37pm
thanks MPP...

FXCM only accept 2000 eur/usd... to open a mt4 account.

i want to open a smaller account to operate with mt4. I have another bigger account with dukas.

now i have opened with alpari.

their software works fine?

somebody works in real with theirs?

thanks in advance and good weekend.
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,805
  • Jun 29, 2013 5:47am Jun 29, 2013 5:47am
Hi Tnavi
I work with "alpari", since 2007, there were no problems.
Great company, the third in the world by turnover in the forex market.
  • #4,806
  • Jun 29, 2013 10:50pm Jun 29, 2013 10:50pm
thanks for the reply 01mars.



i will try with them
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,807
  • Jun 30, 2013 9:13am Jun 30, 2013 9:13am
Quoting Kosomolate
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
Hi Kos

Thanks for the mtfstoch with cci. It is amazing to see all the changes in direction of the price action. Also this gives early entry opportunity. I spent some time in teading about this mtfstoch this week end. After the entry if the stoch goes beyond 20 or 80, then the trades can be followed through in mtfstoch of the next time frame M30. There again if the trades go beyond then we can switch over to the next time frame H1. Similarly to H4. The basket can be followed till the trend reverses probably in H4. The rule is that once you switch over to the higher time frame you should not fall back to the lower time frame again to monitor the trades as there will be pull backs seen there.

I have also found an mtfstoch alert indi. You will find lot too many signals as it gives signals every time the red line touches the blue line. Also immediately after deploying the indi there will be lot of arrows appearing. Edit the indi once to retain the arrows required for the trade entry.

FxOptimu$
Attached File(s)
File Type: mq4 MTF_Stochastic_Alert_v.2.mq4   8 KB | 372 downloads
  • #4,808
  • Jul 1, 2013 11:04am Jul 1, 2013 11:04am
Anybody in this pretty long? I'm in since 2 am my time, thanks to EA. Up 700 points at the moment.
  • #4,809
  • Jul 1, 2013 12:24pm Jul 1, 2013 12:24pm
im not!

i had lost this pretty entry because i was sleeping and the EA has desactivated.



i dont start very good the week...

im bored!!!!
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,810
  • Jul 1, 2013 3:14pm Jul 1, 2013 3:14pm
Quoting peterwest
Anybody in this pretty long? I'm in since 2 am my time, thanks to EA. Up 700 points at the moment.
I took my share of the LONG

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,811
  • Edited 7:16pm Jul 1, 2013 3:58pm | Edited 7:16pm
Hi basket traders, I posted this several days ago, but pulled it when I had second thoughts... Afraid this may be a distraction. Kos, let me know, and I will pull this post... Pippo........... 2 pair basket Eur/Aud, and Gbp/Aud. I modified Basket ind. to track these pairs... Hope George will check that it is doing so... Prepared for egg on my face if I have made a mistake... Looks very promising over recent past, but has not always been such a fine performer. Just some food for thought.....
Attached Image (click to enlarge)
Click to Enlarge Name: 2aussiebasketh4.gif Size: 29 KB
Attached File(s)
File Type: tpl repainttesthas29212h42aussies.tpl   12 KB | 303 downloads
File Type: ex4 Basketv8.ex4   11 KB | 315 downloads
File Type: mq4 Basketv8.mq4   10 KB | 406 downloads
File Type: ex4 ChandelierStops_v1_YoYo.ex4   4 KB | 260 downloads
File Type: mq4 ChandelierStops_v1_YoYo.mq4   3 KB | 315 downloads
File Type: ex4 PriceChannel.ex4   2 KB | 243 downloads
File Type: mq4 PriceChannel.mq4   2 KB | 312 downloads
Vincit qui se vincit.
  • #4,812
  • Jul 1, 2013 4:22pm Jul 1, 2013 4:22pm
Quoting peterwest
Anybody in this pretty long? I'm in since 2 am my time, thanks to EA. Up 700 points at the moment.
Yes me too, but in C5, C5 only offered 450 points, eager to switch to KOS14. today repaired whole my last week's mismatch. eisebatti
  • #4,813
  • Jul 2, 2013 3:27am Jul 2, 2013 3:27am
Quoting tnavi
thanks for the reply 01mars. i will try with them
MTF_Ichimoku
This indicator can be useful
Attached File(s)
File Type: mq4 VininI_MTF_Ichimoku.mq4   5 KB | 298 downloads
  • #4,814
  • Jul 2, 2013 3:37am Jul 2, 2013 3:37am
idont undertand u mars...what this?
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,815
  • Jul 2, 2013 4:07am Jul 2, 2013 4:07am
Quoting tnavi
idont undertand u mars...what this?
MTF_Ichimoku TF15 on the chart m5
Attached Image (click to enlarge)
Click to Enlarge Name: MTF_Ichimoku TF15 on the chart m5.JPG Size: 215 KB
  • #4,816
  • Jul 2, 2013 4:12am Jul 2, 2013 4:12am
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #4,817
  • Jul 2, 2013 4:20am Jul 2, 2013 4:20am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
watch your platforms peeps, there's been an MT4 update to build 507 and it's creating havok with indicators etc, build 509 has been released to fix the issue.
  • #4,818
  • Jul 2, 2013 7:16am Jul 2, 2013 7:16am
Quoting tnavi
If you use MTF ichi, then you might have more fake entries, because of the M5 EMA2. I'd stick to M15
  • #4,819
  • Jul 2, 2013 8:41am Jul 2, 2013 8:41am
Crazy USD buyers. Started buying USD all of a sudden without any valid reason. (May be some reason I coud not find anything). In the process bringing down the basket from a comfortable position of +250 points spoiling the party. The Basket is shaking and oscillating between +100 and +200 in quick succession several times during the past one hour. Except AUD, NZD & CHF all other JPY pairs pushing through the roof. The advantage in the Basket is that you don't get panic when ever such big time move happens. The basket balances among the pairs. We have seen this during FOMC minutes last month. However, this happens only in the case of USD becoming strong or weak. WHen the JPY becomes weak or strong the JPY pairs are ruthless like tsunami taking the basket on one direction on its own. Most of the USD pairs show some resistance for some time and finally give in to the pressure of JPY pairs. I have observed this several times before and reported. I hope the market will settle down soon to resume going down. I don't know I will hold on to it or close at BE.

FxOptimu$
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 164 KB
  • #4,820
  • Jul 2, 2013 10:17am Jul 2, 2013 10:17am
Quoting Fx-optimus
Crazy USD buyers. Started buying USD all of a sudden without any valid reason. (May be some reason I coud not find anything). In the process bringing down the basket from a comfortable position of +250 points spoiling the party. The Basket is shaking and oscillating between +100 and +200 in quick succession several times during the past one hour. Except AUD, NZD & CHF all other JPY pairs pushing through the roof. The advantage in the Basket is that you don't get panic when ever such big time move happens. The basket balances among the pairs. We...
Hi FX optimus,

Just a quick question, I note on your chart you are trading some pairs on the opposite direction. How do you pick the pairs to trade opposite. It is from before you enter the basket trade or while you are already in a trade. What of just closing them out from the basket trade? Confirm please thanks.
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