Still Basketting | Page 343 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone still trading Mouteki? 45 replies

The EUR/USD Rally-Still Dead? 23 replies

The Euro Rally Is Still Dead-coreCPI/TIC Update 3 replies

USD in Toilet but still buys Chinese Goods!!! 11 replies

Immediate market reaction on news are still the same ? 18 replies

Attachments: Still Basketting
Exit Attachments

Still Basketting

  • #6,841
  • Jan 26, 2014 2:51pm Jan 26, 2014 2:51pm
One wonders IF this downward movement will ever stop?

Ty
My job: I speculate and manage risk.
  • #6,842
  • Jan 26, 2014 3:33pm Jan 26, 2014 3:33pm
Quoting TyLamai
One wonders IF this downward movement will ever stop? Ty

I know, man. My method doesn't really allow me to get into these longs runs. I'm okay with it, and it's still fun to watch from sidelines.
-Travis
  • #6,843
  • Jan 26, 2014 10:01pm Jan 26, 2014 10:01pm
Long entry off of the 1500 XO
-Travis
Attached Image (click to enlarge)
Click to Enlarge Name: 2014-01-27_0001.png Size: 69 KB
  • #6,844
  • Jan 26, 2014 11:52pm Jan 26, 2014 11:52pm
Hello Travis,

A very interesting setup you have there. I'm currently waiting for short opportunities, i expect this retracement, but my chart is very bearish...so no longs just yet....The I-XO- indicator is a very good tool for exits...I like the entries when it matches my cci...

The USD is still weak, so the UJ might fall some more...i believe its final resting place might be 100. it is still a bit dicey...It could reverse here and have another long run upwards....very unlikely though...happy pips to you all..
Attached Image (click to enlarge)
Click to Enlarge Name: koss.PNG Size: 53 KB
It is possible to make large sums trading, small losses, large wins
  • #6,845
  • Jan 27, 2014 12:41am Jan 27, 2014 12:41am
Quoting Bob_Loblaw
Long entry off of the 1500 XO -Travis {image}
Same here. Hoping it at least gets to BE.

Ty
My job: I speculate and manage risk.
  • #6,846
  • Jan 27, 2014 12:47am Jan 27, 2014 12:47am
Quoting Bob_Loblaw
{quote} I know, man. My method doesn't really allow me to get into these longs runs. I'm okay with it, and it's still fun to watch from sidelines. -Travis
It's annoying when those runs occur and we have to watch because we exited at 600...BUT on the flip side, it BETTER to focus on the fairly consistent ROI growth percentage which happens due to the fact that we get those CONSTANT 600's. After all, it's ALL it's all about the money right?

So, here's to the 600's - may we ALWAYS hit 'em!

Regards,

Ty
My job: I speculate and manage risk.
  • #6,847
  • Jan 27, 2014 12:50am Jan 27, 2014 12:50am
Quoting omadivi
Hello Travis, A very interesting setup you have there. I'm currently waiting for short opportunities, i expect this retracement, but my chart is very bearish...so no longs just yet....The I-XO- indicator is a very good tool for exits...I like the entries when it matches my cci... The USD is still weak, so the UJ might fall some more...i believe its final resting place might be 100. it is still a bit dicey...It could reverse here and have another long run upwards....very unlikely though...happy pips to you all.. {image}
I agree that the chart is still bearish - BUT...am hoping that at least the buy "reversal" lasts long enough for something to come out of it.

May the pips be with you too sir!

Ty
My job: I speculate and manage risk.
  • #6,848
  • Jan 27, 2014 2:43am Jan 27, 2014 2:43am
Quoting Bob_Loblaw
Long entry off of the 1500 XO -Travis {image}

Hey Travis, I'm in with you in this long.
I'm gonna test your strategy for all this week. Let's see if T101 BT v2.3. works fine in my platform (Ic MArkets). Anyway, I'm going to fixed a modest TP of 450 pips. And BE at 200 pips. Trying to find the safest way to trade the basket. I think that BE is key, also have a good money management.
I did a fast backtest since last month of july 2013 and it gave an average of 600 pips a week. Only 3 weeks ended in loss.


