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paul1 replied Sep 6, 2010eur/jpy — Not much happening on eur/jpy Trying a short on eur/gbp see what happens.
Building an equity millipede
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paul1 replied Sep 6, 2010Totally agree personaly i use 2 times average true range of the chart I'am entering on or top of previous candle depending on price action.
Building an equity millipede
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paul1 replied Sep 5, 2010url Found this,Just a bit of background to what behind price action. I think the big moves are made by large companies who need a particular currency to do business with other companies not by speculative currency traders like us. Therefore i ...
Building an equity millipede
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paul1 replied Sep 4, 2010eur/jpy — Unfortunately this week was get to know platform week really for me. but generally my weekly hinsight was based on eur/jpy reverse long wick candle the previous week. saying that this was likely t go up. when a pair is about to ...
Building an equity millipede
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paul1 replied Sep 3, 2010I think our intial weekly analysis on eur/jpy. looks even stronger to bullish side,last week bullish reveral candle and this week tried push down again but has ended again in another pin bar. but this weeks pin didnt get as low as last weeks. So I ...
Building an equity millipede
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paul1 replied Sep 3, 2010congratulation am happy for you. The reason I ask about demo Is because graeme suggested we may like to get used to the method on demo till were happy with the ins an outs of this method. Fair play to you mate get the bull by the horns.
Building an equity millipede
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paul1 replied Sep 3, 2010What you gonna do now knowing it was based on news and likely big retrace you taking some profit while leaving you biggest leg on maybe? Or maybe taking some shorts to hedge ? want to get a feel for what people gonna do with short term gains or ...
Building an equity millipede
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paul1 replied Sep 3, 2010eur/jpy — LOL just implemented the volatile move strategy but with 10 pip s/l. triggered my limit buy order came back took out my stop then shot up 100 pips.
Building an equity millipede
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paul1 replied Sep 3, 2010eur/jpy — Hello everyone, Had a few hiccups with new platform and broker. Been trying few different entry tecniques. Gonna try on eur/jpy Entry with 10 pip stop at 20 pips in profit set to break even plus 5. And focus on refining my entries. ...
Building an equity millipede
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paul1 replied Sep 2, 2010eur/jpy — To be fair to us. Looking at the range on the last 3 weekly candles on the most popular pair eur/usd and the one I'am on at moment eur/jpy. they have not had big bodies compared to some of the previous candles and they have been big ...
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paul1 replied Sep 2, 2010surely the one hour candle growing longer is a trend of 60 one minute candles or 12 five minute candle. for intance a pin bar on one hour time frame is a series of shorter time frame candles closing and showing short term trend up and reversal ...
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paul1 replied Sep 2, 2010I see the one minute time frame as a benny hill version of the weekly. If you watched benny hill at the end of the episodes he gets chased by people in fast motion. If you watch the one minute you see all the patterns pin bars, All the signs you ...
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paul1 replied Sep 2, 2010Cheers graeme it does make sense . just have be patient an wait for a trend to grow my entries e/j ranging a lot big ups big downs apart from monday. In fact its stuck like super glue to 108.00 at moment
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paul1 replied Sep 1, 2010I think what people are calling hedging greame uses as he said earlier you never know when price will reverse So he places long an short as price allows gets em to break even if possible . the ones that survive determine the trend eg. longs survive ...
Building an equity millipede
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paul1 replied Sep 1, 2010My platform allows me to hedge with american brokers. Its just the fifo bit really not being able to pick which entries go to b.e. last in first out would be perfect for this method.
Building an equity millipede
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paul1 replied Sep 1, 2010your first position would be a survivor maybe second taken out at b.e. and so on But with this fifo rule my stop would take out the survor (first entry) leaving the one i wanted to take out. my initial entry price would move closer for every b.e. ...
Building an equity millipede
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paul1 replied Sep 1, 2010Hello kevin and any mbtrading users just spoke with mbtrading and this method is not possible with them . I opened an account because they seem to have good comments from there customers. I intended going live with this method. They say due to nfa ...
Building an equity millipede
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paul1 replied Aug 31, 2010Agree been a rough day getting stopped out but . most longs would get stopped out by that big sell off. just got wait for it too break one way or the other. am focused on this pair for this excercise .
Building an equity millipede