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Still Basketting

  • #8,681
  • Oct 28, 2015 2:49am Oct 28, 2015 2:49am
Quoting Kosomolate
{quote} Hi momosh, thanks for wishing me good luck, it has worked. How is your short? if its still on you can BE now, and from this point it is now a free trade. It could go +1000s or hit your BE+something$$, but this trade can never end in loss. NB: hope the RED line is intuitive enough. kos {image}
H4 GBPJPY has arrived at that same line, and He is the main driver of this basket, but core-5 daily chart has not gotten there yet.

but the overall is that I have BE+ and the rest is stress free.

L8ta L8ta!

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #8,682
  • Oct 28, 2015 3:09am Oct 28, 2015 3:09am
Quoting Kosomolate
{quote} TY! Bros, which one be commercial member, wetin you de sell or you don sell, wey make dem label you commercial member, 1. if people see that label dem go begin suspect your posts and dey run from you like all this people wey dey sell fake EAs 2. and any thread wey you post dem go carry am go commercial content forum. mail twee make dem rectify the error, if say na error. kos {image}
Bros I email Twee already o. Dis na old news. Personally I no care. Twee talk say I bin be Admin (not at the moment) for site wen dey offer commercial content. Bros I no argue. Anybodi wen wan doubt me can go ahead - e no go change my account balance at all.

Plus: The threads wen I really dey interested in don kukuma already dey commercial section (dis one and PH own) - so it's all good jere.

Regards,

Ty
My job: I speculate and manage risk.
  • #8,683
  • Oct 28, 2015 3:26am Oct 28, 2015 3:26am
Quoting TyLamai
{quote} - e no go change my account balance at all. Regards, Ty
na wetin matter be that jare, left side of the bottom line. PL


kos
John 3:16 - From THIS love no power on earth can me sever.
  • #8,684
  • Oct 28, 2015 3:32am Oct 28, 2015 3:32am
where is this guy that trades USD basket? Omadivi!!

you must be making the kill now with what USD basket is doing, no wonder you've been silent. Hei!!


kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #8,685
  • Oct 28, 2015 4:24am Oct 28, 2015 4:24am
Quoting TyLamai
{quote} Bros I email Twee already o. Dis na old news. Personally I no care. Twee talk say I bin be Admin (not at the moment) for site wen dey offer commercial content. Bros I no argue. Anybodi wen wan doubt me can go ahead - e no go change my account balance at all. Plus: The threads wen I really dey interested in don kukuma already dey commercial section (dis one and PH own) - so it's all good jere. Regards, Ty
Guy,

I fully agree with you, let them play their little Games while you bank your Green Pips.

I salute.

More Green Pips to you.
Born to rule my Economic World and Make a Difference!
  • #8,686
  • Oct 28, 2015 4:39am Oct 28, 2015 4:39am
Quoting sharemaster2
{quote} Guy, I fully agree with you, let them play their little Games while you bank your Green Pips. I salute. More Green Pips to you.
BabaShare!

I remain loyal o. And yes o I agree - na the koko be dat - everything else na smoke.

Enjoy the Greens Sir.

Regards,

Ty
My job: I speculate and manage risk.
  • #8,687
  • Oct 28, 2015 7:09am Oct 28, 2015 7:09am
To all the new basket traders......key is patience.
Attached Image
K.I.S.S.
  • #8,688
  • Oct 28, 2015 8:08am Oct 28, 2015 8:08am
Quoting fmsfx
To all the new basket traders......key is patience. {image}
Very correct fmsfx...but I will ALSO add:

Knowing WHEN to get out - and seek a re-entry (after the madness) on maybe a smaller TF.

Regards,

Ty
My job: I speculate and manage risk.
  • #8,689
  • Edited 12:59pm Oct 28, 2015 8:36am | Edited 12:59pm
Yep, when to get out still stands when trading the B14 or the C5. You can still shoot for 1000 pips with B14 or 500 with C5. Back when I first learned basket trading from the master you could hit the 1000 pips in just a couple days and be done for the week. Today a bit different but it can be done if you have the patience to wait. C5 is the best way for the new basket traders to get a handle on trading this beast. Once you trade the C5 enough times then you can test the full B14. Better yet trade both side by side in demo so you can see the market much better.

PS I'm catching up on the thread after my post and see Kos had a B-Day. Happy belated Birthday Kos.
K.I.S.S.
  • #8,690
  • Oct 28, 2015 1:49pm Oct 28, 2015 1:49pm
Quoting Kosomolate
{quote} Hi momosh, thanks for wishing me good luck, it has worked. How is your short? if its still on you can BE now, and from this point it is now a free trade. It could go +1000s or hit your BE+something$$, but this trade can never end in loss. NB: hope the RED line is intuitive enough. kos {image}
Hi Kos,

I'm still holding the short trade
It was up to 400 pips, but now is around 230.
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Are you using the trend line for take profit, or it's only a point of interest?
Congrats for the one more stress free trade

P.S. FOMC = 500++ pips Time for BE...

