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Still Basketting

  • #6,441
  • Dec 6, 2013 6:53am Dec 6, 2013 6:53am
Quoting NewInFx
Hi KOS, I tried several times to understand why my XO-Signal differs with you. Would you please kind enough to help me Sir? Thanks for your all efforts. Regards. {image}
hi newinfx!

read and try harder, you will see why.


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,442
  • Dec 6, 2013 8:04am Dec 6, 2013 8:04am
Quoting Kosomolate
{quote} ty! wise decision man, a bird in hand they say worths more... SHORT closed too, wait for NFP to finish before taking position, who knows we may get better entry price by then kos
Brother kos I need to say two things:

#1. The wafi version of the proverb above goes thus: "A bird in hand is the ONLY bird!"

#2. Guess what!? I left my MT4 open and the guy actually took TWOOOO (2)!!!! BUY trades! So now I have a dilemma: Should I quit now...or wait for IXO for a reason to do so as usual?

Regards,

Ty
My job: I speculate and manage risk.
  • #6,443
  • Dec 6, 2013 8:07am Dec 6, 2013 8:07am
Quoting TyLamai
{quote} Brother kos I need to say two things: #1. The wafi version of the proverb above goes thus: "A bird in hand is the ONLY bird!" #2. Guess what!? I left my MT4 open and the guy actually took TWOOOO (2)!!!! BUY trades! So now I have a dilemma: Should I quit now...or wait for IXO for a reason to do so as usual? Regards, Ty
Quote
So now I have a dilemma: Should I quit now...or wait for IXO for a reason to do so as usual?

ESPECIALLY considering that NFP has passed.....? Na wa.
My job: I speculate and manage risk.
  • #6,444
  • Dec 6, 2013 9:26am Dec 6, 2013 9:26am
1m 14 basket check out the pin bar bounce off DP and WP
closed for +500 pips!

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  • #6,445
  • Dec 7, 2013 1:32am Dec 7, 2013 1:32am
Optimized xo settings revisited

looking at ATR on a higher timeframe reveals good settings

eg look at daily timeframe ATR so H4 timeframe should be 1187 box size

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  • #6,446
  • Dec 9, 2013 12:43pm Dec 9, 2013 12:43pm
today trade +150 pips 14 pair basket 1 min timeframe - using pivots and mas for entry
entry and exit on trade explorer

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  • #6,447
  • Dec 9, 2013 12:52pm Dec 9, 2013 12:52pm
Quoting manuel_fx
today trade +150 pips 14 pair basket 1 min timeframe - using pivots and mas for entry entry and exit on trade explorer {image}
I've been LONG "mistakenly" since Friday after NFP. Still holding it since there yet is no reason to close the 2 open baskets.

Ty
My job: I speculate and manage risk.
  • #6,448
  • Dec 9, 2013 11:49pm Dec 9, 2013 11:49pm
Quoting Kosomolate
{quote} Yes it is totally different, I can see that. The reason may be broker feeds difference, I use alpari UK what is your broker? and the H4 bar-close may be different too.
But if you feel my setting may be better that what you have there, then this may help you get the same thing with my 1060 keep increasing the number till you arrive at almost the same ixoah count as mine. EG 1061, 1062, 1063 e.t.c at a point you will get the same count as mine. That is big work anyway but try it. kos
Hi Kos, went from block size 600 upto 1500 in 20 steps and could not get either basket chart or i-xo-a-h to look like yours.... Previous screenshot was taken from AXI demo, GMT +2 server

Then I got a Alpari UK demo and used scripted to download history for all currencies concerned. Then did the same thing and again could not match your chart.... Attached screenshot of Alpari Uk demo, i-xo-a-h set to 1060, have circled the areas that are significantly different - no block setting I could find would generate your progression of i-xo-a-h....

For the record, I am not complaining just trying to figure out why each and every progression looks different, even on same broker....

Anybody else here that trades with Alpari UK 14 pairs on H4 - kindly post your screenshot for comparison...

Cheers / Mop
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  • #6,449
  • Dec 10, 2013 7:56am Dec 10, 2013 7:56am
Hey folks, i'm from Brazil and my english is very poor... sorry about that!!
But, here we have 323 pages about this method...
Exist a manual or something like this?
Manual + explanation + templates + indicators = Basket.rar?
Or will i need read all pages?

