Can i explain my reasoning . I think i can safely assume 10 cents a pip is not most peoples ideal position size. Say $1 a pip is for $1000 dollar account. my goal is to have a mini lot on with minimal risk. based on my goal position size of a $1 a ...

Building an equity millipede

Thankyou for your response can you tell us how long you been testing this and a bit about your results please. Sorry if people feel this is off topic but i feel we are all looking for entry system that works best for us and at the moment thats the ...

Building an equity millipede

I find your post inspirational but can you help me understand this:- One trade that had at one hour become -1200 is now +11,000!!!!!!! I for one would never have a -1200 pips position in live.

Building an equity millipede

Thankyou for your reply to my question . And ----watching my legs grow - its more exciting than any tv show!!! image __________________ it rhymes too lol

Building an equity millipede

Me too been thinking enter with minimum position on daily a position that can take the daily range without hurting too much if the trend suddenly changes? 140 pip range on micro = $14.00 for monthly range of 750 pips $75 per micro Instead of stops. ...

Building an equity millipede

Were is the sar zone you speak of please?

Building an equity millipede

Any chance of giant red candle like yesterday at this time? Remember push push bang down 80 take that suckers!!!!

EURUSD

30 pips down 60 pips up am dizzy lol all in 1 hour Record doji high low ?

EURUSD

url Maybe will help? reaveraging if your confident of the trend?

EURUSD

url This seems to how some of the experienced traders see entries not as a single entry. But based on splitting your position into smaller pieces. then your entry is based on your average price. Gives a lot more flexibility on entries. After all ...

Building an equity millipede

Just to comfort you vee there is a lot less posts on the threads that i follow my interpretation is that traders are all taking losses at moment. Yesterday eur/usd near london close 1 hour candle down 90 pips,open chart today up 200 pips. Your doing ...

Building an equity millipede

Can i point out kevin the theory is fine "if" you get them to be but you have to drastically alter your r/r figure. Based on 10 pip losers. Based on 1:400 v 1:50 $1 a pip. 1) 1:400 = $10:$25 40% per trade risk/margin 2) 1:50 = $10:$200 5% per trade ...

Building an equity millipede

Fishy= dont feel right

EURUSD

its not easy you can come unstuck in a big way when the break occurs. for instance your taking profit on your long at the top entering a short for the ride down oops its a volatile breakout 80 pips no stop we just seen it happen.

EURUSD

Going for record of longest hourly candle .

EURUSD

do all the analysing you want lol. someone presses a sell button and its all for nothing

EURUSD

whats causing the large red candles?

EURUSD

perfect to pick up cheap entry especially since it was news driven and on the chart it happened once already imagine if you entered there .

EURUSD

Thankyou for the link,read it all ,seems to be what we are being taught.

Technical Analysis Fallacy

I thought through what i read in various articles spikes are caused during news and highly volatile events by a gap between buyers and sellers so if you have a market order you get a fill at the next best price which if people cancel there orders ...

MB Trading Futures - Introduction