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Still Basketting

  • #4,981
  • Aug 2, 2013 6:47am Aug 2, 2013 6:47am
Quoting Kosomolate
{quote} Hello Larfa! did you take a piece of the LONG? kos
Yes KOS, I did. I entered late, then took fright at the first slight retracement, decided that as it was around 3am here, I would be right till morning to get back in. At about 8.30am AEST I had missed 200+ pips while I slept.
I entered again, but it went nowhere for a few hours, then looked to me when it got down to 151.800 as if it was going to head down again!! So I had messed up again, but I did get 130 pips out it.

I have been back & forth to the hospital a lot lately, my wife has a heart problem. I'm hoping as she gets better, I will get a better go at FX soon & am not going to give up.

I can see that your system definitely works & I see what I should be doing to use it profitably. I have got focus!!!

My problem is me!!

Thanks for your interest.

Larfa
  • #4,982
  • Aug 2, 2013 7:15am Aug 2, 2013 7:15am
Quoting Larfa
{quote} Yes KOS, I did. I entered late, then took fright at the first slight retracement, decided that as it was around 3am here, I would be right till morning to get back in. At about 8.30am AEST I had missed 200+ pips while I slept. I entered again, but it went nowhere for a few hours, then looked to me when it got down to 151.800 as if it was going to head down again!! So I had messed up again, but I did get 130 pips out it. I have been back & forth to the hospital a lot lately, my wife has a heart problem. I'm hoping as she gets better, I will...
Its well with you and your wife, and I pray that affliction would be far away from your family. in Jesus' name!

that's +330 pips, it would get better with time and fright would give way to confidence.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,983
  • Aug 2, 2013 7:20am Aug 2, 2013 7:20am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Larfa
{quote} Yes KOS, I did. I entered late, then took fright at the first slight retracement, decided that as it was around 3am here, I would be right till morning to get back in. At about 8.30am AEST I had missed 200+ pips while I slept. I entered again, but it went nowhere for a few hours, then looked to me when it got down to 151.800 as if it was going to head down again!! So I had messed up again, but I did get 130 pips out it. I have been back & forth to the hospital a lot lately, my wife has a heart problem. I'm hoping as she gets better, I will...

hi Larfa
330pips - many systems would be running around having a party - it's all positive and the confidence will build as you learn to read and trust the charts.

I wish your wife a speedy recovery and hope all will be well soon.

regards

MPP
  • #4,984
  • Aug 2, 2013 7:38am Aug 2, 2013 7:38am
Hi Kos,
just before i was hit stop loss!
i was set stop loss 200pip .
it shortly go down more than 200pip then go back quickly..i never saw such like movement until now.
how about your thought and recommandation?
thanks in advance!
  • #4,985
  • Aug 2, 2013 8:00am Aug 2, 2013 8:00am
kos14 basket is still struggling with the resistance line but core5 has blasted through it. Interesting to see what happens!
  • #4,986
  • Aug 2, 2013 8:05am Aug 2, 2013 8:05am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting james27
Hi Kos, just before i was hit stop loss! i was set stop loss 200pip . it shortly go down more than 200pip then go back quickly..i never saw such like movement until now. how about your thought and recommandation? thanks in advance!
NFP - gotta love the way it moves.....

3 ways to trade the NFP and major news events

1. close out before, re-assess and look for a re-entry trade
2. turn the SL off and review the trade after the news has passed and make a decision based on that
3. let the trade plan you entered with play out

each has it's own risk
1. there is no re-entry and you miss the run
2. turns against you and your feelings don't allow you to close out
3. your Sl gets hit (200pips is small SL for baskets though)

each has it's potential
1. you get to get back into the trade at a better price and resume the the original direction
2. your already in the right directon when it takes off
3. your already in the right direction when it takes off

i'm sure others have many ideas on this, and trust they will provide some feedback too - were all here to learn

regards

MPP
  • #4,987
  • Aug 2, 2013 8:08am Aug 2, 2013 8:08am
KOS,

What are your settings for the H1, H4 and D1 HAS please? Thanks
  • #4,988
  • Aug 2, 2013 8:12am Aug 2, 2013 8:12am
Quoting james27
Hi Kos, just before i was hit stop loss! i was set stop loss 200pip . it shortly go down more than 200pip then go back quickly..i never saw such like movement until now. how about your thought and recommandation? thanks in advance!
your 1st post, you have a long way to go.

