Hi Hamzah, I don't know of such tool and really wonder if one needs an indicator to spot a gap. Or am I missing anything?

Gap Trading

Completely agree. Have you tried the KOSPI? Hangseng is the only index I have tried for a significant period.

Gap Trading

I don't know of such broker yet, but you are the one to decide for your strategy. For yours truly that would still be gambling. I try to have a clue as for the direction before acting.

Gap Trading

Very dangerous, more gambling than trading IMHO. Remember the spreads can be 10 times their regular figure at that time. At times pairs behave like when the NFP figures are released.

Gap Trading

Hi Steve, Talking of Hang seng, looks like depends on which broker your are with. I know one that gaps almost every day and one that is continuous. Do you trade it? I tried and failed miserably.

Gap Trading

Hi Krumpip, Looks like Oanda is very reliable for gaps. On sundays I can see them quoting way before all the others I know of. For instance, this sunday, I had chosen to trade N/J. It opened with my broker around 67.45. Having watched it trade as ...

Gap Trading

Hi Gappers! — C'mon, gap traders! is gap trading dead? nobody gap traded since april, even those huge gaps this week end? I took the one on nzd/yen, for a mere 20 pips Could have got the double, but my hands shooke . One question now: why do ...

Gap Trading

Oh yeah! let's celebrate the first anniversary: "so, Millipede, God go bless you, give you long long life, give you many many birthdays again, ohhh!"

Building an equity millipede

Great achievement, Ray! Can you tell us the main points of difference of your style ? Good day Muntu

Building an equity millipede

Hi Darko, To some point I am with you to say that Graeme's method, being based on T.A., can be applied to whatever instrument you wish to trade. I myself have posted charts of my crude oil trades here. But my longest run so far (500+ pips) was with ...

Building an equity millipede

Ah oui qu'il est mignon, le chat de notre Gelluck national ! True Master Graeme gave the essential in the first pages.

Building an equity millipede

Completely with you, Lawgirl. If I read well, Samuel Graeme is a victim and not the author. But some thing might have escaped my poor command of English.

Building an equity millipede

News from the EUR/AUD trade — Good and bad news so far in that trade. The good ones: I am still in it, albeit with the bare minimum, and the trend seems to be resuming. Bad news is I stacked very heavily at some point, then the (bad) news of ...

Building an equity millipede

Hi Edd, I am yet to understand much about hedging myself, but I believe it is going long and short one instrument at the same time. Here we are talking about adding to a position in the same (wrong) direction. Best Muntu

Building an equity millipede

Hi Scotty, I support your proposition, only I would prefer we start off via e-mail correspondence, as I still have some problems with English by phone BTW, if you are residing in Europe and ready to share a trading session per Graeme's teachings, ...

Building an equity millipede

Averaging down means adding to a losing position, a position that has not yet gone the intended direction but instead has started going opposite, and you add to it instead of taking your loss and move away. Best Muntu

Building an equity millipede

I have often found that having not respected 1 or more of the 4 cardinal rules of trading brought me problems: 1-trade with the trend 2-cut losses short 3-let profits run 4-never average down. I agree , they are easier stated than followed, but ...

Building an equity millipede

EUR/AUD trade update — After 2 failed probes of 20 pips each, I finally sold the eur/aud pair at market price 1.3744 before going to bed last night, as the European rate release and Mr Trichet's speech had occasioned a pin bar right at the ...

Building an equity millipede

Hi Geoff, amazing job for a couple of weeks! very well done, go ahead, I plan to seriously follow you.

Building an equity millipede

Related or not is personal religion — Hello, I was among those interested in the COT discussion here and I still believe it can well help filter trades picked with any method, included what is taught here. It might have escaped me Graeme ...

Building an equity millipede