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Building an equity millipede

Quoting VEEFX
{quote} I left this thread a long time ago. Building long legs had it's charm until I got better at stacking aggressively making 1000+ pips in less than a week trading events. Hope others have found success from this thread. It's the only thread I would recommend reading more than once. I read every post more than a dozen times lol EDIT: I am no longer trading Spot FX since last September by moving to Futures. I saw this street in Pittsburgh over the weekend and thought of visiting this thread :- {image}
But is there a book or not
Quoting Mandariin
{quote} But is there a book or not
How the hell would I know? He just disappeared after his last post! What else do you want to know that is not clearly and repeatedly conveyed in all his posts? It appears free information is not good to most until we pay someone to hear the same shit. "Cut losers short and let winners run to grow Equity" is as old as Stone age! Graeme showed us how as well. I doubt you will ever read anything more elsewhere.
Staying in my lane...
Quoting VEEFX
{quote} How the hell would I know? He just disappeared after his last post! What else do you want to know that is not clearly and repeatedly conveyed in all his posts? It appears free information is not good to most until we pay someone to hear the same shit. "Cut losers short and let winners run to grow Equity" is as old as Stone age! Graeme show us how as well. I doubt you will ever read anything more elsewhere.
Sorry.

As much a I read from this thread that you where "closest " person , mentee for Graeme.
If anybody know about the Graeme book I though it will be you.

No worries I will dig deep into this 9 part series
https://www.forexfactory.com/showthr...1#post11859571
Quoting VEEFX
{quote} I left this thread a long time ago. Building long legs had it's charm until I got better at stacking aggressively making 1000+ pips in less than a week trading events. Hope others have found success from this thread. It's the only thread I would recommend reading more than once. I read every post more than a dozen times lol EDIT: I am no longer trading Spot FX since last September by moving to Futures. I saw this street in Pittsburgh over the weekend and thought of visiting this thread :- {image}
The way the world works and the way we are reminded of things will always be interesting to me. I'm glad to hear you found your edge in the market and found this thread useful as I am currently trying to find my way. I won't ask you for your "stacking aggressively" strategy, as it seems no matter what you tell someone when it comes to trading they aren't going to learn until they put the work in themselves. Just curious, are you a FT trader? That is a dream that I hopefully one day make a reality.

Happy trading,
Beef
Quoting dodomir
Graeme Posts Only. Complete With All Charts. {image} {image} {image} {image} {image} {image} {image} {image} {image}
thx for the pdf
gream I genuinely tested this for 3 years and now I'm using it and it works. Thank you I read the pdf for 6 times
Im back with millipedes after over a year of break from it. In the meantime I tested several different strategies, but with this I had the best success.

Down you can see my current open trades for this week. Net profit is around 117 pips, but Im sure following next several weeks it will grow. For trades Im using daily candles.
Attached Image (click to enlarge)
Click to Enlarge Name: Profit after first week.png Size: 75 KB
@chrobakz, are you using the flying buddha for entries on the lower time frames, or are you using your own entry technique?
Quoting 5GCapital
@chrobakz, are you using the flying buddha for entries on the lower time frames, or are you using your own entry technique?
Hi, I'm using my own technique on the daily time frame. I'm looking for outside bar. For long it must close above the previous candle high and vice versa for short.
Hello Everyone,

if it starts to breakout at h4 volatility, I close m5 candle then I open a position and I wait for it to go further then I open a position for each m5, after opening 6 positions I wait for it grow 100 pips more then I close 50% of the positions I wait for remaining positions to grow. While waiting for them to grow I keep open positions considering 00 and MA 200 at h4 (for reverse volatility breakout at h4 I do the same ) The problem is you have to wait on the computer because you don't know the breakout point.
Hi,
Would anybody seriously considering trading this way be interested in starting a Telegram channel??
I have been using this method with my own fundamental analysis and so far it is working quite alrite
Quoting zonalmarking
Hi, Would anybody seriously considering trading this way be interested in starting a Telegram channel?? I have been using this method with my own fundamental analysis and so far it is working quite alrite
I defos would be up for that
Quoting zonalmarking
Hi, Would anybody seriously considering trading this way be interested in starting a Telegram channel?? I have been using this method with my own fundamental analysis and so far it is working quite alrite
I’m in
Quoting zonalmarking
Hi, Would anybody seriously considering trading this way be interested in starting a Telegram channel?? I have been using this method with my own fundamental analysis and so far it is working quite alrite
Im in, but Im not starting group. We can use discord as well. What is your funny mental analysis? How many positions holding, what time frame you using?
Thanks
Quoting Chrobakx
{quote} Im in, but Im not starting group. We can use discord as well. What is your funny mental analysis? How many positions holding, what time frame you using? Thanks
Cool stuff, I'll open a discord server today and send you guys d link on PM.
Chrobakx I basically use Fundamentals and Macro to look for reasons why something is trending or about to trend, after that I basically just use Graeme's methodology in building my equity millipedes to hold them till the underlying macro or fundamental outlook supports the trade idea. I use Monthly/weekly/daily charts for the trends. As for entries i am currently using a breakout system on 4h/1h/m15 charts, I've also used volume profile once a while on entries. I am still working on my entry system so maybe once we are all in the discord server we can bounce around ideas for entry systems
Morning all.

Here is the update after two weeks of my millipedes. Honestly I did not expected to be performing so well. Looks like I catch all major trends, the pound dive, Australian dollar, Japanese yen.
My target is 5000 pips. If I can get them, Ill close all trades and will rise my lot size.
This picture is from this morning, floating net profit is 2368 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: Profit 02.8.19 rano.png Size: 119 KB
This is a link to the discord server
https://discord.gg/gUv85qU
Quoting Chrobakx
Morning all. Here is the update after two weeks of my millipedes. Honestly I did not expected to be performing so well. Looks like I catch all major trends, the pound dive, Australian dollar, Japanese yen. My target is 5000 pips. If I can get them, Ill close all trades and will rise my lot size. This picture is from this morning, floating net profit is 2368 pips. {image}
Hello again. I just hit my target 5000 pips, in 15 days!. Stage 1 complete. Here I used very conservative MM, Let see if I can replicate same results again.
Attached Image (click to enlarge)
Click to Enlarge Name: target hit 5000 pips in 15 days.png Size: 48 KB
Quoting Chrobakx
Morning all. Here is the update after two weeks of my millipedes. Honestly I did not expected to be performing so well. Looks like I catch all major trends, the pound dive, Australian dollar, Japanese yen. My target is 5000 pips. If I can get them, Ill close all trades and will rise my lot size. This picture is from this morning, floating net profit is 2368 pips. {image}
Looks like you trade all the pairs. In any case, well done on your achievement!
Quoting rescuenava
{quote} Looks like you trade all the pairs. In any case, well done on your achievement!
Yes all 28 pairs. Thanks
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