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Jem's Uber Basket Trading Thread
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Author:  Baluda [ Thu Jul 05, 2012 11:53 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Up 600 pips. What will NY open bring?
Author:  will80 [ Thu Jul 05, 2012 11:56 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

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!
Author:  hansnl [ Thu Jul 05, 2012 12:09 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Right, I just closed my yesterday evening basket trade by trade during the last half hour with a nice overall profit of 450 pips.
:D :D
hans..
Author:  eltax100 [ Thu Jul 05, 2012 12:31 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Thanks for this great adaptation of Bobs 10.2a

over 500 pip in 2 days with 2 baskets :D :D

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

Eltax100
Author:  moed-fx-lhox [ Thu Jul 05, 2012 12:50 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

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
Author:  spyderman [ Thu Jul 05, 2012 12:57 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

moed-fx-lhox wrote: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
Author:  moed-fx-lhox [ Thu Jul 05, 2012 1:06 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

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
Author:  Jemook [ Thu Jul 05, 2012 1:34 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Up 750 now.
Author:  hansnl [ Thu Jul 05, 2012 2:27 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

will80 wrote: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..
Author:  hansnl [ Thu Jul 05, 2012 2:40 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Anybody a nice cool beer ?? :mrgreen:
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