Thanks a lot!!!
  • #6,450
  • Dec 10, 2013 8:19am Dec 10, 2013 8:19am
C5 Basket
====================
M15 Chart: Price breaks below Ichi Clouds (Tnavi SELL trigger in the house)
H4 Chart: IXO SELL signal in effect (Basket #1 opened)
H1 Chart: IXO SELL signal STILL forming (potential pending trade...)

*Note: Expecting price on the H4 to travel back down to HAS.

Trade easy and enjoy.

Regards,
'
Ty
My job: I speculate and manage risk.
  • #6,451
  • Dec 10, 2013 10:03am Dec 10, 2013 10:03am
Quoting TyLamai
C5 Basket ==================== M15 Chart: Price breaks below Ichi Clouds (Tnavi SELL trigger in the house) H4 Chart: IXO SELL signal in effect (Basket #1 opened) H1 Chart: IXO SELL signal STILL forming (potential pending trade...) *Note: Expecting price on the H4 to travel back down to HAS. Trade easy and enjoy. Regards, ' Ty
Hi Bro,

I can see you love those pips and are chasing them hard, fast and good. Like your style.

So you are trading with two methods, Tnavi's cloud systerm and sellers systerm too? What works is what matters.

I was looking at the Ichi cloud on the 1H chat just for the JPY pairs and seems there are lots of good run if you pull up the chat with the Ichi on it.

Check it out and tell me what you think. That Ichi Cloud is a good systerm but you just have to wait for PA to do it's thing while you do other things that matter to you.

I think Ichi on 15 min gives too much fake out hence why Tnavi left it for something else but check it on 1hour and look at how less you get fake out of PA coming out of the clouds.

It is a syserm I want go live with from new year, on the JPY and may be the core 5 Pairs.

Just a thought

All the best.
Born to rule my Economic World and Make a Difference!
  • #6,452
  • Dec 10, 2013 12:55pm Dec 10, 2013 12:55pm
Quoting sharemaster2
{quote} Hi Bro, I can see you love those pips and are chasing them hard, fast and good. Like your style. So you are trading with two methods, Tnavi's cloud systerm and sellers systerm too? What works is what matters. I was looking at the Ichi cloud on the 1H chat just for the JPY pairs and seems there are lots of good run if you pull up the chat with the Ichi on it. Check it out and tell me what you think. That Ichi Cloud is a good systerm but you just have to wait for PA to do it's thing while you do other things that matter to you. I think Ichi...
My Brother,

I don't use the M15 chart to trade o but I noticed something while observing it:

Most times, by the time price has left the Ichi cloud (Buy OR Sell) on the M15 offline chart:
- the IXO on the H4 and sometimes the H1 would have indicated a Buy/Sell too...

So what I TRY to use the M15 for is a sort of "early warning signal" indicator BUT I don't enter UNTIL I receive confirmation of the said signal from my H4 IXO and/or my H1 IXO.

Now, like Nisha, I open MULTIPLE baskets using 3 charts: D1, H4 & H1. Today for example, I have an open H4 basket but no signal YET for me on the H1 (it may form or not - can't say). If it forms, I will open ANOTHER basket based on the H1 IXO signal.

I hope I am making some kind of sense here sir?

IF in the process of all of the above happening my D1 IXO decides to show a SELL signal, I will open my 3rd basket and ride it.

Now: EXITS....

I try to ALSO use the M15 Ichi cloud for my exits because it also like an "early warning signal". Once I have a basket open, I watch my M15 chart. Once price enters the Ichi cloud and comes out in the OPPOSITE direction, I exit!

IF the exit was premature, I will wait for the M15 Ichi cloud to indicate a sort of trend continuation.

Somehow am comfortable with this style of trading - It's REALLY a MASHUP off Kos'-Tnavi's-Nisha's styles and me likey!

Regards,

Ty
My job: I speculate and manage risk.
  • #6,453
  • Dec 10, 2013 1:58pm Dec 10, 2013 1:58pm
Quoting TyLamai
{quote} My Brother, I don't use the M15 chart to trade o but I noticed something while observing it: Most times, by the time price has left the Ichi cloud (Buy OR Sell) on the M15 offline chart: - the IXO on the H4 and sometimes the H1 would have indicated a Buy/Sell too... So what I TRY to use the M15 for is a sort of "early warning signal" indicator BUT I don't enter UNTIL I receive confirmation of the said signal from my H4 IXO and/or my H1 IXO. Now, like Nisha, I open MULTIPLE baskets using 3 charts: D1, H4 & H1. Today for example, I have an...
Hi TyLami,

That is the way to do it. Using the 15min TF to observe your entries. The thing with trading is there is a million ways to trade, you just need to look for what works for you, master it and Trade it.