Thanks everyboy, have a nice week plenty of pips
Toni
  • #6,849
  • Jan 27, 2014 4:53am Jan 27, 2014 4:53am
Hey there,

First basket of the week closed in profit: 450 pips. Closed too early? Yes, it might be, but I'm testing the XO_1500 in H4 with fixed TP of 450 pips. This week I'm sticking to this strategy, following Travis way of trading. BE will be locked at 200 pips.





Nice pips for everyone here.
Toni
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 101 KB
  • #6,850
  • Jan 27, 2014 5:45am Jan 27, 2014 5:45am
Quoting forexdaist
Hey there, First basket of the week closed in profit: 450 pips. Closed too early? Yes, it might be, but I'm testing the XO_1500 in H4 with fixed TP of 450 pips. This week I'm sticking to this strategy, following Travis way of trading. BE will be locked at 200 pips. Nice pips for everyone here. Toni {image}
congrats Toni!

I closed the short @ +2000 pips after the market opened and jumped adding more pips.
the long now is BE, the first trade of the week


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #6,851
  • Jan 27, 2014 7:02am Jan 27, 2014 7:02am
hi all, wondering if someone can help me

i searched many posts here on ff for an answer but nothing yet. i am trying to get the t101 to open a trade using !TLE_IXOAH and cannot get it to do anything. i have the !TLE_IXOAH in the indicators folder and compiled it accordingly. i opened the t101 2.3 on the offline chart and have all the settings set for using tle. i tried attaching the tle to the chart and also not attaching to the chart (gvc said to attach it, every one else says not to attach it)

so far it will not open any trades. also i am wondering about the three settings in the !TLE_IXOAH 'marketread', tlemode' and 'baskettype'. after extensive search here at ff i have found no answers to what theses settings are

i just want to be able to have it open a trade when i am sleeping, everything else is done manually. for example, last night i was anticipating a reversal of the 14 pair basket, had my mt4 with t101 and !TLE_IXOAH set and left running, only to wake up and see it did not take the trade

thanks in advance
  • #6,852
  • Jan 27, 2014 7:07am Jan 27, 2014 7:07am
Quoting TyLamai
{quote} Same here. Hoping it at least gets to BE. Ty

Yeah, I actually wasn't too excited about entering this trade. I was expecting to be down roughly 300-350 when I woke up, but was glad to see BE was hit.

I don't like to analyze or forecast. I just try to mechanically enter and exit and follow the rules to a T. Then I don't second guess anything I do and make mistakes as a result.
  • #6,853
  • Jan 27, 2014 7:11am Jan 27, 2014 7:11am
Quoting TyLamai
{quote} It's annoying when those runs occur and we have to watch because we exited at 600...BUT on the flip side, it BETTER to focus on the fairly consistent ROI growth percentage which happens due to the fact that we get those CONSTANT 600's. After all, it's ALL it's all about the money right? So, here's to the 600's - may we ALWAYS hit 'em! Regards, Ty
Well put, Ty. ROI is exactly what I'm going for. I actually use Nisha's excel spread sheet on compounding so that I can see what my lot size should be relative to my risk. Going for 500 pips a week makes it easy for me to watch those long runs from the sidelines. As long as I've got at least my 500 weekly pips, I'm totally cool with waiting for the next XO switch.

