OK thanks. FWIW, I am dead keen on this subject and was actually the point I liked the most when first started with this thread. I feel it is the ultimate acceptance of uncertainty - no one knows what will happen. You are embracing that and using it ...

Building an equity millipede

Hey Graeme, may I ask why no upside price alert set? I guess you strictly have a short bias at this point, but I thought have an upper point of interest as well. With kind regards, MK

Building an equity millipede

Thanks for the reply Graeme. I'll continue to put effort into finding the right time to trade where I can get multiple successes in a row. You are also right that I am analytical and I know it is more of a curse than a blessing with discretionary ...

Building an equity millipede

Hi Fugly, My scalping was on index futures (Nikkei and Hang Seng) and I felt it was too fine a line to continue with long-term. My success varied wildly with the market volatility. When the whole subprime debacle started in 2008 I had my best ...

Building an equity millipede

I've been following this thread since the very start and right away I was in alignment with much of what Graeme has talked about. So much so that I immediately started to explore changing my scalping tendencies towards the general philosophy behind ...

Building an equity millipede

Hi Graeme, Sorry, but I should have said that my story about last week was for EUR/USD But I get all your points - thanks for the post. Merry Christmas, Matt

Building an equity millipede

The key with your above comment is IF you closed any position at all then you'd cover losses. Two weeks ago I had a rough week were nothing would stick and as such ended up down some pips. Then Monday happened and I was on the right side of the ...

Building an equity millipede

Hi there, I use New York close (1700 EST) as that is what some data vendors tend to use - Tullets, Barclays, GTIS, Interactive Brokers. With kind regards, MK PS: Welcome back Graeme - cheers to your future good health

Building an equity millipede

I've done a study on 1.5 years worth of data to examine which session 'opportunity' tends to arise on the EURO and my findings were that only 19% of the opportunity happens in the asian session. But, if you only study a small amount of data you will ...

Building an equity millipede

There is no need to be rude about it, my post was sincere. I guess I'll refrain from future comment in threads - good job. As to iamboston, VSA is one of many possible choices. Using your experience and trusting your gut/intuition is just as valid ...

Building an equity millipede

Hiya, Just something to think about. Everybody wants confirmation and we know what the majority get out of the markets. To succeed in the markets, one needs to do what the majority are not. With kind regards, MK

Building an equity millipede

Hiya HubbaHubba, Perhaps maybe you are asking for something mechanical in regards to stop losses and their management? If that is the case, you won't find that here as Graeme is using his experience to tell him what to do. Like all those with such ...

Building an equity millipede

Yes, now that you have marked it up on the chart Maybe I don't understand what you mean with this question for just as we cannot know which direction price will go (as you mention in that post and I agree with you), we also don't know when price ...

Building an equity millipede

Cheers for the reply Graeme. While I really really like the sound of the "if it's up, buy it. If it's down, sell it" mentality - I would be lying if I didn't express great difficulty in doing it. Why is that you may ask? - I live in New Zealand and ...

Building an equity millipede

Hi Graeme, A big hearty welcome back. I've been reading over the posts you made today several times and still cannot for the life of me understand if you have a current position and if you do what it is - please could you clarify? Like the quote ...

Building an equity millipede

Yeah you can place order between the spread but remember that doesn't mean you won't end up paying the spread. If no one wants to hit your limit order between the spread what you often find is that the bid/ask move a lot and in the majority of cases ...

Building an equity millipede

It's only a problem if you are leveraged too high. As per this exercise you are doing with a 5000 account doing size of 10 000 per trade it would be no major hassle to split that into a long and short account of 2500 each. You wouldn't be balancing ...

Building an equity millipede

Hiya, please excuse me as I don't want to interrupt the flow. The first trade I saw posted was a short on eur/nzd for a loss that you posted here: url Did I miss another trade you did that you are calling your first trade? With kind regards, MK

Building an equity millipede

Hey Vee, my apologies for missing that part about 1H or less in regards to my timeframe comment in a prior post. With kind regards, MK

Building an equity millipede

Great exercise and I am keenly watching. Vee, please be clear that so far Graeme has not mentioned anything lower than 1 hour timeframe but you have mentioned 15m a couple times. I think this is important because you have chosen a 20 pip risk even ...

Building an equity millipede