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- traderray replied Oct 5, 2010
Hi V, I did sign up for a demo some time ago with this group, but would caution anyone to read how they appear to operate first if they contemplate a live account, e.g. (as I understand the process) you have to say whether you are buying or selling ...
Building an equity millipede
- traderray replied Oct 4, 2010
Hi V et all, My own take on what has happened is that Graeme has been introducing a way of approaching the market and the disciplines necessary to achieve success, once Graeme had introduced FB's and there just happened to be a good one - 18th Aug - ...
Building an equity millipede
- traderray replied Oct 1, 2010
Hi Kevin, Just wondering where u place the stop when the PSAR point is on the opposite side of your trade?
Building an equity millipede
- traderray replied Oct 1, 2010
The concensus of opinion amongst some of the top commentators/analysts is that the FX market is currently at its maddest; all rules seem to be being broken. Two of the majors - Yen and Eur are just not responding to what 'should' be happening from ...
Building an equity millipede
- traderray replied Sep 29, 2010
Went short myself when last 1hr candle tried 200ema - 4hr and failed to go higher, but struggling at the mo and forgot about London wind down..
Building an equity millipede
- traderray replied Sep 29, 2010
My own take on GBPJPY is that the strong bear candle on 4h signalled a short on the retrace around 132.76 following the 15 min FB. If it does bounce with any conviction off the 200 ema, (4hr) go long, if not you are 50+ on the short. Having missed ...
Building an equity millipede
- traderray replied Sep 29, 2010
Hi V, Think this sentence sums up what most if not all of us do wrong! Me certainly. Read a great quote this week - "the market can remain irrational and illogical far longer than any individual can remain solvent" - hang in there! Ray
Building an equity millipede
- traderray replied Sep 28, 2010
I had some survive from 18th Aug until BOJ interference. Accidently closed a eurusd long from 3 weeks ago.
Building an equity millipede
- traderray replied Sep 27, 2010
Hi V, I think the key - or one of them - is the volatily or momentum of the pair you are focusing on - if there is not much in evidence then there is not much opportunity to trade.
Building an equity millipede
- traderray replied Sep 25, 2010
Hi Veefx, I think Graeme does so much typing that the odd typo is inevitable and understandable and I am sure that there is one in this sentence, as it makes little sense - to me and to many others - if it does not read MORE than 1 per 100 cycle; ...
Building an equity millipede
- traderray replied Sep 24, 2010
Thought G also said that he will take a position on 'any' daily open if it is confirming his weekly anticipation, and has the same ability between daily and 4 hour, Four hour and 1 hour etc.
Building an equity millipede
- traderray replied Sep 24, 2010
Hi TJ, I thought that G introduced the FB as 'another' potential opportunity - he mentioned his favourite plays were volatile breakouts, but the FB's seemed to be taking over - at least this way he is getting us to think of other methods that also ...
Building an equity millipede
- traderray replied Sep 24, 2010
Vee — Hi Vee, One other thought that Graeme has mentioned, but has not been spoken of much is that if the anticipated volatility momentum does not meet your anticipation, expectation whatever, you can always exit the trade with smaller loss - ...
Building an equity millipede
- traderray replied Sep 24, 2010
Hi Vee, It seems from G's teachings and looking at any TF you can see that there are numerous stacking opportunities, but perhaps the stacking should be done on the lowest TF to minimise risk while taking higher TF opportunities. I have just started ...
Building an equity millipede
- traderray replied Sep 23, 2010
Hi Vee, Not quite sure that taking a long on a BO is diversifying per se in terms of G's method, just a realisation that move has changed/ may have changed direction. Perhaps G will enlighten us. Keep it up. Ray
Building an equity millipede
- traderray replied Sep 23, 2010
Hi Vee, Nothing to say you couldn't consider a long - the stalling range of 23-54 of the last 36+ hours may have a breakout in either direction! My long has just been triggered. My 2cs worth.
Building an equity millipede
- traderray replied Sep 23, 2010
Late entry — Hi Vee, As you say not much happening during your spell; for myself - having come to party somewhat late - 3 hours into London - have a different perspective on your early comments. See EuroAud stalling and coming off 4h 200 ema ...
Building an equity millipede
- traderray replied Sep 22, 2010
Personally took 1st UJ short just before close of week - my anticipation. Took a while to get going, but emas 5 & 10 widening nicely showing keenness of sellers and lack of real buying interest - plenty of momentum IMHO Ray Also from a fundies ...
Building an equity millipede
- traderray replied Sep 21, 2010
I thought the concept of stacking was directly related to your anticipating the trend correctly, minimising risk on entries and entering as low a TF as you felt comfortable with. If the trend signals strong reversal you can close out as many of your ...
Building an equity millipede