Lol softy...
AHG - Profitable Strategy for Struggling Traders
- Thread starter Anekdoten
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Lol softy...
Hi All,
Here are the holidays and we get an Xmas gift from Anek. Coool...
I don't have much experience with IRC but found that Hydra was complicated, at least for me. I downloaded Xchat from www.xchat.org and discovered it's a piece of cake to use. Let's see, since it's Christmas, that would be fruit cake? You've got to be kidding! Back to the eggnog with rum.
Shel
Here are the holidays and we get an Xmas gift from Anek. Coool...
I don't have much experience with IRC but found that Hydra was complicated, at least for me. I downloaded Xchat from www.xchat.org and discovered it's a piece of cake to use. Let's see, since it's Christmas, that would be fruit cake? You've got to be kidding! Back to the eggnog with rum.
Shel
Thanks to Anek, Piscuy, Brutus, Mark et al for all their help and encouragement. Looking forward to 2008.
Open question to any and all using P's scalping 123. In the attachment you will see a lengthy retrace from this afternoon. First down candle is signal candle but next bar ticks lower. P has said this negates the trade (ie for a long). Then, the following candles signalled a big rally. My question is when the 123 you're anticipating doesn't materialize and then reverses would most take that signal ?(obviously profitable in this instance)
Second query wrt P's 123. In a bullish scenario do most go long with a buy stop above the signal bar or putting in a buy limit hoping for a slight retrace. Thanks and Merry Christmas.
Open question to any and all using P's scalping 123. In the attachment you will see a lengthy retrace from this afternoon. First down candle is signal candle but next bar ticks lower. P has said this negates the trade (ie for a long). Then, the following candles signalled a big rally. My question is when the 123 you're anticipating doesn't materialize and then reverses would most take that signal ?(obviously profitable in this instance)
Second query wrt P's 123. In a bullish scenario do most go long with a buy stop above the signal bar or putting in a buy limit hoping for a slight retrace. Thanks and Merry Christmas.
Anek,
Thanks for keeping the room open. Very classy move indeed.
I'll be on vacation til after the 1st, but look forward to rejoining then.
Merry Christmas everyone!
Thanks for keeping the room open. Very classy move indeed.
I'll be on vacation til after the 1st, but look forward to rejoining then.
Merry Christmas everyone!
I don't know if you guys would call this contribution ..but let us get rid of certain misconceptions about irc live channels..I've been to some and they sucked ass almost as much as being nice,he,he..
if anybody thinks he will make money just by being in the channel coping other people's calls he'd better think again..there is so much noise there, many jokes,questions,problems -either technical or personal,etc..it definitely has an impact upon your trading decisions and this is not the one you you'd desire to have..
personally I'm much better off trading by my own and channels are only good when there is nothig else to do.. Unless ,of course, when one is guided by hand ,say,buy now at this price and sell now
at that..but who has time to do it? and then one might listen to the signal,take a position and wait for a signal to exit..and how about if the connection on the other side goes down? I mean, if one takes this business seriously one can not depend on any channels no matter payable or for free..besides,if there are like 100
people in there, imagine their active contribution..100 brand new ideas at a time! and now you have to take a decision and you short of cash already..but there are nice people there and you can see real live winners there which makes you feel it is possible..and maybe that's why it's worth it..
if anybody thinks he will make money just by being in the channel coping other people's calls he'd better think again..there is so much noise there, many jokes,questions,problems -either technical or personal,etc..it definitely has an impact upon your trading decisions and this is not the one you you'd desire to have..
personally I'm much better off trading by my own and channels are only good when there is nothig else to do.. Unless ,of course, when one is guided by hand ,say,buy now at this price and sell now
at that..but who has time to do it? and then one might listen to the signal,take a position and wait for a signal to exit..and how about if the connection on the other side goes down? I mean, if one takes this business seriously one can not depend on any channels no matter payable or for free..besides,if there are like 100
people in there, imagine their active contribution..100 brand new ideas at a time! and now you have to take a decision and you short of cash already..but there are nice people there and you can see real live winners there which makes you feel it is possible..and maybe that's why it's worth it..
Hi SwingScalper,
Thanks for your post and kind words...
