priceaction:
Fresh alert am eyeing any moment . The order flow will determine the TP

JAkpayen:
WHY BASKET TRADE?

As imperfect human beings we have emotions and they completely get in the way of our trading too. The ultimate in trading satisfaction is to trade a system that completely removes as much stress, fear and doubt as possible from the equation. How do we do this? By eliminating as many questions as possible and spending as little time as possible in front of the charts, set your trades and then walk away. It may suit you better to TP when you feel it's right. Use your discretion.

With basket trading we don't have to worry about where to place our stops for each individual trade. We can set our risk:reward at 1:1 or better because we are choosing a set TP and SL for each basket. No worries about multiple correlated individual trades either, we are using them to our advantage here and no need to choose which correlated pair is going to be the one to move. We spread our risk over a bunch of pairs and use their pull and push effect to move in the proper direction and get big pips.

In summary:
1. Choose the strongly trending pairs & add them to a watch basket.
2. Wait for price to to retrace on most of the chosen pairs.
3. Wait for the triggers to start kicking in on most of the chosen pairs.
4. Launch the basket!

These suggestions can be bent quite often when you see a good setup. At the same time you will want to keep consistent so I urge you to do all your messing around on a demo and get a few months of consistent profits.

A good system tells you when to stay out of the market. If so go do something in real life like play with your kids or go skydiving, or rob a bank (lol ) – whatever.

Feshizzy:


TF = H8,
How?

priceaction:


CLOSED MY EUUSD for -4pips. I dont like what am seeing. And FOMC meetings today may not be friendly for this pair
Only my audusd did fine

shorty002:
Sold usdjpy at 110.70. Watching 111.70.

lawson007:
@pipsbasketing how come most of your entry directions are opposite to mine.I really need to check my system again.

Pipsbasketing:
Never mind bro, entry positions can be opposite and we may both have positive results at the end. This depends on the time required for each position to last.
For example: If on EU, you go short while I am on long, it may be that the actual long term direction is long, but price can not just continue north in a straight manner, so its time of short may be when you enter.

timidave:
Hello all, please where is the trading system in this forum?

NoWorries7:
Now funded. Let's go there...

currentprice:


how far NoWorries

many traders are realy worry here ,,, they have all disappear for MMM

Edd1e:
Pairs to watch out for between now and next week,
EURNZD -Sell
EURAUD- Sell
EURGBP- Sell
I think Euro is getting weak across all other currencies, look for better entries and trade if ur system say so

Disclaimer: read currentprice's signature. Happy pipping...