Still Basketting

Good to hear that


kos

Brendon

I see determination to succeed in that sentence.
Just keep your eyes and your mind open
drop fear and over-analysis and you are there in no time

kos

why wait for the market to come to you when you can just go with the market....trading with the trend rocks...

Kos,

Yes, I am determined to get consistantly profitable! I have no choice. Thanks for the advice. I agree totally with you with regards to fear and over-analysis. It can cost you big-time!

From now on I'll let the charts tell me which direction it wants to go.

Regards

Brendon

+1200 points

@@

I am up by 1450 points at the moment.
It is very difficult for me to enter trades as I work 9-5 UK time, and I am resisting entering into a trade willy-nilly.
This time I could get into the trade right after the weekly opening.

Hello, just wanted to stop by and say hi =)
Wow you guys r doing great. I just finished reading T101 original threads and it helps a lot! Since i started learning basket trading... I have ignored my thesis . But however on my FxPrimus i opened 14 pair yesterday night 00.07 (GMT +2) and around i just closed the basket 18.00 (GMT +2). However i could collect around 700 pips. I wonder how it was possible for you guys to get 1450 pips?:O Double of mine...

Did you guys have trade open since last week or something? Anyway my goal is to have 20% raise in my capital everyday and i try to double the account every week so my pip goal is 1500/wk.

It is still in testing phase. The system is combination of all kind of basket indicators i could find on FF and now i am using the best of them to make my own system =)

It seems to be working rather well. Started it yesterday with 144$ (demo) and today it is 215$ , but 144$ represents what i have left on my real account after trading 2,5 year with 800$ xDDD I know everyone has been there...trying to find holy grail EAs and so on. Finally i am now here today and learned that price action is the KING.

Btw, i have an question. For 14 pairs what pairs are used these days? I am using teh universal pair mentioned in T101 thread

PS. My point was not to introduce my system but to let other people know that perseverance pays in long term, so failure will eventually bring success. Price action + basket trading is the best!! Thx a lot GVC, T101, Kos and other people who have contributed to the system, make it the way it is today. =)

BR, Duy

one basket closed for 800 pips, 1230 trade still open. trend is ur friend.

Hi Nisha4x,

I am still on my 925 and 1230 baskets. Don't you wait for the 925 to turn red before exiting?

Regards

Brendon

my 925 targets are 500-600, as i trade them intra day, saw it stalling and took profit, wil reload tomm if setup is there, if not my 1230 will continue

Nisha4x, i'm wondering why did you enterned there? there was no fresh signal.

@Dbsys From what I see, he entered on retrace with 1H candle. This way the DD is lower and the SL is further also compared to as enter right away. Nisha can fix the statement if im wrong, i would enter the way he did but on 5M candle to be more precise

to me there was no clear retrace on hourly chart, price went north all the time. maybe he entered from a lower timeframe? i'm just learning, so maybe i'm missing something.

guys, its a " She " when you refer to me. lol

i was waiting to enter as i had taken a 300 pips loss when taking the short from 925, should have stayed with the trend. so my entry at that time after it pulled back towards the Has. thats all.

sorry nisha4x, i really thought that you're a guy )

Hi Nisha,

Thanks for the reply. Appreciate it and the method.

Cheers

Brendon

my night chart with next level of support and resistance , keep a eye on 15 min Has, price has no closed under it today. the ixoah are 350 and 1230

Nisha4x, Do you mind telling me how did you draw the R and S? I mean based on what?=)

From daily i dont see resistance until 205.4

intra day levels, if closes above 186 then 205 in sight, if not 174 to 176 levels

[highlight=rgba(255, 255, 255, 0)][[/highlight]quote=nisha4x;6954725]my night chart with next level of support and resistance , keep a eye on 15 min Has, price has no closed under it today. the ixoah are 350 and 1230 {image}[/quote]

4H analysis? =) I don't think it can go up to 205 without retracing down to 175, if not further. My analysis is its going to be sell tomorrow and might last until thursday... And then on thursday...Plenty of news coming so no idea how the market will react =)

However if the price stalls around 185 for quite time it is still Long =))

That's just my analysis and prediction, but lets see what the IA and price action says =))