Hi Stew... I'm not great at being succinct, I think what i'm trying to say is the trader needs to have the mindset that TA is fallible and can never be a certainty, then he can switch his focus to what really makes us profit. Random events (buying ...

Building an equity millipede

slightly annoying guy, but another example of how we fool ourselves to protect us from what we don't want to accept. Who wants to accept that they're relying on guessing for our financial wellbeing? As soon as you accept that your analysis is ...

Building an equity millipede

Just ignore him Calculus. Over 1000 pips up for the week, doesn't matter his opinion, only profit matters in trading. image

Building an equity millipede

The important part is knowing that the analysis can not be relied upon to make you profit, profit comes from having winners bigger than losers. People who believe in TA tend to think profits will come from them/their system being right more than it ...

Building an equity millipede

video

Building an equity millipede

pm'd you.

Building an equity millipede

Crappy trends right now, still up around 1200 open pips, banked 150 (not a great decision) and about 500 costs.... Decent start, but potential is much higher if we see some trends develop. Considering other trend/bias indi's at the moment (always ...

Weekly/h4 trend trading - flow

1.I had decided the trend was short on the higher TF, So I'm looking for the highs to sell into that trend. I'm often wrong but If I hold the winners it won't matter. 2.Because I sell at the highs if I am right then I will get the best RR and stand ...

Building an equity millipede

EA H4 shorts. +800 so far guess where the high is in a down trend and then wait. You don't have to hold forever, but successful traders do not trade intraday. image

Building an equity millipede

I'm pretty sure more has been lost using TA than won, remember for every winning trade there will be a losing trade... I think the important point to grasp is we are only guessing when we enter the market because all we have to go on is the past, ...

Building an equity millipede

You mis-read there: I said, using past price to predict future price is stupid, anyone with some basic math knowledge will know you can't use variable A to find Variable A.

Building an equity millipede

great post calculus... Knowing where the losers are is key, the majority are usually wrong.

Building an equity millipede

the only skill required for entry is location, you must enter where price has a good chance of surviving. Buy new lows, sell new highs --- then wait. All that technical analysis stuff is bull, you can't use past price to predict future price, that's ...

Building an equity millipede

great post sir

Building an equity millipede

I think Graeme suggested he would take an entry and if it didn't go his way quickly he would just close it out. He also suggested moving to break even fairly quickly. Im looking for the high of the day (or week) in a downtrend and vice versa in an ...

Building an equity millipede

gold daily / closed on the ma / had to make a decision on bias, decided on short Terrible period for trend trading, but just need patience and discipline... DAILY image H4 short image

Weekly/h4 trend trading - flow

thanks, nice post!

Weekly/h4 trend trading - flow

SP500 H4 long image

Weekly/h4 trend trading - flow

I would like to say it was based on some deep understanding of the fundamentals and on some quantifiable data... but really I just picked a mixed bag that covers most of the majors and that have shown a tendency to trend. I'm in a transitional ...

Weekly/h4 trend trading - flow

not planning on doing any strategy explanations here Ruby, but im just buying / selling the pullbacks in higher TF trend. One entry will be a swing trade and one will be to build a position in the trend. Very simple trend trading with focus on ...

Weekly/h4 trend trading - flow