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Jem's Uber Basket Trading Thread
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Author:  xrismak [ Tue Jul 17, 2012 3:57 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

cmeade2,

I think you are right except that sometimes one has to Babysit these trades !
I almost closed them for a loss about half an hour ago but something kept on asking me to hold and and see what would eventually happen... :)
back in profit holding on for more..gif

One more trade left to go...
Author:  Jemook [ Tue Jul 17, 2012 4:02 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

xrismak try not to post so many posts in a row–it's considered poor forum etiquette. You can edit your posts to add more information instead if you'd like. Just a bit of interweb advice, friend :)

In other news my basket from yesterday went from being +450 to -450 and is now back in profit. Yay wild swings!! I love trading the H4 and not having to worry about crazy up and down movements in the market which whack you sideways when trading the lower timeframes.
Author:  xrismak [ Tue Jul 17, 2012 4:48 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Jemook,

My good friend, thanks for the Advice and tip, I will do as you have Advised for future posts sorry I just got too excited with my little Progress.. :D
Now I know I have to improve my table Manners very quickly.... ;)


Warm Regards n Happy Trading,

xrismak.
Author:  hansnl [ Tue Jul 17, 2012 4:54 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Jemook wrote:
In other news my basket from yesterday went from being +450 to -450 and is now back in profit. Yay wild swings!! I love trading the H4 and not having to worry about crazy up and down movements in the market which whack you sideways when trading the lower timeframes.
Brillant Jemook, hanging in like that that's the way to go.

have a look at Neo's tread and see what I did ( i'm not sure if it fits in this tread but it will surely in your mind )

hans..
Author:  Jemook [ Tue Jul 17, 2012 5:37 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Good work Hans - that will help anyone who wants to enter a basket but isn't at their computer. Very smart 'out of the box' thinking mate. Hans dropped the 5.1 waiting to buy EA on the long pairs that had retraced and dropped the 5.1 waiting to sell EA on the short pairs that had retraced and then triggered ShellyNow with ZERO pairs so it would manage all the triggered trades for adaptiveTP of 50 pips. Walk away, come back and +250. Awesome.

You should play with that more. Personally I like to trigger my trades on a gut feeling when I feel the time is right but that will definitely help people that see a retracement setup but can't be at the computer to wait for the 5.1 MA's to get hit.

Gold star to you, sir.
Author:  hansnl [ Tue Jul 17, 2012 5:51 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

To be utterly honest the close of my Monday basket minus 400 pip was a stupidity triggered by myself.
In an attempted to mini mys my exposer I did took of two pairs from the basket.
Both pairs had a small profit about 40 pips together.
But what happened then is my total loss raised with 40 pips and my stoploss became 100 pip less!!
and then BANG the basket close :x just something to think about when you take off pairs take the ones with a severe loss to give you basket some room to survive.. :roll: and don't try to rake in a few silly pips..

cheers

hans..
Author:  fxozgirl [ Tue Jul 17, 2012 8:35 pm ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

xrismak wrote:
basket trading results 15.57 pm 17-07-12.gif
Hi fxogirl,

I just followed your waiting to Trigger list about a couple of hours ago and manually closed all but two trades for a profit, here are the only 2 trades left that are not Profitable and I just might close them Manually because I still haven't been able to figure out how to use the MPTM 25 +10 EA quite well yet !

I think I am going to keep on following your Good Self and The_Snowman everyday until I can get a full grasp of this System's tinkering ! :)

Good to see you are going well :D

I didn't take this basket as I wasn't comfortable by the time I went to bed that the trigger's were set, so let it go. Looks like there's been some more retracing during NY session and looking at a possible basket towards the end of the Asian session today
Author:  Jemook [ Wed Jul 18, 2012 1:53 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

Posts moved to the 10.2 trades forum. Please keep this on topic for basket trading.
Author:  will80 [ Wed Jul 18, 2012 2:33 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

I watched a 275pip basket reduce to 113 on Monday night live trading - still profit though. I've not seen good enough conditions to kick another basket off yet.... perhaps I'm too cautious?

Saw some retracements this morning Sydney time - marked them down, and awaiting more to happen in conjunction with today's Asian move that will happen. Hoping to kick another basket into action tonight.

My basic rules:
Avoid Impacting news
TMA +- 0.5
Pivots need to be aligned
Retracement Needed on H4
Cross MA 1st Signal
Cross of daily pivot confirmed
LAUNCH!

Watch Game of Thrones or Breaking Bad
Author:  hansnl [ Wed Jul 18, 2012 5:48 am ]
Post subject:  Re: Jem's Uber Basket Trading 10.2 Thread

will80 wrote:I watched a 275pip basket reduce to 113 on Monday night live trading - still profit though. I've not seen good enough conditions to kick another basket off yet.... perhaps I'm too cautious?
Depends on how many pairs where in the basket ? 2,3,4,5, ??
:?:
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