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Building an equity millipede

Quoting dreamt1me
Well, ye i understand what you mean, but RR is much better if i trade through 5min charts.
Hi,
It's about your experience in entry. Great and Enjoy
Quoting Tom29
is thismethod still working please?
thought u said u are done scouting for strategies?? why asking this type of question bro
Up to page 15 on this thread. Really enjoying it. Did anyone perchance save the charts? The links are all old, and I can see that pipEASY hasn't been active on this forum for a few years now.
Don't worry about my last post. I found this:

Quoting Eklavya
Folks..I am attaching all of PIPeasy's posts in a pdf file. Please PM me if you are unable to download the file... http://www.mediafire.com/?nzhyiod0jk6b20c
Dear friends,

I have always seen the big move like between 80 - 400 pips in EURUSD. It is like 80 pips move up just a moment ago.

Why is there frequently such move of near 100 pips?
Is this price action done by the institutions?
Is such price action done by auto trading ?

I noted in some scenario, the move takes away my pending orders easily if I place stop loss on my pending orders. Is this price action intentional to take away the pending orders?

In your trades, what will you do to these price actions?
Will you profit or positions from the big price action?

I eagerly seek your professional observation to the above, Thanks.

Sincerely Yours
Artrader
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I guys, anyone is still using this way of trading? how you doing if so?? I've started a micro account just to test few months with this trade approch.
This is a wonderful system. I have been trading it on and off for a couple of years now. There were some fantastic profits made, but it felt as if it lacked more direction.

I can across this thread: http://www.forexfactory.com/showthread.php?t=576707 and it re-sparked the interest for me. I would highly recommend reading it. I use a different trigger than he does, but the concepts are all solid.

GREEN pips to you Good Sir.
Thank you SmoothTrader! I'll gonna take a look!
Does anyone use Fundamental analysis for this method?
Fundamentals will show you the way.
Also, focus on Strong/weak currency, this is where trends occur.
The mind is the trader's ultimate edge.
Quoting LivePips
Does anyone use Fundamental analysis for this method? Fundamentals will show you the way. Also, focus on Strong/weak currency, this is where trends occur.
I have recently started testing the method on zulutrade. I just follow the direction that scotiabank thinks some of the currency pairs will go.
If slaughterhouses had glass walls, everyone would be a vegetarian!
This strategy on USD/CAD would have been worth a fortune for the past few months. The red lines are where you could have entered the market based on 4 hour down candles. 18 trades in total. A 10 pip move would be worth 180 pips and 100 pips would be worth 1800.
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If slaughterhouses had glass walls, everyone would be a vegetarian!
Quoting Gambler180
This strategy on USD/CAD would have been worth a fortune for the past few months. The red lines are where you could have entered the market based on 4 hour down candles. 18 trades in total. A 10 pip move would be worth 180 pips and 100 pips would be worth 1800. {image}
The key phrase here is "would have been". Hindsight is always 20/20. But predicting such a move is extremely difficult. In fact, I would say that doing so is impossible on a consistent basis. However it was absolutely possible to swing trade the down trend from key levels and making a decent return without having to hold on to trades for weeks.

Q
Quoting Quinton
{quote} The key phrase here is "would have been". Hindsight is always 20/20. But predicting such a move is extremely difficult. In fact, I would say that doing so is impossible on a consistent basis. However it was absolutely possible to swing trade the down trend from key levels and making a decent return without having to hold on to trades for weeks. Q
By looking at the weekly and monthly chart it was obvious that there was a good chance of a reversal. I couldn't have predicted that the downtrend would be so strong but there are several periods where strong trends could have been predicted based on fundamental factors. For example when the RBA began cutting interest rates, and during QE in USA and EU.
If slaughterhouses had glass walls, everyone would be a vegetarian!
In 2016 i think that a lot of money can be made by shorting EUR/USD due to diverging monetary policies. QE in europe and rising interest rates in USA.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • Post #7,155
  • Quote
  • Edited May 19, 2016 6:54am May 18, 2016 10:17am | Edited May 19, 2016 6:54am
This is probably the best strategy that I have ever read about. Instead of trading in both directions I look at fundamental factors and try to figure out which direction a currency pair should move and then I only trade in that direction. I have lost a lot of trades(-1267 pips) but now there are only profitable trades left. I love looking at that screen of green. Does anyone else have success with this strategy?
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If slaughterhouses had glass walls, everyone would be a vegetarian!
I guess this thread is dead. To anyone reading this, do yourself a favor and test this trading strategy. I currently have open positions on zulutrade with a combined profit of more than 3000 pips. After subtracting all my losses that's a profit of more than 1500 pips in about 5 weeks. This strategy works! Especially if you only trade in the direction that is supported by fundamental factors.
If slaughterhouses had glass walls, everyone would be a vegetarian!
Quoting Gambler180
I guess this thread is dead. To anyone reading this, do yourself a favor and test this trading strategy. I currently have open positions on zulutrade with a combined profit of more than 3000 pips. After subtracting all my losses that's a profit of more than 1500 pips in about 5 weeks. This strategy works! Especially if you only trade in the direction that is supported by fundamental factors.
Thanks for the advice. I'm not following this strategy but I read many pages starting from the first post. But in the end, isn't this trend following? I do trend following and I committed myself to get rid of my mistakes as much as possible. It looks like I get some good results, although it is too early and I'll need many months to solidly believe in my results.

I care about fundamentals too, but I'm quite a beginner there. Would you mind to pass by this thread of mine? http://www.forexfactory.com/showthre...91#post8943291
Quoting Gambler180
This is probably the best strategy that I have ever read about. Instead of trading in both directions I look at fundamental factors and try to figure out which direction a currency pair should move and then I only trade in that direction. I have lost a lot of trades(-1267 pips) but now there are only profitable trades left. I love looking at that screen of green. Does anyone else have success with this strategy? {image}
Hi Gambler,

A bit worrying to believe what you say when there are two tabs open on your computer on how to beat a polygraph

Regards
Quoting Phil1234
{quote} Hi Gambler, A bit worrying to believe what you say when there are two tabs open on your computer on how to beat a polygraph Regards
Hehe. Now I can close all positions for a total profit of over 2000 pips after subtracting losses
If slaughterhouses had glass walls, everyone would be a vegetarian!
Sad to see not much activity in this thread, but I wanted to bring to everyone's attention a monthly bearish engulfing candle in $EURUSD about to close after a year of choppy movement. Could be the start of another major leg down.
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Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
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