Jem's Uber Basket Trading Thread

[Baluda]

Up 600 pips. What will NY open bring?

[will80]

2 Baskets this week.

Tuesday = 285 pips
Thursday = 342 pips

That's a good week. There's a lot of news on today and tomorrow so I might call it quits for this week.

Consistancy is the key here - it doesn't matter how many pips we are making unless our accounts are growing in line. I say consistancy because if you are trading baskets from a small account base, proper risk management across say 10 trades in a single basket doesn't yield too much with a 1% risk strategy whcih is recommended. I'd like to understand some of the ideas you guys are utilising with this strategy on live accounts??

Guess I need to just grow it slowly and wait for that beautiful compounding to kick in!

[hansnl]

Right, I just closed my yesterday evening basket trade by trade during the last half hour with a nice overall profit of 450 pips.

hans..

[eltax100]

Thanks for this great adaptation of Bobs 10.2a

over 500 pip in 2 days with 2 baskets

Interesting that we have so many ways to execute the basket (manual and EA )

Eltax100

[moed-fx-lhox]

Hi guys,

Wanna share my setup for today.
I start the basket at 09.17 ( Instaforex Crims Market Watch Time) or 1 hour before London Open.

Below is the setup :

Entry05Juli.png

Entry05Julia.png

this first basket closed (impatiently) at 233pips

Entry05JuliD.png

then the EA continue with the second basket

Entry05JuliF.png

and closed once more for another big pip

Entry05JuliG.png

So, approximately 500pips in my hand at last...
Moody

[spyderman]

Hi guys,

Wanna share my setup for today.

Great job Moed. That's the EA then your trading? Glad your having success with it.

Closed mine manually for 200 pips before the big news

[moed-fx-lhox]

Hi Spydee,

I just copied what Slope said. Took the > 0.6 and < 0.6. Nothing else.
..and one more thing. I targeted 1 hour before London Open as a good trigger time..

happy to see that you got a big fish too...

regads,
Moed

[Jemook]

Up 750 now.

[hansnl]

2 Baskets this week.

Tuesday = 285 pips
Thursday = 342 pips

That's a good week. There's a lot of news on today and tomorrow so I might call it quits for this week.

Consistancy is the key here - it doesn't matter how many pips we are making unless our accounts are growing in line. I say consistancy because if you are trading baskets from a small account base, proper risk management across say 10 trades in a single basket doesn't yield too much with a 1% risk strategy whcih is recommended. I'd like to understand some of the ideas you guys are utilising with this strategy on live accounts??

Guess I need to just grow it slowly and wait for that beautiful compounding to kick in!

Well your absolutely have a point here , I set my totally risk for the whole basket to 4% my daily target is 1% and weekly 2.5% aiming for monthly 10% all very modest.
I'm not stop trading when I achieve the target's, some month I will make 20% other month's 0% or less.
I like the build in stop loss in ShellyNow because I have a problem to quit trades who goes against me.
We will see how it goes this month I'm trading ShellyNow on a Micro live account and keep you informed.

hans..

[hansnl]

Anybody a nice cool beer ??