Hi Musanto, I am long too but I went in off LV 83, so my entry was at 1.2688. I didn't post it as my entry is more aggressive and carries more risk as I don't wait for a swing of at least 20 pips to develop. I use a hard stop of 20 pips so am still ...

The System II (Yes with irony)

GM all. It's NFP day and it looks like the chop montser will be around for a bit. I am just going to be a observer for the next couple of hours before I leave for work. Bak

The System II (Yes with irony)

Good luck Musanto. I am out at BE for my last trade. I am now flat and finished for the day as I have to go out to work soon. Bak

The System II (Yes with irony)

I am in as well at 2803 from my LV at 2807. Hard stop at -15 but will move it when I see a V shape form further below. edit. 8.16 am . SL moved to BE as it had moved +17 from my entry. edit 2 8.31 am. Long order at 2805 above LV 2800. Short trade ...

The System II (Yes with irony)

It's interesting that you use a swing of 30 to 50 to look for a trade. Do you find this helps you to minimise the fakeouts? I guess it's all down to one's risk tolerance. One can be more conservative with entries but at the expense of missing out on ...

The System II (Yes with irony)

Hi Musanto, Yah I am too fast and aggressive in my entries. I had a re-entry at LV 96 but withdrew it as I thought it was too choppy. I will look for a manual entry on a retrace back to the breakout point but this is not in line with the strategy ...

The System II (Yes with irony)

GM. My first orders. Let's see how it developes. Edit - Long oder moved down 1 pip to 2802 (new LV @ 2907) Edit 2 - Short triggered. SL moved to 2797. 13 pips risk. Long order moved to 2797. LV 92 Edit 3 - Short order taken out for -13. Long order ...

The System II (Yes with irony)

Hi Musanto, Well my short was triggered and it bounced back right away. I managed to close it for a -11. I would normally have given it another shot at the new LV2788 but as I am busy with other things right now, I will give it a miss. Yes, I do ...

The System II (Yes with irony)

My chart for a pending trade. Looking at LV 2793 for a reversal. This is a bit risky as last week's high is just below at 2778. If it breaks, I will be looking to tighten up my stop when it approaches 2778 in case it bounces.

The System II (Yes with irony)

Hi Graeme, Thank you for the above post on emotional hurdles. It came at a right time as I have been feeling it much lately especially when I have had some good trades of 100+ pips go to breakevens. It is emotionally hard now but I can see the ...

Building an equity millipede

Second sell position at 2644 now moved to BE. Looking to stack again on break of support. But looking for tight entry so will enter on retrace. Edit - second sell position taken out for BE on the retrace. Edit 2 - Remaining sell positon taken out ...

Building an equity millipede

EURUSD. Sell limit placed at 50% of large down candle candlefor my first stack after breakout entry. Breakout entry now moved to BE. Previous to this trade I was on a long when it bounced off support but ws eventually taken out for -10

Building an equity millipede

We have a volatility breakout with EURUSD taking place at the moment. Short position taken at 2653, 5 pips below support.

Building an equity millipede

Hi jdcabona, You will find the explanations on FB from this page onwards. url However, a friendly advise to new readers would be to read the thread from the start so you will reap the full benefits of the lessons within. Graeme has put in a lot of ...

Building an equity millipede

Awesome posts Graeme ! It gets clearer and clearer each day. Thank you so much. Bak

Building an equity millipede

Well said Pipsearcher. Bak

Building an equity millipede

Petar , this thread is about infinite yield and if you understood that, you wouldn't have asked your question. You haven't even finished reading the thread to form your conclusion. But to each their own. I am sure you are very happy with your ...

Building an equity millipede

Now I understand "The inside of the inside" ! Outstanding educational posts as ever. Thanks Graeme Bak

Building an equity millipede

Hi Nar, Are you sure? Why should you be banned? I haven't seen any controversial posts from you which could have caused such an action to be taken. I am sure Fxa will set the record straight and make a post at his thread and allow you the right to ...

The System II (Yes with irony)

Hi Prospero I find your post very insulting to Graeme who already said he is genuinely here to help and for no financial gain. How dare you put him in the same category as the alleged scammer Jacko? If Graeme were to start charging for private ...

Building an equity millipede