Basic Questions — OK, I'm really trying to understand everything about this post. I have some questions. 1. Which candle is the "setup candle" mentioned as being in the 2nd picture? 2. What are R and S in this line? "It is common knowledge ...

A Basic Trading System (BTS)

I think I found it in another post — Does this look correct to everyone? 1) Non Farm Payroll 2)FOMC(Interest Rates) 3)Trade Balance 4)Gross Domestic Product(GDP) 5)Retail Sales 6)Durable Goods 7)Inflation(CPI AND PPI) 8)Foreign Purchases(TIC ...

What are the top 5 major news events for the EUR/USD?

Thank you! — That is VERY useful information for a rookie like me. Thank you very much!

Have "graduated" to full time trader

Thanks! — I will continue on with my small trades and tell myself that each day I do OK is a day closer to full time trading. Thanks for the advice!

Tell me if this is reasonable

So - what is everyone going to do with their losing trades? — Carry it until Monday? Close it out?

EURUSD

Yes, I used the history center. — I imported it as a csv file into the history center. I did copy this from another expert that I liked: if(AccountFreeMargin()<(1000*Lots)){ Print("We have no money. Free Margin = ", AccountFreeMargin()); ...

Will a backtest fail if a trade will blow my account?

What does a modeling quality of 25% mean? — I am a rookie and was wondering what that 25% represented. I went to alpari and downloaded all the history for EURUSD M1 as far back as they had it. Why would my modeling quality be so low? Thanks! ...

Will a backtest fail if a trade will blow my account?

Thanks! — That's what I thought. Thanks for the response.

Will a backtest fail if a trade will blow my account?