Building an equity millipede

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Good evening, all

Once again thank you for your patience.

Apologize for the delay. I had to get my head around the picture editing software.

I will leave 6 charts for now. These are only my personal view of the market and its long term trends.

Hope you all could see how much potential these long term trends represent.

I will simulate a few diversification through charts in the next few days.

Please allow the time to soak and digest in viewing potential profit from the usual smaller timeframes to daily, weekly, monthly. It wont be a smooth transition in most of the traders focal interpretation. Let the enlightment come to you.

Have a safe loving week.

Sincerely,

Graeme

Good evening, all

Next 5 charts is all i need for my manual entries for any currency pair. There are indicators however I assure all readers I dont rely on them at all.

But I would like to know what the other majority of traders are looking at.

Can anyone answer me why I might be interested in other traders view?

I spend most of my time/analysis on 5th chart for manual 1 hr entries.

The next 5 charts are part of my personal speculation and I request all traders to find their own battleplan. Please dont waste time and try use indicators that I have placed on my chart to help your trading. I say this again but in regards to entries, it is your own personal quest and with practice you will be able to form your very own battleplan like below but tailored to your very own focal/mental interpretation needs.

You need to create your own edge and the market will grow and reward your efforts.

Sincerely,

Graeme

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Hi pipEASY,

Many thanks for sharing your trading methods with us. By its very nature of buy/sell and hold long term its anathema to most traders mindsets. Because of this its actually very interesting and enlightening to read through your posts. I applaud you.

One question I have that is bugging me is this. To what degree would you allow a monthly trend to retrace or reverse before closing positions? For example GBPUSD retraced nearly 50% on the monthly TF during the first 6 months of 2009 before continuing the downtrend?

I think your answer is that you wont close any and that you will offset this by taking long positions during the retrace and closing those longs off when the downtrend resumes?

Many thanks

Good morning all fellow traders.

Hope everyone is safe and warm.

I would like to now place a different spin on the matter.

I have no intentions to give misleading false hopes to traders but the following charts are a realistic expectations. It could be a cold awakening to some.

These next charts will definitely disappoint some of the readers. However your disappointment derives from seeking short term fulfillments.

If you wish to be a successful trader you need to lose that type of high expectations as of now.

There is no shortcut to aladdin's cave.

Sincerely,

Graeme

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Good morning, pipz4me

Thank you for the warm remarks. It makes my efforts worthwhile.

Yes, you are correct to say that I will take profits on both downtrend and uptrend. Some retrace/correction like the gbpusd can last weeks or months. However it takes alot more to change my views on the main monthly trend that started from end of 2007 for gbp/usd.

However, nobody knows when a correction/retrace could be the start of something huge. Hence, I will enter market both buy and sell in such anticipation. Market is my judge and I follow its verdict.

In regards to how long I will hold onto my long term positions. It depends on personal threshold.

One of the options in diversification is also close out 1 or 2 of the biggest leg in the largest group of positions to add huge gain into trading balance. There is no rush to exit. I believe for gbp/usd, I did close out 1 of my largest legs from my biggest group somewhere in the middle of the prolonged retracement of 2009.

I still hold almost all my sell positions intact.

Last 1-2 months for gbp/usd has been a good uptrend. I have a group already forming on this uptrend. This could be start of a something huge and I will let the market show me its intention.

Sincerely,

Graeme

The way i understand it is that he has developed a skill in regards to entries. The light bulb is beyond the scope of this forum. Perhaps theres a 10,000 entry rule

Now that I think about it... I'm good at only 1 entry. Why....??? Because its the only entry I've ever put a significant amount of time into.

BDC