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Jem's Uber Basket Trading Thread
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Author:  kelisa [ Thu Jul 05, 2012 10:01 am ]
Post subject:  Re: the trend is my friend system

hansnl wrote:Image

it took a while but now at noon here nearly everything is turned i to green.
I just put on two lots when they crossed the DP.
Nice to see this "the trend is my friend system" at work .

Maybe its wise to always keep a basket open and just kicking pairs in and out depending on there qualifications conform NN10.2/Jemook.sys.

So what we gonna do with NFP staying in or get the hell out before the shit hit the fan ??
any advice welcome..
Hans..

Its better to monitor each pair, looking for price nearing S/R pivots zones, TP when your inner voice tells u to. Its always 1bird in the hand better than 2 in the bush. ;)

I would close all trades by NFP. imho. ;)
Author:  Jemook [ Thu Jul 05, 2012 10:06 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Hansnl raises a good point. I think when a brand new basket opportunity appears after everything is ranging then you could hold that one right from the beginning. It depends how big your balls are.
Author:  The_Snowman [ Thu Jul 05, 2012 10:11 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Yesterday that big basket of mine went over 800 pips, had to shutdown Empty4 this morning, got out at the 200 pips moved stop - need to understand the ShellyNOW settings better, any suggestions.

Today basket closed at 200 pips, here is ShelleyNOW closing them, 3% gain. That's it for me tonight, tomorrow probably slow until US session & news come out, see ya'all.

:D
Author:  hansnl [ Thu Jul 05, 2012 10:14 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Jemook wrote:Hansnl raises a good point. I think when a brand new basket opportunity appears after everything is ranging then you could hold that one right from the beginning. It depends how big your balls are.
Well IMHO your lot size is more easy to adjust en less painful :lol: :lol:
Hans..
Author:  will80 [ Thu Jul 05, 2012 10:18 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

I'm working off a 0.5 slope strength, things are looking good though.
0507.jpg
Can I ask what peoples opinion regardnig major news is and their baskets - do they take the risk and place a pair in that might be affected???
Author:  hansnl [ Thu Jul 05, 2012 10:31 am ]
Post subject:  Re: the trend is my friend system

So what we gonna do with NFP staying in or get the hell out before the shit hit the fan ??
any advice welcome..
Hans..[/quote]


I would close all trades by NFP. imho. ;)[/quote]


Kelisa thank's for you response ,I probably have to do that, because to change or remove my SL's I have to take ShellyJem of the chart and tread every trade individual.
That will break the magic of the Basket trade , I will hold the basket for a while and will decide a few
minute's before NFP.

Hans..
Author:  harry89 [ Thu Jul 05, 2012 10:46 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

I closed my basket - +125, several pairs hanging around pivots. Started this basket last night after a partial retrace, could have waited until before London open with much better entries. Still, very happy with the pips! This system is working out very well, thx guys!
Author:  Jemook [ Thu Jul 05, 2012 11:24 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

I'm up 450 pips. Again. That is all.
Author:  spyderman [ Thu Jul 05, 2012 11:34 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

I'm US based so had to place pending orders last night before hitting the sack. Woke up this morning to a nice 3 pair basket, in line with what you guys are trading.

Thanks for the nice method Jem :D
Author:  spyderman [ Thu Jul 05, 2012 11:51 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

spyderman wrote:I'm US based so had to place pending orders last night before hitting the sack. Woke up this morning to a nice 3 pair basket, in line with what you guys are trading.

Thanks for the nice method Jem :D

Up over 200 pips now. Since I didn't enter these on Shelly Now I moved them to BE manually. Now the dilemma is how far to let them run before closing. :? Nice problem to have.
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