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Jem's Uber Basket Trading Thread
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Author:  cmeade2 [ Thu Jul 12, 2012 3:24 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Armen wrote:Here is mine on Cowboy IBFX US. Exactly the same as Jem's.
Is that on the D1 timescale?
Author:  forexripper [ Thu Jul 12, 2012 3:37 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

any one looking to short GBPAUD, GBPNZD, EAUD, ENZD considering when it touches the MA 5.1 on H4. D1 slopes are still healthy for them. The only bad part of these pairs is that on D1 they are touching MA 5.1 which is range as per 10.2 definitions.

Please advise
Author:  cmeade2 [ Thu Jul 12, 2012 3:38 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

cmeade2 wrote:
Armen wrote:Here is mine on Cowboy IBFX US. Exactly the same as Jem's.
Is that on the D1 timescale?
OK I have two Empty4 accounts on 2 different time zones (GMT +3 and US EST) and I can see where the differences come from. The biggest difference is the EURUSD which is -0.89 on EST and -0.74 on GMT +3.
Author:  harry45 [ Thu Jul 12, 2012 3:40 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Cowboy Go Markets(Europe, GMT+2)
Author:  garyfritz [ Thu Jul 12, 2012 4:11 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Something is screwy here. This is a new Cowboy IBFX US demo. I just ran LoadHistory so it should have full and complete history on all symbols. Why so different from Armen's Cowboy IBFX US !?
Author:  spyderman [ Thu Jul 12, 2012 4:26 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

garyfritz wrote:Something is screwy here. This is a new Cowboy IBFX US demo. I just ran LoadHistory so it should have full and complete history on all symbols. Why so different from Armen's Cowboy IBFX US !?
Gary,

Are you on the daily TF?
Author:  harry89 [ Thu Jul 12, 2012 4:35 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

forexripper wrote:any one looking to short GBPAUD, GBPNZD, EAUD, ENZD considering when it touches the MA 5.1 on H4. D1 slopes are still healthy for them. The only bad part of these pairs is that on D1 they are touching MA 5.1 which is range as per 10.2 definitions.

Please advise
Would wait for the candle close and reassess then.
Author:  forexripper [ Thu Jul 12, 2012 4:39 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

harry89 wrote:
forexripper wrote:any one looking to short GBPAUD, GBPNZD, EAUD, ENZD considering when it touches the MA 5.1 on H4. D1 slopes are still healthy for them. The only bad part of these pairs is that on D1 they are touching MA 5.1 which is range as per 10.2 definitions.

Please advise
Would wait for the candle close and reassess then.
But that is not how Jem recommends I guess. He waits for retrace and then touch of MA 5.1 he enters. Right Jem?
Author:  Jemook [ Thu Jul 12, 2012 4:50 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

GBPAUD,EURNZD,AUDCHF,NZDCHF,EURAUD (and maaaaybe GBPNZD if it goes below -.4) all look good for a re-entry into trend when they touch the 5.1 MA. I'm going to sleep now so no baskets for me. Good luck.
Author:  harry89 [ Thu Jul 12, 2012 4:53 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

forexripper wrote:
harry89 wrote:
forexripper wrote:any one looking to short GBPAUD, GBPNZD, EAUD, ENZD considering when it touches the MA 5.1 on H4. D1 slopes are still healthy for them. The only bad part of these pairs is that on D1 they are touching MA 5.1 which is range as per 10.2 definitions.

Please advise
Would wait for the candle close and reassess then.
But that is not how Jem recommends I guess. He waits for retrace and then touch of MA 5.1 he enters. Right Jem?
Yeah, just in this situation, given the price action - euraud, for instance, could be reverse H&S forming, would be careful to confirm that it is not that before looking for another downside move even though the slope continues to favor the downside, just my two cents...but, Jem has more experience and sounds like he would take it on the touch, so maybe that's best.
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