I have only traded with the 1 hr timeframe, so not sure abt the 4 hr and daily,it will be too much of a swing trade if we go for 4 hr or daily setup like i have

Easy Basket Trading on Higher Time Frame (KOS System)

that will be 10 usd i.e 100 pips x .01 , leverage does not matter, , lot size matters.

Easy Basket Trading on Higher Time Frame (KOS System)

I agree, but seems run out of steam, would evaluate at lower levels to entry again if daily still shows up. Lower levels meaning at 1230 IXOAH .

Still Basketting

closed my 4920 basket...slate is now clean....+1450 pips since monday entry..tempting to short but will wait for confirmation on 4hr before taking entry.

Still Basketting

well said, since we are taking the daily trend, we can expect price to reach closer to the 169 resistance and if resistance holds, we go down, till then the trade is on

Still Basketting

daily trend following is safe and healthy...my SL got hit on the short, but my daily is still going on strong... The advantage of adding HAS also on the screen , see the bounces off it...and daily still going strong...upside resistance is at 169 area ...

Still Basketting

well, my pips are almost same except that i had 2 baskets , resistance ar 163 was solid, i will check tomm and enter any trade. i have one short alreàdy open, will add once i see confirmation in morñing.

Still Basketting

gosh..i hope I have not hijacked this thread..where is KOS.

Still Basketting

this is the magic of this system, modify as your requirement and trade it. each trader has own views on that. what works for me may not work for others.

Still Basketting

hi aces you need to first setup offline chart an then apply the templates provided on post 1, if you cant do that then its difficult to explain. once u apply the template , you can see that usually we enteron the second bar of the signal. time is ...

Easy Basket Trading on Higher Time Frame (KOS System)

Fx, i had closed my 1 hr yesterday as i saw resistance at the 163 level, which today is playing spoilsport. however my 4920 long is still in play, if it does not break 163 today, i will close it. that will make it almost 1600 pips in 2 days, enough ...

Still Basketting

Just to clear the air, i do trading only for fun and not doing it for a living. I am degree holder in accounts . Thats why i have no pressure to make too much money or too many pips. I usually trade with 500 usd, make it to 5000 and remove 75% .

Still Basketting

ok, will chek it out.

Easy Basket Trading on Higher Time Frame (KOS System)

I can test this only on friday as i am usually free that day, so will check out the jpy basket and le u know.

Still Basketting

yes, you can if you are doing intra day, again if its as per longer trend, better.

Still Basketting

Let it check and see if 4920 is same color or not, let 4920 be ur guide for h4 trade and let 4hr be the guide for 1 hr trade. hope u got me.

Still Basketting

thats why 1 hr and higher timeframes are better , avoid all these whipsaws

Still Basketting

i dont move beyond the 1 hr chart, as i already have 1230 and 4920 IXAOH settings, will exit 1230 basket if the 4920 changes or if i see a resistance level. I hold the 4920 basket till the trend ends, so no issues, u loose some u gain some..overall ...

Still Basketting

me too want to remove these chf pairs and either trade only with 12 pairs or add 2 more pairs . Do let me know the basket compositions you want to test, and send me the list . Also let me know which indicator to add them and make the offline charts. ...

Still Basketting

these issues are always there in smaller timeframes, thats why u need to expect less pips in them as compared to higher timeframes.

Still Basketting