spyderman wrote:Just an update on my basket as I rise and shine this morning. I didn't enter correctly last night as Jemook pointed out, but I came out okay so far. Basket is up 220 pips so far. Don't really know what to think.

As you can see in attached, on Aud/Chf and Eur/Aud, if I'd waited for price to come down under 5ma or to hit pivot, they never would have. Aud/Usd would have been a more traditional trigger. Does that look correct Jemook?

sohel0402034 wrote:

spyderman wrote:Just an update on my basket as I rise and shine this morning. I didn't enter correctly last night as Jemook pointed out, but I came out okay so far. Basket is up 220 pips so far. Don't really know what to think.

As you can see in attached, on Aud/Chf and Eur/Aud, if I'd waited for price to come down under 5ma or to hit pivot, they never would have. Aud/Usd would have been a more traditional trigger. Does that look correct Jemook?

If its possible, pls share ur black template.

spyderman wrote:
If its possible, pls share ur black template.

No problem.

You'll also need these indicators, most of which you probably have.
The FXPT dashboard was written for me by a coder at FF. It keeps track of all orders that are not at BE or better. Helps me with different strategies I employ where I hold positions long term.
I also modified the iProfittracker.

spotdespot wrote:

Jemook wrote: Also I've got audcad at .65 daily, better get that checked.

There seems to be a reasonably large difference between crims. For example a little earlier Bully Pepperstone had D1 CADJPY @ 0.41 - FXCM @ 0.19.

garyfritz wrote:

spotdespot wrote:

Jemook wrote: Also I've got audcad at .65 daily, better get that checked.

There seems to be a reasonably large difference between crims. For example a little earlier Bully Pepperstone had D1 CADJPY @ 0.41 - FXCM @ 0.19.

I suspect that has less to do with the crim, than with the data history in the Empty4 attached to the crim. These indicators are pretty sensitive to the history. Make sure you have plenty of history in all your symbols and you might find the two crims are a lot closer than you thought.

Jemook wrote:Spyderman & Fok – you can enter a basket wherever you'd like but if you want max pips and min DD then the best setup is after a large retracement. Of course there will be days that price just runs and doesn't give you a retracement so it's up to you if you want to trigger your basket while it's sitting on pivots. Personally I'd rather wait for a retracement so no trades for me so far this week.

idempotent wrote:Possibly dependent on where the day begins with your br0ker, too, maybe

dentiok wrote:Jemook, the concept of "large" retracement in H4 can vary from person to person, could you define or say if you set the retracement i.e. with respect to the daily pivot / 5MA with X amount of pips ? or how you determine if was enought "large" retracement ?
and in this way . . . how you define "sitting on pivots"
sorry about this questions (from me, a little brain fresher ), but your method it´s very clear and accurate, but could begin to be some discretion and we (or I) should know how to handle.
TKS a lot.