Jem's Uber Basket Trading Thread

[hansnl]

Just a view hand picked from the available pairs. ( time stamp 13.22 )
we see you all tomorrow morning...night or evening..

" I like the smell of some nice pips in the morning "

[harry89]

That be +185. Good luck on ur hand-picked bunch. I just put on a few for the night that were still in the extreme trend mode:
AudChf
EurAud
EurNzd
EurCad
GbpCad

Fingers crossed for the AM...
Harry

[spyderman]

I've just got 3 in the bunch
A/F
E/A
G/A

Just waiting for retracement.

[Armen]

In my watch list I have this.

Waiting for Retracement Setup
Buy: AUDCHF(0.6/0.9/0.9); NZDCHF(0.6/0.6/0.9)
Sell: EURAUD(-0.6/-0.9/-0.9); EURNZD(-.06/-0.6/-0.9)

Candidates for sell:
EURCAD(-0.9/-1.1/-0.4); GBPCAD(-0.9/-0.9/-0.2);
GBPAUD(-0.5/-0.6/-0.7); GBPNZD(-0.6/-0.4/-0.7)

In bracket TMA Slope Display values for H1/H4/D1

See you in the morning Gents

[The_Snowman]

@ Baluda, I'm in Brisbane and criminal is Axistrader, also use Cowboy Go Markets, both in Sydney, so +10 GMT right now.

Snow,

So you opened these at 7/3/12 20:21 GMT?

Paul

I opened these at 13:21 EST local time, which I calculate, using the resources posted below, to be 03:21 GMT and 04:21 BST (London), so basically, just under 3 hours before Frankfurt open and 4 hours before London open - does that help you judge the time in your zone?

PS - hope you enjoy the poem about time, bit of culture never hurt this thread

[mobthehop]

Jemook - I know you have posted it before, but could you let me know:
- what TZ is your broker time relative to GMT
- did all your trades in http://www.stevehopwoodforex.com/phpBB3 ... 899#p17899 fulfill your entry criteria or are there some "casual" entries as well

Am trying to replicate the entries for learning purposes....

Thanks in advance & thanks for sharing your ideas!

Mop

[The_Snowman]

Ok, Snowman, very nice.
What is ur qualifying criterea for pair entry?

Yesterday, it was just about anything, today I will be more critical, start with the SlopeValue as shown in picture, 8 candidates will be enough.

Only consider the > 0.8 and > 0.6 pairs, go to Daily, 4H, and 1H charts, see why they qualify, where are they in the journey between the S & R lines, where are the Pivots, what is price action doing?

Read the NB booklets over & over, especially #3 about the Weekly & Monthly Pivot Lines; #6 is great too, about NB 10.2 update.

Good trading to all.

[Lifesys]

Hi Snowman
We live Nth of Melbourne & since you are in our timezone AEST (EST is NY) and use same company,
have attached a simple sheet I printed to give times for sessions and data source.
It contains a DDE link to auto-update with Empty4. (Need to turn on DDE in Empty4 Options.)
Right column is adjusted at DST changeover.
I have a far more complex version in a XLS, basket tracker which shows actual market open/close & which are currently open, but this one is very useful to assist with (a) Basket trade times & (b) "Sunday candle" stuff - which of course, here on the right side of the world and Axi being GMT+3, we do not have to worry about, (until GMT people write patchup indicators). We are also fortunate enough to have correct (non-split) H4 candles. This would solve all NB's differing histogram problems!!

A further little trick in iExposure Tickets106.mq4 replace line 581 with -
objectText = TimeToStr( lowWaterMarkTimestamp, TIME_DATE|TIME_MINUTES ) + " Now : "+ TimeToStr(TimeCurrent(), TIME_DATE|TIME_MINUTES );
to show current data source time as well as WaterMarkTime.
Paul

[The_Snowman]

Hi Snowman
We live Nth of Melbourne & since you are in our timezone AEST (EST is NY) and use same company,
have attached a simple sheet I printed to give times for sessions and data source.
It contains a DDE link to auto-update with Empty4. (Need to turn on DDE in Empty4 Options.)
Right column is adjusted at DST changeover.
I have a far more complex version in a XLS, basket tracker which shows actual market open/close & which are currently open, but this one is very useful to assist with (a) Basket trade times & (b) "Sunday candle" stuff - which of course, here on the right side of the world and Axi being GMT+3, we do not have to worry about, (until GMT people write patchup indicators). We are also fortunate enough to have correct (non-split) H4 candles. This would solve all NB's differing histogram problems!!

A further little trick in iExposure Tickets106.mq4 replace line 581 with -
objectText = TimeToStr( lowWaterMarkTimestamp, TIME_DATE|TIME_MINUTES ) + " Now : "+ TimeToStr(TimeCurrent(), TIME_DATE|TIME_MINUTES );
to show current data source time as well as WaterMarkTime.
Paul

Paul,

Thanks for your efforts; I don't have any problem knowing when markets are open, I just go to

http://www.forex4noobs.com/forex-tools/forex-clock/

In previous post, I was just answering someone question about when my trades were opened, I assume he wanted to know when to analyze the pairs for basket trading, right now is good time, before Frankfurt open.

I will play with iExposure soon, thanks again.

[Lifesys]

Hi
That fine. I know in my head, sessions times, but with watermarks and baskets, it gets little confusing sometimes exactly when peaks/troughs occur.
regards Paul