How about: Because the market is enjoying the current sentimental shift (Risk On!). The Majors are aligned AGAINST the USD and the JPY at the moment in a concerted Bullish move. *See the Basket chart below and the same move reflected on the EURUSD. ...

Stop Hunting using Sentiment and Market Structure

m15 offline chart (from the H4 Buy basket): The story so far... Below's what I'd like to see - can't say I will though but come on, a guy can hope no? Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

This is EXACTLY what I've been hoping that basket knights would GET from the BEGINNING of this thread! Not only is there no right or wrong way to trade the baskets, BUT in rubbing minds together and sparing with our swords, we would SHARPEN each ...

Basket Knights - A Basket Trading Round Table

Buy basket = +758 pips Banked so far with +45 pips still floating. Only 2 USDCHF positions and 2 CHFJPY positions are left running now. Everything else is banked for now. Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

Yes BD you are VERY correct about the H4 signal being matchless - that is why I trade off of the H4. But No, I hardly ever do that. From (my own) experience once I have a basket going, zooming into the individual pairs to re-enter/add-on/exit at key ...

Basket Knights - A Basket Trading Round Table

Buy basket = +415 pips Banked so far with +355 pips still floating. I have drastically REDUCED my USD exposure - I only have 2 USDCHF positions running now with the rest being non-USD pairs. Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

Buy basket = +217 pips Banked so far with +528 pips still floating. As much as possible I would like to be out of this basket before tomorrow's Reds and also before the weekend - if possible. Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

Buy basket = +156 pips Banked so far with +523 pips still floating. When we decided to open this basketting thread we had hoped for more interaction from basket traders...so far this has not been the case. It would seem that not a lot of traders are ...

Basket Knights - A Basket Trading Round Table

Buy basket = +455 pips...and counting. (*See images below). Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

Did you try the solution which worked and was posted here here? url Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

Hmmmm... Maybe your Tidane setting is different from mine? Or maybe it's a Broker-Candle issue? Anyway, below are my own C5/C12/C14 H4 charts - They ALL have already signaled a Buy basket. Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

See below image for my game plan. *Note: Usually I would deploy my first level Buys once the C5 H4 signals a Buy basket but based on all I've written about above, I'm waiting for retracements to take any Buy trades. Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

My C5 H4 basket Tidane has just signaled a Buy basket. Regards and Stay fluid, Ty

Basket Knights - A Basket Trading Round Table

H4 Candle close and the C5 Sell basket is still in place. Like I said: "A lot can happen in 3 hours." The reason I am doing all this posting is so that I can share with you guys how I trade real-time - what I am thinking and considering as the ...

Basket Knights - A Basket Trading Round Table

I lean more towards the same sentiment. I've mentioned it severally above that I kinda favour a Sell basket based solely on the prevailing sentiment at the moment in the markets - which is bleak across board. So even if I get a signal on the H4 to ...

Basket Knights - A Basket Trading Round Table

Good job you are doing here SentiFX, I like the way you think - it aligns with the way I think. Regards and Stay fluid, Ty

Stop Hunting using Sentiment and Market Structure

Here are some WHATs: "A series of positive events across the globe sparked some risk on flows in FX with European equities rising by more than 1% on improved market sentiment while yen pairs all rallied. Perhaps the most important geopolitical ...

Basket Knights - A Basket Trading Round Table

Yes patience is the watchword now. On the C12 H4 Tidane is already flashing green - BUT this present H4 candle will not close for another 3 hours so there's no rush. A lot can happen in 3 hours. This can be: - A wicked trap from MMs OR - We ask ...

Basket Knights - A Basket Trading Round Table

Remember when I mentioned that great PATIENCE was required to trade the basket? Well...maybe now you have a tiny glimpse of it. We are in the area where I consider to be no man's land: The area between Discounting and Shifting sentiment. On the C5 ...

Basket Knights - A Basket Trading Round Table

I like the current Discount Zone where the C5 sell basket is at right now. So I'll release the first salvo of sell trades once m15 re-aligns with H4 (*I'll reserve the rest just in case more discounts are offered). The point is that at this level ...

Basket Knights - A Basket Trading Round Table