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Simple Monday-Tuesday System (attached calculator)

Quoting Erebus
{quote} What’s this “we” ? It’s up to YOU Each trader must take responsibility for their trading decisions. You can backtest or not, see what YOU think is the best entry Another especially important part is Risk Management Once the entry is decided, where will YOU place the Stop Loss
You are doing a great job here. So sorry for the incident that happened to you.
Early results, 2 winners, AUDCHF +2%, EURAUD +2%

1 loss, USDCHF -0.5% (full stop loss but had position size wrong)

13 open positions

The two most powerful warriors are patience and time. Leo Tolstoy
Quoting Erebus
Early results, 2 winners, AUDCHF +2%, EURAUD +2% 1 loss, USDCHF -0.5% (full stop loss but had position size wrong) 13 open positions
very nice Erebus

I trade only GBPUSD and the orders have not triggered

keep profit
Quoting Erebus
Early results, 2 winners, AUDCHF +2%, EURAUD +2% 1 loss, USDCHF -0.5% (full stop loss but had position size wrong) 13 open positions
Howd you get a 2:1 on EA ? did you enter at the high of the range instead of the .15% breakout ?
Quoting PhillipmC
{quote} Howd you get a 2:1 on EA ? did you enter at the high of the range instead of the .15% breakout ?
YES

I did that, I don’t know how many times I’ve posted my strategy and charts

Maybe you missed a few posts, better read the last couple of pages

The two most powerful warriors are patience and time. Leo Tolstoy
Quoting Erebus
{quote} YES I did that, I don’t know how many times I’ve posted my strategy and charts Maybe you missed a few posts, better read the last couple of pages
Ha thought I was pretty up to date I'll go back
Quoting Erebus
{quote} YES I did that, I don’t know how many times I’ve posted my strategy and charts Maybe you missed a few posts, better read the last couple of pages
It makes more sense to do it the way you are doing it.
I've just studied this technic.That is so interesting.
I've traded by manual and result as following
Winner : Eurnzd AU
Loss : gbpaud (maybe stoploss is just 75%)
On going : EG Gchf Uchf EU

please recommend another pairs.
Quoting bankaii
{quote} very nice Erebus I trade only GBPUSD and the orders have not triggered keep profit
I think it is wise to limit the number of pairs to trade at this time, as there is a lot of uncertainty in the market because of what is going on with the Coronavirus. The market is very unstable right now. It's looking more and more like it's going to be a bad year for trading.
Quoting ckerdmon
I've just studied this technic.That is so interesting. I've traded by manual and result as following Winner : Eurnzd AU Loss : gbpaud (maybe stoploss is just 75%) On going : EG Gchf Uchf EU please recommend another pairs.
USDCAD triggered; on-going in positive.
Good luck
Quoting ckerdmon
I've just studied this technic.That is so interesting. I've traded by manual and result as following Winner : Eurnzd AU Loss : gbpaud (maybe stoploss is just 75%) On going : EG Gchf Uchf EU please recommend another pairs.
Welcome to the matrix

There are 8 “main” Currencies = AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD

Anything with USD is called a Major, 7 pairs

USDCAD;USDCHF;USDJPY;AUDUSD;EURUSD;GBPUSD;NZDUSD

When the others are crossed, they are called Minor, 21 pairs, total of 28 pairs

Some pairs don’t make sense most of the time, AUDNZD, too close related, like kissing your sister

And EURCHF, get out of here, kissing first cousin, same for EURGBP

And CHFJPY, both safe haven currency, can be frustrating

Good luck, and pucker up

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The two most powerful warriors are patience and time. Leo Tolstoy
Frankfurt opens, maybe this will be “moving” day like the golf

Observe how the strengths change in a few hours

Good luck all my brothers and sisters

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The two most powerful warriors are patience and time. Leo Tolstoy
Moving day alright, who pizzed the KIWI off?



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The two most powerful warriors are patience and time. Leo Tolstoy
GBPNZD, we’re done like a dinner here

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The two most powerful warriors are patience and time. Leo Tolstoy
Hammer, my account is in plus
Quoting Erebus
Moving day alright, who pizzed the KIWI off? {image}
I have the same setting on my chart too. NU and GA are losing now.

Erebus, any reason(s) for the loses yet?

Thanks.
Quoting Erebus
GBPNZD, we’re done like a dinner here {image}
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I saw that GBP is falling.
Quoting Erebus
Early results, 2 winners, AUDCHF +2%, EURAUD +2% 1 loss, USDCHF -0.5% (full stop loss but had position size wrong) 13 open positions
Not sure why I did it, but for some reason I moved my stop to break even on AUDCHF and EURAUD far too early and got stopped out for break even.

Had I not done so, AUDCHF would have hit 3:1 target and EURAUD would current be at around my 2:1

NZDCHF amd AUDUSD have stopped for break even, and GBPNZD has had a full stop.

I wasn't using proper lot sizing, but had I done so (and not screwed up AUDCHF and EURAUD) I would be on +4% banked right now.
"Pips are vanity. Profit is sanity."
Quoting Ojogbolabi
{quote} I have the same setting on my chart too. NU and GA are losing now. Erebus, any reason(s) for the loses yet? Thanks.
Yes, the market is watching us

Closed trades are positive, open trades are positive

No problem, a good learning week

The two most powerful warriors are patience and time. Leo Tolstoy
Thanks to everyone who have contributed. Just finished reading all 24 pages. Very interesting. Missed this week but will have an EA up by next Wednesday. I'm not going to go for anything fancy. See what we can do. Going to do some back analysis as well if I have time.
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