Trading Made Simple

Quoting RSP.fx

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{quote} Thanks for the answer. Anyway I can help with those backtest? Where I can learn more about manual backtest? For now would be SE/SE ..... RSP

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Quoting emmanuel7788

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{quote} Hi, Thanks for offer to help in backtest. We have in fact done most of the backtest for all 28 pairs. Manual backtest is time consuming as it involve scrolling back on our charts and observe. Using the platform' strategy tester and running custom-build expert advisor to do the test with our own define conditions is the way to go. But this requires mql4 coding knowledge.

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Quoting emmanuel7788

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{quote} Win rates Total Buy trades 117 win 42.7% Total Sell trades 120 win 34.2% Nett win 7212 pips for SE/SE.

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Quoting emmanuel7788

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{quote} there is this saying: (don't know who said this) {image} but I am retired so I treat trading as one of my day job I do everyday. Helping others who want to trade with TMS is my other day job.

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Quoting okoso

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{quote} Hi Emmanuel, Last week my plan for XAUUSD was to trade long MEME. Looking at the chart over the weekend I realize that I could have made good pips in reality I lost. I had 3 open positions by Tuesday and I was reading some forex related news that said the tensions between Nkorea and US is more relieved and if US retails sales data comes up stronger it could push XAUUSD even lower. When I saw stronger US retail sales data I decided to close my positions. I didn't stick to my plan so paid the price. Okoso {image}

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Quoting emmanuel7788

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{quote} no, that is not what the safety valve as in Mingary's Monty Hall problem riddle. that basket of 5 trades has 3 losers and 2 winners and nett is negative in pips but that basket is profitable in money$$$. it is about the MEME Exit Strategy. {image} we can discuss the specification for MEME trade manager separately in private, not here as there are many new traders who have not read all the posts of the past 3 years.

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Quoting Tekkies

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{quote} What rules? You should reread the post Sesamstrasee. "Clean up the chart to reflex only what BigE has used. (see attached chart)" Some advice: "When you don't talk people think you a fool - when you flap your lips they know you are a fool" Have a nice day Cheers

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Quoting Sesamstrasse

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{quote} You´ll get our attention with "strong posts" here, or in any other forum.
This is required to see how your thinking is and if YOU suit to us.

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Quoting EUScalper

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There's nothing simple about trading.

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Quoting pete.alfa

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{quote} Hi Emmanuel My apologize for my absent(helping friend of mine - house renovating) but I am following your posts all the time. Now I'm coming back again hopefully I will have more time from now on. In red circle why closed all 5 positions around 1.62800(reason or rule?) & add another position which closed around 1.62000. Why not closed all 5 positions at 1.62000(which might not happen?) What was psychology behind it? After closed 5 positions why added one more position?. I think you have already explained but it is not clear in...

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Quoting pete.alfa

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{quote} Hi okoso My apologize for being late. Right now I am using starc band for me/me stop loss. {file} {file} {image}

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Quoting emmanuel7788

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{quote} Hi Pete, No need to apologize. This is not my thread and I am sure people are busy with their life and have better things to do than reading public forum and trading. But for the active members in this thread and follow what I share, I will reward them when they participate in this thread and to show that they work hard like I do. One basic rule of trading is take whatever the market gives you and give little back. This is why when I have open ME trades in one basket, I set a minimum take profit in $$$money and not just looking at pips count....

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Quoting okoso

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{quote} Hi Emmanuel, I worked on my BPP over the weekend for next week and possibly September. Below are my picks for my MEME trades. Group-1- USDCAD short, Group-2- EURNZD long, Group-3- GBPCAD short, Group-4- EURJPY long, Group-5- XAUUSD long, What do you think? I wish I could post similar trade report like the one you posted above come end of September. Thanks for your help again. Okoso

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Quoting emmanuel7788

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{quote} You have done the hardwork and I am confident that you will make money this month with those pick. well you have picked one pair from each of the 5 groups... overall for next week, those 5 pairs look good as planned but be prepared if next week does not play out we need to make changes in the following Week 37~39 Sep 11 to 29. you dont have to trade 5 pairs in one same account , but only when your BPP shows good and pick the best ones with money management in mind. I have EURNZD buy and GBPCAD sell next week., but need to monitor the...

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Quoting SanAshi

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Hey guys, Spring has sprung in New Zealand and the sun is shining! I am excited about demo trading TMS during September! My choices are: Group1: USDCAD, Group 2: EURNZD, Group 3: GBPCAD, Group 4: EURJPY, and Group 5: AUDNZD. I am just going through BBP at the moment, after reading it a couple of times over the weekend. Thank you Emmanuel for the recent links, especially to the pip-ware minicharts, I have been really envious of your screen-grabs, but was too shy to ask. Thanks to Bizkit for asking last week. Many thanks to everyone...

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Quoting emmanuel7788

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{quote} {quote} Week 36 Sep 4 to 8, Trades open with current Trade Report {image} ================================== Nice tool - Trade Report on your chart. Go and download here: https://www.forexfactory.com/showthr...97#post9527897

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Quoting pete.alfa

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{quote} Hi Tekkies Missing you Tekkies, actually you are putting this thread more spices. You are making us laugh as a Joker. Cheers

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Quoting jasakreatif

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It is simple setup By elfranz. https://www.forexfactory.com/showthr...55#post4911355 Money management its not simple {image}

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