Quoting fmsfx
Yep, when to get out still stands when trading the B14 or the C5. You can still shoot for 1000 pips with B14 or 500 with C5. Back when I first learned basket trading from the master you could hit the 1000 pips in just a couple days and be done for the week. Today a bit different but it can be done if you have the patience to wait. C5 is the best way for the new basket traders to get a handle on trading this beast. Once you trade the C5 enough times then you can test the full B14. Better yet trade both side by side in demo so you can see the market...
Hey fmsfx, I used the B14, but after the wild movement of the swiss franc in January this year my broker rose the margin requirement about 10 times, so I moved to C5.
Don't ever let somebody tell you... You can't do something.
  • #8,691
  • Edited 3:21pm Oct 28, 2015 2:51pm | Edited 3:21pm
Quoting momosh
{quote} Hi Kos, I'm still holding the short trade It was up to 400 pips, but now is around 230. {image} Are you using the trend line for take profit, or it's only a point of interest? Congrats for the one more stress free trade P.S. FOMC = 500++ pips Time for BE... {quote}
am still holding it too, only GJ turning back but EJ is doubling up for GJ. And it like my entry was earlier than yours

I will watch how price reacts around that line. GJ H4 has gotten to it and turned back up

kos
Attached Image (click to enlarge)
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John 3:16 - From THIS love no power on earth can me sever.
  • #8,692
  • Oct 28, 2015 3:04pm Oct 28, 2015 3:04pm
Quoting fmsfx
To all the new basket traders......key is patience. {image}
Excellent result...

What was your thought process in deciding when to place the basket?

M.
  • #8,693
  • Oct 28, 2015 3:25pm Oct 28, 2015 3:25pm
Quoting Kosomolate
{quote} am still holding too, only GJ turning back but EJ is doubling up for GJ. I will watch how price would react around that line. GJ H4 has gotten to it and turned back up kos
Understood. We'll see how long will last this short basket.
Thanks and regards.
Don't ever let somebody tell you... You can't do something.
  • #8,694
  • Oct 29, 2015 1:35am Oct 29, 2015 1:35am
I haven't visited this forum for some time but "HAPPY BELATED BIRTHDAY KOS"!! My sincere gratitude for all you've done for us basket trader

P.S - Shorts on both H4 for C5 (+400 pips) & JPY4 (+200 pips) basket since Tuesday
  • #8,695
  • Oct 29, 2015 3:28am Oct 29, 2015 3:28am
everything work but it shows me like this
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  • #8,696
  • Oct 29, 2015 5:34am Oct 29, 2015 5:34am
Quoting supatchara
everything work but it shows me like this {image}
Hi Buddy,

To get you starting, the best thing for you is to really take the time to READ the thread and know which system applies to which thread.

That system you have right now on your SCREEN belongs to another thread. It is important to pay attention to details. No short cuts buddy, take the time and look at the threads and look at the Images and Pictures posted and you will see which Tools belong to which Thread. You really have to do it as in doing that you will learn and understand how they work.

Go to the BASKET EA thread and Spend some time there, if you new to Forex, no disrespect to you, this is not the place to start but if you want to then Reading and Demoing is the Key.

All the best and more Green Pips to you.
Born to rule my Economic World and Make a Difference!
  • #8,697
  • Oct 29, 2015 8:11am Oct 29, 2015 8:11am
it shows me file not found bro I don't know what I have to do I in this market pretty long time can u help me please ?
  • #8,698
  • Oct 29, 2015 9:10am Oct 29, 2015 9:10am
After you pick the currencies you want to use as a basket, are you running the Basket_Create_v3_670et indicator? When you run that indicator, make sure the name you gave the basket is the same one you are using in the settings of the indicator. I can't see the name you should be using because the Alert is blocking it, but whatever that basket name is, should be what you enter into the line called Import_Pair_List_Name on the inputs of the indicator. Whatever you enter into the line called BasketNameToCreate is the offline file that will be created that contains all the pairs as a basket.
  • #8,699
  • Oct 29, 2015 9:27am Oct 29, 2015 9:27am
Thank you very very much I got it Thank you brother
  • #8,700
  • Oct 29, 2015 9:56am Oct 29, 2015 9:56am
Quoting supatchara
it shows me file not found bro I don't know what I have to do I in this market pretty long time can u help me please ?



Hi Buddy, the system and the chart you have on the Screen relates to this thread please click Here this will take you to the thread that uses that tool and people there will be able to help you.

The system we trade here is a different system of Basket Trading and you may not get as much support here for the issue you are having.

All the best and if English is not your first Language, you may need to use Google Translate Click Here and make the Relevant Translation to the Language that you need.

I hope this helps and all the best and have nice Piping Day I hope.

Just a Thought.
Born to rule my Economic World and Make a Difference!
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