Jem's Uber Basket Trading Thread

[The_Snowman]

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

@ Jemook, see, no demo showing on there, mate!

[Baluda]

@ 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

[Jemook]

Snowman - I wasn't poking fun at you about the demo joke if that's what you were thinking! Also screw you for winning another Origin.. So close! Here's my 300 pips for the night.

2012-07-05 12.59.25 am.png

[cumquat]

@ cumquat, this is where you need to know, or at least be able to project the Average Daily Range, high & low, of the pair you are trading IF you are going to exit manually, along with Pivots, make decision easier.

See, this chart of EUR-AUD, not NB, another method, already took prifit on half trade, just hit TP2 now, and still there is room to the ADR as shown by arrow.

PS - more real cash

Cheers for that, I already look to the S/R levels but can't stop thinking maybe it will push further not really looked too much at the ADR but will look that over and see how I do with that as well.

Thanks for the pointers

Mick.

[Jemook]

Snowman - what is your basket stop? I hope you have some risk protection in place in case a basket goes awry. And cumquat that is all we really need to work out with this system is where to take profit and where to place our stop. I'm sure we will get a feel for it in time.

[Jemook]

Armen, Kelisa – I moved your posts to the '10.2 Trades! Post up your trades here' thread. Please try keep this thread on topic. No hard feelings

I think I may have worked out a smart solution which will give us a TP/SL value to target per basket. I'm only speaking with Baluda about it atm but can't wait to see what he thinks. Will share only if he tells me I'm not retarted

[kelisa]

No prob Jem.

btw, have you hire a choreographer for your moves?

[Armen]

Armen, Kelisa – I moved your posts to the '10.2 Trades! Post up your trades here' thread. Please try keep this thread on topic. No hard feelings

I think I may have worked out a smart solution which will give us a TP/SL value to target per basket. I'm only speaking with Baluda about it atm but can't wait to see what he thinks. Will share only if he tells me I'm not retarted

Thanks Jem.
I made the post then i realized that it was not the right place. But could not do anything. (didn't want to delete it anyway)
Thanks again.

[harry89]

Ok, I'm gonna weigh in with the smallest pip(s) here - 185. A few pairs started hitting Monthly Res 1 and that's when I should have tp'd but I was greedy...

[hansnl]

Ok, I'm gonna weigh in with the smallest pip(s) here - 185. A few pairs started hitting Monthly Res 1 and that's when I should have tp'd but I was greedy...

mmm....still 185 pips in the pocket?? or was it - 185 ???

Mine basket was stopped out by the adaptive TP for 250 pips just 2 minutes before the big euro drop could have easily doubled the score with a smarter take profit setting.