-Travis
  • #6,854
  • Jan 27, 2014 7:14am Jan 27, 2014 7:14am
Quoting forexdaist
{quote} Hey Travis, I'm in with you in this long. I'm gonna test your strategy for all this week. Let's see if T101 BT v2.3. works fine in my platform (Ic MArkets). Anyway, I'm going to fixed a modest TP of 450 pips. And BE at 200 pips. Trying to find the safest way to trade the basket. I think that BE is key, also have a good money management. I did a fast backtest since last month of july 2013 and it gave an average of 600 pips a week. Only 3 weeks ended in loss. Thanks everyboy, have a nice week plenty of pips Toni
Awesome Toni! I like the going for 450. I played around with going for a smaller number around 475-500 TP for each trade. I still might after a couple of weeks of forward-testing to see how many BE trades could have resulted in winners with a smaller TP.
-Travis
  • #6,855
  • Edited 9:10am Jan 27, 2014 8:41am | Edited 9:10am
Ok i am attaching EA and required TLE. I have recompiled them and they work fine. EA will open trade on second green or red IXAO bars. Settings are 1050 and 1500 . If you want to use different settings in TLE then let me know. Just put TLE in indicators folder and EA in experts Tab. Just load EA on H4 offline chart and nothing else. EA will automatically open and close trades. It will exit open trades on IXAO2 trend change. Or else you can manually close baskets whenever you feel like. Its works fine with me.
Quoting grrbear
hi all, wondering if someone can help me i searched many posts here on ff for an answer but nothing yet. i am trying to get the t101 to open a trade using !TLE_IXOAH and cannot get it to do anything. i have the !TLE_IXOAH in the indicators folder and compiled it accordingly. i opened the t101 2.3 on the offline chart and have all the settings set for using tle. i tried attaching the tle to the chart and also not attaching to the chart (gvc said to attach it, every one else says not to attach it) so far it will not open any trades. also i am wondering...
Attached File(s)
File Type: zip XOH4.zip   57 KB | 474 downloads
  • #6,856
  • Jan 27, 2014 9:08am Jan 27, 2014 9:08am
Hello Kosomolate and everybody. First of all i want to thank Kos for this wonderful thread. I have been trading baskets for a long time now but this is the first time i am using IXAOH as trigger for BT. Amazingly results are very encouraging. Thanks and cheers
  • #6,857
  • Jan 27, 2014 9:35am Jan 27, 2014 9:35am
Quoting Bob_Loblaw
{quote} Yeah, I actually wasn't too excited about entering this trade. I was expecting to be down roughly 300-350 when I woke up, but was glad to see BE was hit. I don't like to analyze or forecast. I just try to mechanically enter and exit and follow the rules to a T. Then I don't second guess anything I do and make mistakes as a result.
Yeah we were many who weren't excited - especially after Omadivi's mini-forcast (he has been known to be spot on most times). Anyways we are grateful that it got to BE.

Awaiting the next wave.

Ty
My job: I speculate and manage risk.
  • #6,858
  • Jan 27, 2014 10:10am Jan 27, 2014 10:10am
C14 IXO1500 SELL basket triggered.

Now we await the BE hopefully. Will check back in 4Hrs.

Trade easy,

Ty
My job: I speculate and manage risk.
  • #6,859
  • Jan 27, 2014 10:20am Jan 27, 2014 10:20am
Quoting TyLamai
C14 IXO1500 SELL basket triggered. Now we await the BE hopefully. Will check back in 4Hrs. Trade easy, Ty
i am in too..

http://charts.mql5.com/3/704/kos-14-...-limited-2.png
  • #6,860
  • Jan 27, 2014 1:18pm Jan 27, 2014 1:18pm
Quoting irfanmalik
Ok i am attaching EA and required TLE. I have recompiled them and they work fine. EA will open trade on second green or red IXAO bars. Settings are 1050 and 1500 . If you want to use different settings in TLE then let me know. Just put TLE in indicators folder and EA in experts Tab. Just load EA on H4 offline chart and nothing else. EA will automatically open and close trades. It will exit open trades on IXAO2 trend change. Or else you can manually close baskets whenever you feel like. Its works fine with me. {quote} {file}
many thanks for this! i still cannot get it to work though. i tried different time frames, adjusted the xo settings, tried on a fresh install of mt4, made sure every setting in t101 is correct.....

i tried with a few versions of t101 and a few versions of !TLE and nothing. also made sure i have the expert settings correct in mt4 options(see attachment). i can't believe this is happening after 6 months using t101
Attached Image
2 traders viewing now