Trading Made Simple

Quoting emmanuel7788

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{quote} Is the EURUSD game over yet? Someone PM and ask me to post some losing trades. LOL. Here is EURUSD 3 ME trades closed yesterday morning just after my post above. {image} 3 trades, ME1 closed -41.9 pips ME2 closed -15.6 pips ME3 closed +40.6pips Nett loss -16.9pips But I did not lose money and in fact made money despite minus 16.9pips. How is this so? Anyone has the correct answer?

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Quoting catalin_eros

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{quote} You are right. It shows that it's true what they say: the money management techniques are more important than the strategy. Emm's losing trade which ended up with more money in his pockets is proof of that.

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Quoting hanover

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{quote} Thanks. There is room for opinion as to which way markets might move, and the application of different types of analysis techniques. But there is absolutely zero room for opinion in the areas where math and logic are overruling. For example, ultimately the only way to succeed is to be net long while price is rising, and/or net short while it is falling, frequently/heavily enough to overcome costs. Everything else -- hedges, baskets, scaling in/out, P/L-based decision making, position sizing methods and variations --...

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Quoting emmanuel7788

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{quote} 1) The win rates for these 2 pair trading the D1 chart using the APB and PAC mechanical rules are below 50%. see this old post: https://www.forexfactory.com/showthr...47#post9748147 2) What did your BPP show you? I have historical swing levels from my MN charts and on my D1 charts, these are significant resistance levels. {image} {image} 3) Both EJ and UJ did not have any setup HA candle which closes above the PAC yesterday and also did not meet the TDI Moderate condition. {image} {image}

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Quoting okoso

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{quote} Gold trade update. Trading gold with MEME has been fun so far. Closed the latest basket and started a new one. We also have a nice D1 set up, satisfying all the TMS rules, TDI cross above 50 and above yellow, PA closing above PAC, PA is rejected from the support, 9 August bar is an inside bar breakout setup. The risk is 9 August bar is a WRB so we may see some consolidation, but MEME traders can use this to build more positions. Cheers, Okoso {image} {image}

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Quoting ReverseFlash

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{quote} Hi buddy Catalin, with due respect, I don't consider this to be exactly true. I agree with member Hanover, if you don't have a "winning edge", MM itself is not more important than the strategy. {quote}

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Quoting emmanuel7788

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{quote} many traders sees 1.16890 like bees and honey.

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Quoting darko2010

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{quote} I am confused by your entry points, would you care to explain what triggers your buys?

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Quoting emmanuel7788

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{quote} first is my trade plan, this post: https://www.forexfactory.com/showthr...4#post10185754 the entry is the same as this AUDUSD trades: these posts should explain how my initial entry was done and the subsequent entries. https://www.forexfactory.com/showthr...6#post10189376 and https://www.forexfactory.com/showthr...4#post10193604 its all like doing a 10,000 pieces puzzle. To learn how I trade TMS with ME/ME, you need to read every posts progressively and form the bigger...

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Quoting nigpig

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{quote} Hello Emm I would be grateful if you would clear up my confusion. In your big picture post you show EURUSD looking good technically for long entries but in your example of trades for AUDUSD you are showing shorts MEME. I presume that the MEME example for shorts is what you would do for EURUSD but with long entries or am I missing something. I'm thinking that you would trade in the direction of the daily trend.

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Quoting emmanuel7788

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{quote} AUDUSD is sell EURUSD is buy where is the confusion? the minimum trade distance between ME positions is clear for sell or buy, use ADR. the time delay between every ME position is 4 hours, regardless if sell or buy. the entry using TDI cross in M5 is also same, cross down for sell and cross up for buy.

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Quoting emmanuel7788

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{quote} first is my trade plan, this post: https://www.forexfactory.com/showthr...4#post10185754 the entry is the same as this AUDUSD trades: these posts should explain how my initial entry was done and the subsequent entries. https://www.forexfactory.com/showthr...6#post10189376 and https://www.forexfactory.com/showthr...4#post10193604 its all like doing a 10,000 pieces puzzle. To learn how I trade TMS with ME/ME, you need to read every posts progressively and form the bigger...

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Quoting darko2010

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{quote} Thanks, I got all that except your use of M5 cross for entry, I now understand why some of your trades were conter-intuitive for me based on my own approach

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Quoting emmanuel7788

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{quote} remember those trades are taken on higher timeframes - Weekly and Daily as the price action setups. Therefore when I post the trade entries on H1, it is o show he details much clearer where the entry price and time. Many people here confused them as trades taken in the H1 which do not show any TDI cross setup trades. If I post them on D1 or W1 charts, then you will see some trades will appear on the same candle. by the way, there are differnet variations to how the ME trades are open. The first version was simple, we open new ME positions...

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Quoting emmanuel7788

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{quote} I use the TDI_RT version with settings: TDI (10,5,34,3,1,7) 10-Period of the RSI data 5= Typical Price 34= period of the Bollinger Band applied to the RSI data 3= Period of the Price Line or commonly known as the Green line. 1= Exponential moving average 7= Period of the Trade Signal Line Red line everything you need to know about the Traders Dynamic Index Post#72,156

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Quoting emmanuel7788

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{quote} remember those trades are taken on higher timeframes - Weekly and Daily as the price action setups. Therefore when I post the trade entries on H1, it is o show he details much clearer where the entry price and time. Many people here confused them as trades taken in the H1 which do not show any TDI cross setup trades. If I post them on D1 or W1 charts, then you will see some trades will appear on the same candle. by the way, there are differnet variations to how the ME trades are open. The first version was simple, we open new ME positions...

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Quoting bodal

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{quote} Emmanuel7788 , excuse me for asking this but the acronism "CUG" means what ? thanks you in advance.

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Quoting kmic14

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{quote} This settings are ok? Or should is keep to the basic settings? The picture in the right side is the basic settings {image} {image}

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Quoting darko2010

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{quote} Thanks for the context, I appreciate the nuance. I would be happy to contribute, not take your work but actually contribute to your group and get feedback if of interest.

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Quoting ReverseFlash

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I'm sorry, this is not TMS-related. But this video made me remember about when you have a very profitable position, then suddenly price reverses and wipes out all your profit. RF {file}

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