I just wish I was awake when the G/J, G/U and E/J crossed.
Ne
Ne
SIMPLE EA for a simple method needed!! 1 reply
trader101 method based trades 12 replies
Trader101 Method Back Testing Tool Q+A 16 replies
Setting up the Basics for Trader101 style trading. 28 replies
Dislikedhi folks;
im presently short on all from late into asian session,hasnt been doing to much last couple of hours has traded down to around +350 us,ideally i would exit all now with the present market rythme as it is,but more interested in my ia,s,i opened my first one sunday open 3 weeks past and each sunday since which shows me there could be a little further to go for this week to give complete opposite to my original,i guess im trying to determine how much one can rely apon these ia positionings,im using t101 basket indicator to determine a radical...Ignored
Dislikedyes classic forex trading it is,ive been trading a no of years but have not used a method with so much edge,i love the fact that a couple of your basket can move against you often for reasons that become aparent after the move , but this method can iron those out with remaining basket trading in the forcasted direction,i also done well yesterday with 2 long basket trades for 400+went long 6am gmt today closed for 550 pips,wow im just hoping its not beginners luck,todays trade was all buy apart from ucad and uchf shorted these 2,this eur gb is the...Ignored
Disliked
It's almost like not only a leading indicator, but almost a peek into the future.
The thing is, the basket trends so long and eases into trends gradually, rather than being a V type reversal, the trends last a long time, and you have a lot of time to catch them. It's not so important to catch trend early, as with trading single currencies. At least this is my opinion.
Ignored
DislikedHi, Shakey!
From begining of this week, the basket's movement SHORT-LONG-SHORT gives +1850/-2200 pips. I think, such drawdown is not admissible at a real account. So, we have to close the basket, not to wait for trend reversal.
What do you think?Ignored
Dislikedif you use ProtectAccount you don't have to see such drawdown because all the positions will be closed in due time. You can re-enter after the basket retracement. I do this just looking at the spread level.Ignored
DislikedThanks, maxu. But, as I wrote early, due to the basket fluctuation, ProtAccEA closes all position with +100/+250 pips, BUT s/l level is -560 pips. In this case, P/L ratio is not good. In addition, in this case, we miss the most part of the basket movement.Ignored
Dislikedyou are right but i propose you to open the ProtectAccount later, after your basket has already +1000 pips. so you will lock 910 pips (if i remember correctly)Ignored
Dislikedi keep the maximum drawdown at 560 pips without ProtectAccount (PA) and i start the EA around 1000 pips depending on the speed of the basket
if the basket reach 1000 pips quickly (couple of hours) then i wait even more but never over 2000 pips. if not, i lock at 800-900 pips. the problem can be solved at your free will and i see no rule. if you are ok to wait until 1k pips then wait. if not, close the deal at 500 pips and be happy with thatIgnored