fib levels on 5 min chart — Morning Graeme, Can I ask when we were trading live last night you kept refering to fib level retraces on 5 min chart. Do you add these levels after the end of each 5 min candle? Or do you just have a rough idea in ...

Building an equity millipede

Im short on Eur/Yen after 50% retrace on 4hr chart trying to use the wick!

Building an equity millipede

Thank you Graeme for your support you are a great mentor. Regards, Ben

Building an equity millipede

Yes it broke through with a nice long bullish candle but then stalled so I have not entered again yet

Building an equity millipede

Eur/Chf is going well this is my longest serving leg its from all the way back to Thursday! I had my first successful stack on it earlier this afternoon. Both stops at B.E. let the gods decide! I have had a couple of small losses today but seeing ...

Building an equity millipede

Its hard to keep track of everything on 5 min they can hold you in a trance if your not carefull.

Building an equity millipede

Sorry Graeme I missed this post! Ill follow your advice thanks

Building an equity millipede

Looking at daily its stalled a few times at 82.50 in recent days needs to clear that if not it could head south!

Building an equity millipede

Im waiting to see it clear resistance at 82.50 if it does I am moving stop to be and look to stack

Building an equity millipede

Hope so! Starting to stall on 5 min though will have to wait and see.

Building an equity millipede

Just been taken into my first "volatile breakout" on Chf/Jpy 4hr chart. Lets see how it works out. If it closes above I will zoom in to 5 min and try some stacking of positions. Regards, Ben

Building an equity millipede

Moving Support to B.E. — Hi Graeme, Could you please share with us when you move the stop to B.E. on the 5 min chart? Do you just do it from feel or do you have a set number of pips? Regards, Ben

Building an equity millipede

Managed to get my two entries to be this morning. I must admit its a great feeling to have risk free trades on the board. I dont care if they die( one just has!) My priority is just getting the stops to zero.

Building an equity millipede

Building positions — Morning Graeme, You mention that there is sometimes volatility on yen crosses. This appears to be happening this morning. When it happens do you try and build positions on multiple currencies or do you concentrate your ...

Building an equity millipede

"Maybe I am hitting some sort of psychological barrier. Can someone give some actual examples of multiple entries they took last week? I guess I am still searching for that one thing and it would be nice if it was something that occurs several times ...

Building an equity millipede

Flying Buddha — Hi Graeme, Your flying Buddha post is great, it confirms to me that in this game you must accept that everything you do is a gamble of sorts. The key is to minimise your losses and let your profits run. For some reason the ...

Building an equity millipede

Hi Graeme, When you stack positions do you have a particular scenario? For instance do you stack on every .00 break? Or do you wait for retrace on 5 min chart and then stack with momentum? I am finding it hard to get great momentum until London ...

Building an equity millipede

Hi Jashano, If you read my post again you will see that I dont risk 2% of my balance on one trade. 2% is the maximum I will risk at any one time. I could have 5 trades at 0.4% each. As for the smaller time frames I truly believe that good entry on ...

Building an equity millipede

That's the plan. That's why i'm so keen to sharpen my entries. Untill I know im getting good results through skill rather than luck then Im staying on demo. Regards, Ben

Building an equity millipede

Hi Songbo, I am only doing this on a demo account but my plan is to only have a maximum of 2 % of my account at risk at any one time. I am trading 2 lots at a dollar a pip each lot. My account is 50,000 so if my stop is 100 pips then I can have 5 ...

Building an equity millipede