If you don't know about NFP then
I will advise you learn the basics first. BTS is not beginner's class.

that's my thought but no recommendations


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,989
  • Aug 2, 2013 8:14am Aug 2, 2013 8:14am
Quoting danjuma
KOS, What are your settings for the H1, H4 and D1 HAS please? Thanks
it has not changed.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,990
  • Aug 2, 2013 8:19am Aug 2, 2013 8:19am
Quoting danjuma
KOS, What are your settings for the H1, H4 and D1 HAS please? Thanks
Looking at his charts on page 248 it seems that H1 is 2,9,2,12 and H4 is 2,15,2,15.
  • #4,991
  • Aug 2, 2013 8:25am Aug 2, 2013 8:25am
Quoting Kosomolate
{quote} Its well with you and your wife, and I pray that affliction would be far away from your family. in Jesus' name! that's +330 pips, it would get better with time and fright would give way to confidence. kos
Thank you sincerely KOS, for your prayers & kind thoughts.

I also appreciate your comments & calm, sincere coaching.

Good Luck

Thanks again

Larfa
  • #4,992
  • Aug 2, 2013 8:27am Aug 2, 2013 8:27am
@MPP

what is the recommendation? you thing we should hold on in case it blasts thru it
or BE and wait for it to turn
or just TP and close shop till monday?

what's your take?

actually the red dotted horizontal line was my target, but I have doubts now.


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #4,993
  • Aug 2, 2013 8:28am Aug 2, 2013 8:28am
Quoting Red1324
{quote} Looking at his charts on page 248 it seems that H1 is 2,9,2,12 and H4 is 2,15,2,15.

you are very correct, how did you know that?


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,994
  • Aug 2, 2013 8:37am Aug 2, 2013 8:37am
Quoting Kosomolate
{quote} you are very correct, how did you know that? kos
I looked at your charts and compared them to my own. Nothing else. I saw the places where your HAS wicks changed colors and tried to emulate the same settings. After a couple of tries I learned how to see HAS settings and was able to pinpoint yours. I see that you don't always like to say your settings so I can delete my post if you like.
  • #4,995
  • Aug 2, 2013 8:51am Aug 2, 2013 8:51am
Quoting Red1324
{quote} Looking at his charts on page 248 it seems that H1 is 2,9,2,12 and H4 is 2,15,2,15.
Sir, you are so kind, many thanks! You wouldn't know what the HAS settings are for D1 (daily). I don't believe this has been mentioned anywhere, and yes I have read the whole thread.
  • #4,996
  • Aug 2, 2013 8:51am Aug 2, 2013 8:51am
Quoting MPP
{quote} hi Larfa 330pips - many systems would be running around having a party - it's all positive and the confidence will build as you learn to read and trust the charts. I wish your wife a speedy recovery and hope all will be well soon. regards MPP
Thank you MPP for comments. I agree with you that many traders on most other systems would have a lot of parties if they could achieve the results that are possible & are being gained with KOS' system. I have lost a lot of the confidence in the ability I used to have & am learning a lot slower than I thought I would. It's not systems fault, it's my focus!!
I keep telling myself to focus, focus!

I have been on FX since March 2010, constantly.

Thank you for your good wishes for my wife' recovery. On August 10th we will have been married 57 yrs. We're gradually wearing down a bit, but have a way to go yet, & I will make it.

Thanks again

Larfa
  • #4,997
  • Aug 2, 2013 8:54am Aug 2, 2013 8:54am
Quoting Red1324
{quote} I looked at your charts and compared them to my own. Nothing else. I saw the places where your HAS wicks changed colors and tried to emulate the same settings. After a couple of tries I learned how to see HAS settings and was able to pinpoint yours. I see that you don't always like to say your settings so I can delete my post if you like.
pssssst.... 2,9,2,12 2,15,2,15 and 2,25,2,25 are no secrets they all are in the thread!!!
  • #4,998
  • Aug 2, 2013 8:56am Aug 2, 2013 8:56am
Quoting Red1324
{quote} I looked at your charts and compared them to my own. Nothing else. I saw the places where your HAS wicks changed colors and tried to emulate the same settings. After a couple of tries I learned how to see HAS settings and was able to pinpoint yours. I see that you don't always like to say your settings so I can delete my post if you like.

that is what I call diligence,
you found the settings out by yourself.

I give indicator settings always, and don't delete your post, nothing is secret here


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,999
  • Aug 2, 2013 8:57am Aug 2, 2013 8:57am
Quoting danjuma
{quote} Sir, you are so kind, many thanks! You wouldn't know what the HAS settings are for D1 (daily). I don't believe this has been mentioned anywhere, and yes I have read the whole thread.
D1 2.15.2.15


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #5,000
  • Aug 2, 2013 9:01am Aug 2, 2013 9:01am
Quoting eisebatti
{quote} pssssst.... 2,9,2,12 2,15,2,15 and 2,25,2,25 are no secrets they all are in the thread!!!
Do you mean 2,55,2,55 for 4H HAS on 1H chart instead of 2,25,2,25?

Didn't know they were in the thread. I'm not done reading yet. I'll be done by today though
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