Thanks Simon - I got that message as a main part of the thread but if you look at wiz's 2 posts. One is a daily chart and you can see on the daily that the area he says to omit was resistance LAST yet he says to omit it because of a small re-test on ...

Fail Better

Does anyone know?

Fail Better

Hi wiz, I have read the thread from the start but not attended the webinars due to my timezone and I cannot see why you would omit the daily level at 97.74 to instead take 96.32. Maybe you could elaborate for me With kind regards, MK

Fail Better

Hi dongsky, Welcome back and nice to see you posting again! All my best, MK

My trading journey

Heya V, I agree with the trizzle that this topic could be a dangerous and massive distraction to the thread content as it has been known to start holy war crusades on trading forums! Yes, the price action that has happened is lagging to some extent, ...

Building an equity millipede

Hey V, May I also suggest that you track if moving to BE so quickly actually benefits your entry approach. For my own entry approach, it is a severe detriment if I try to move it after getting on the plus side by some arbitrary pip number. Moving to ...

Building an equity millipede

Hi V, I'm not sure exactly what you are asking here as there is no objective trading approach in this thread, so if they are following the posts here any edge is due to the traders discretionary abilities. Your edit excluded what in IMHO is the main ...

Building an equity millipede

Awesome result for the day, dongsky! I do think you got a little lucky on the TIC data release - that sure paid off for ya!

My trading journey

Thanks 1234 and dongsky, I will take those into account for the future

My trading journey

The short scout was in positive territory by over 20 pips before I added the attack....it's just the attack went against me right from the start - that is what was nerve racking! :-( Yeah, I'm not seeing anything clear at the moment and will wait. ...

My trading journey

Sorry dongsky, I think my chart confused you a little. The second yellow arrow is not related to the attack sequence I described. That is a new scout and I should have removed that from the post - sorry. The attack entry was early on the pullback ...

My trading journey

Attack pains — Hiya, This is my usual fairly frustrating result when I choose to attack. The yellow arrow is my scout position that put me short at 1.4061. The yellow line is where I added to attack at 1.4041. Both entries were at 1 unit ...

My trading journey

In your personal experience that you are describing above, you are saying that your are consistently doing 3x20 per day? If not, then how can you compare your personal experience to my query? Also, as I said in my prior post - I know what the point ...

Building an equity millipede

Good morning all, Yes, I understand the point of the exercise was to improve price interpretation and get your trades to BE. I'm in no way questioning the goal of the exercise. My question was more of if one could master the exercise, why would you ...

Building an equity millipede

Hi all, I'm going to ask a question that has been nagging me since Graeme first mentioned the 3x20 pip exercise early in the thread. If anyone can successfully do 3x20 pip per day, why bother at all with this long term trading approach? Grabbing 60 ...

Building an equity millipede

Thanks Dongsky, that does indeed help. I wasn't sure if you would continue with rescue operations or just exit after the attacks started to fail - now I see that your approach is to at least try some sort of rescue before giving up on the trade. ...

My trading journey

Cheers Dongsky for the reply. All that you said is what happened indeed, but I was more curious to explore the scenario about how you would have managed the position if you were wrong. Maybe it's just me, but I have this horrible tendency to be ...

My trading journey

Hey Dongsky, I've been thinking about your above chart all day. I can't make out the exact entry prices of those 3 shorts but they all look pretty close together. I can see how that attacks like this are great when they work, but I can't help ...

My trading journey

Indeed it appears to be - well traded I only had one probe on and again failed to add any attacks as it never moved against me after putting the trade short at 1.4452. Easy to say in hindsight that it was of course safe to attack ...

My trading journey

Hiya V, I have reverted back to my similar MM approach that I was doing when scalping index futures except on these bigger timeframes. I've never done well with a black and white all in/out approach and even though I know it is sub-optimal versus ...

Building an equity millipede