Well done, Once the markets are back from the new year, you will see how good your systerm is. As you have combined all the BTS systerm in one for you.

Well done, I will be keeping in mind using the 15 min too to determine my entries and exits but only when I am on the screens, if not, use the 1hour set and take a look at it remotely twice a day. That should do it.

Keep and Master your systerm my guy, follow your rules very strictly and that is all you need in this market. Rules, Rules and Rules and keeping to your Rules!

All the best Brother you do well o!!!! Abeg make you chopp thier Dollar well well o!!
Born to rule my Economic World and Make a Difference!
  • #6,454
  • Dec 10, 2013 2:00pm Dec 10, 2013 2:00pm
Hi all,
I have a short Q.
Is the offline chart of basket for 14 pairs showing the pip move of the whole basket.
I am chacking the setups, enteries, etc, so I whant to becktest visually, but I am not sure if the chart is showing the basket pip moves.

BR

Sasa
  • #6,455
  • Dec 10, 2013 2:20pm Dec 10, 2013 2:20pm
Quoting sharemaster2
{quote} Hi TyLami, That is the way to do it. Using the 15min TF to observe your entries. The thing with trading is there is a million ways to trade, you just need to look for what works for you, master it and Trade it. Well done, Once the markets are back from the new year, you will see how good your systerm is. As you have combined all the BTS systerm in one for you. Well done, I will be keeping in mind using the 15 min too to determine my entries and exits but only when I am on the screens, if not, use the 1hour set and take a look at it remotely...
No shaking my guy - I plan to finish dem next year by God's Grace bcos I don too too suffer for dem hand o. Thx.

Ty
My job: I speculate and manage risk.
  • #6,456
  • Dec 10, 2013 3:19pm Dec 10, 2013 3:19pm
Quoting juniormaiafx
Hey folks, i'm from Brazil and my english is very poor... sorry about that!! But, here we have 323 pages about this method... Exist a manual or something like this? Manual + explanation + templates + indicators = Basket.rar? Or will i need read all pages? Thanks a lot!!!
There is no easy solution to getting started. There are several systems being described in the thread, perhaps your best approach is to follow the posts of one individual and learn from his posts as to what he is using.

Experimenting with the various indicators will demonstrate what seems best for you personally.

Keep your application simple, you will become confused if you attempt to absorb everything in the thread.

You might read the T101 thread and the T101 indicators thread and see the evolution of this type of trading.
  • #6,457
  • Dec 10, 2013 3:31pm Dec 10, 2013 3:31pm
Quoting sasavisnic67
Hi all, I have a short Q. Is the offline chart of basket for 14 pairs showing the pip move of the whole basket. I am chacking the setups, enteries, etc, so I whant to becktest visually, but I am not sure if the chart is showing the basket pip moves. BR Sasa
Hi Buddy,

The offline chat candles are a combination of all the movement of the pairs in one. So the movement of pips are sort of quick and fast as it is all the pairs in the basket moving together. Look at the candles. I single candle represents the 14 pairs rolles in to one clean candle as opposed to having 14 different candles for for 14 pairs. Hope it makes sence, if not, babypips backons as you need to understand this to make it with this systerm.

All the best. Keep demoing for now it will get clearer.
Born to rule my Economic World and Make a Difference!
  • #6,458
  • Dec 11, 2013 12:10am Dec 11, 2013 12:10am
C5 Basketting Update
=======================
The much awaited H1 IXO signal occurred overnight - thanks to t101 I didn't miss it.

H4: SELL Basket #1 still open
H1: SELL Basket #2 now open too

Exit
--------
On my M15 chart I have drawn a trendline downwards. The idea is to watch price and my IXOs on the M15. Once trendbreak and IXO reversal occurs, am out!

Trade easy folks,

Ty
My job: I speculate and manage risk.
  • #6,459
  • Dec 11, 2013 1:51am Dec 11, 2013 1:51am
I closed my short here on 14 pair basket as weekend gap has now closed

+300 pips closed see trade explorer
  • #6,460
  • Dec 11, 2013 2:00am Dec 11, 2013 2:00am
Quoting manuel_fx
I closed my short here on 14 pair basket as weekend gap has now closed +300 pips closed see trade explorer
am still on it, the SHORT, till something tells me to close it.
the xo signal arrorws are 7RED & 7GREEN and I think more of them would still turn

400+ pips, BE already, & the rest from here is REST

trade well everyone


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