It looks like you think that the underlying principle is the same for both strategies. That is simply not true and I just explained why it isn't true in my last two posts.

Building an equity millipede

That would be true for the equity millipede strategy. With the other strategy you make losses bigger when the price goes against you. Dreamliner has shown that very clearly with the charts that he posted. His strategy is not about minimizing losses ...

Building an equity millipede

No the approach isn't the same. There is a very big difference between using large stops and adding to losing positions, and using small stops and adding to winning positions. With the first approach you risk losing a lot when price touches the ...

Building an equity millipede

Maybe a little but the strategy is very different. He adds to losing positions and have a large stop loss. In the equity millipede strategy you should only add to winning positions and have a tight stop loss. There is no doubt in my mind that the ...

Building an equity millipede

Here are my current trades. A total of more than 2500 pips. How are you doing?

Building an equity millipede

Ayondo was included before but I removed it because I have read that it is a requirement for signal providers to make at least 15 trades and have a 1 % return in the first 30 days. With the equity millipede strategy that I am using it is very likely ...

Social trading sites

I agree. Not because of what I see on the chart but because of diverging monetary policies. The U.S. will probably continue to raise interest rates and create more demand for american dollars. I think that EUR/USD could go to 1.05. I already have 4 ...

Building an equity millipede

Hehe. Now I can close all positions for a total profit of over 2000 pips after subtracting losses

Building an equity millipede

I guess this thread is dead. To anyone reading this, do yourself a favor and test this trading strategy. I currently have open positions on zulutrade with a combined profit of more than 3000 pips. After subtracting all my losses that's a profit of ...

Building an equity millipede

It didn't happen immediately. In fact it rose a lot but look at where it is now almost 6 years later. How much could you have earned by looking for selling opportunities just a few years ago? People using the equity millipede strategy could have ...

Long term price action traders (all markets)

Here is what happened with the EUR/GBP setup. I hope that someone made a lot of pips on this one. It almost couldn't have been more perfect. Especially for people using the equity millipede strategy.

Long term price action traders (all markets)

Hey. Original poster here. I no longer use point and figure charts and I suggest not wasting too much time on so called technical analysis. It can be much more profitable to look at the fundamental factors affecting exchange rates and try to figure ...

long term point and figure charts

This is probably the best strategy that I have ever read about. Instead of trading in both directions I look at fundamental factors and try to figure out which direction a currency pair should move and then I only trade in that direction. I have ...

Building an equity millipede

In 2016 i think that a lot of money can be made by shorting EUR/USD due to diverging monetary policies. QE in europe and rising interest rates in USA.

Building an equity millipede

By looking at the weekly and monthly chart it was obvious that there was a good chance of a reversal. I couldn't have predicted that the downtrend would be so strong but there are several periods where strong trends could have been predicted based ...

Building an equity millipede

This strategy on USD/CAD would have been worth a fortune for the past few months. The red lines are where you could have entered the market based on 4 hour down candles. 18 trades in total. A 10 pip move would be worth 180 pips and 100 pips would be ...

Building an equity millipede

I have recently started testing the method on zulutrade. I just follow the direction that scotiabank thinks some of the currency pairs will go.

Building an equity millipede

I'm trying to code this simple EA in metatrader 4. It can be backtested as long as it is a USD pair but I'm having some difficulty with calculating my exposure to USD and to JPY.

Maybe a profitable system (coding needed)

I guess the simplest way to do it is to sell 50 % of the account currency for some other currency. If I for example start with 100.000 USD and then open a position where I sell 50.000 USD for yen. Now I have 50.000 USD plus yen which are also worth ...

Maybe a profitable system (coding needed)