Thank you for your suggestion of inclusion of Wolfe pattern. I have few more newer patterns/chapters written and will be added in future releases..
But to be honestly, no one can master all 65 patterns presented in the book. It would be wise to just pick 3-5 patterns for beginners and 5-10 for advanced traders which fits your style, methodolgoy. Study this select group thoroughly and 'Master' these patterns with your own indicators, time-frames, instruments etc.. Practice them in Sim/Paper/BackTest accounts and then put it to work with your rules/execution methods.. Once you build confidence, then trade them every time they are presented you... Its really a big educational journey, but for motivated individuals, it presents sweet rewards for years to come... I have come a long way and have many arrows on my back to prove it
Many ET-ers well selected group (s) of patterns like Tops/Bottom Chapter ('Dragon', '2B', 'DB/DT') and on ABC/X5, Geometric Patterns (Triangle, Rectangles..) and various H&S. wave-structures....
Patterns are more definitive way of trading and come with a set of clear rules of entries/exits and targets/stops... That is my belief and I truly conveyed that in my book.
I am truly humbled and pleasantly surprised by the acceptance of my book and its methods. Sincere thanks to all who have bought and sent their encouraging comments about the book.. It is great to see so many start to use chart patterns as part of their trading methods/arsenal.
Anek, Piscuy, hwkaiser and many others who are part of #AHG cause, are clearly on a great path to help others with their efforts and I highly commend and respect them for their outstanding work...
If I can be helpful, pl. do not hesitate to contact me...
Happy Holidays and Merry Christmas!
Regards,
Suri
Thanks for your post and kind words...
Thank you for your suggestion of inclusion of Wolfe pattern. I have few more newer patterns/chapters written and will be added in future releases..
But to be honestly, no one can master all 65 patterns presented in the book. It would be wise to just pick 3-5 patterns for beginners and 5-10 for advanced traders which fits your style, methodolgoy. Study this select group thoroughly and 'Master' these patterns with your own indicators, time-frames, instruments etc.. Practice them in Sim/Paper/BackTest accounts and then put it to work with your rules/execution methods.. Once you build confidence, then trade them every time they are presented you... Its really a big educational journey, but for motivated individuals, it presents sweet rewards for years to come... I have come a long way and have many arrows on my back to prove it
Many ET-ers well selected group (s) of patterns like Tops/Bottom Chapter ('Dragon', '2B', 'DB/DT') and on ABC/X5, Geometric Patterns (Triangle, Rectangles..) and various H&S. wave-structures....
Patterns are more definitive way of trading and come with a set of clear rules of entries/exits and targets/stops... That is my belief and I truly conveyed that in my book.
I am truly humbled and pleasantly surprised by the acceptance of my book and its methods. Sincere thanks to all who have bought and sent their encouraging comments about the book.. It is great to see so many start to use chart patterns as part of their trading methods/arsenal.
Anek, Piscuy, hwkaiser and many others who are part of #AHG cause, are clearly on a great path to help others with their efforts and I highly commend and respect them for their outstanding work...
If I can be helpful, pl. do not hesitate to contact me...
Happy Holidays and Merry Christmas!
Regards,
Suri
Hi Vinc,
Like you I don't trade the US markets [ due to time zone differences] but rather what I consider secondary markets, somewhat sporadically due to business commitments. I have no doubt that your thoughts on IRC rooms are pretty much on the money,but still think it would be enlightening to see how primary [US] market action differs to the other [secondary] markets. For the FTSE a hybrid approach is appropriate for my style, as I don't have US data feed there is no way to independently verify the effectiveness of my approach in US markets. In Australia fellow futures traders seem to be pretty thin on the ground,so AHG has been a godsend as trading can be quite isolating and lonely , here generally, the posters have been positive and friendly with a genuine desire to provide whatever help they can. I for one most certainly appreciate their efforts.
Best Regards
Johno
Like you I don't trade the US markets [ due to time zone differences] but rather what I consider secondary markets, somewhat sporadically due to business commitments. I have no doubt that your thoughts on IRC rooms are pretty much on the money,but still think it would be enlightening to see how primary [US] market action differs to the other [secondary] markets. For the FTSE a hybrid approach is appropriate for my style, as I don't have US data feed there is no way to independently verify the effectiveness of my approach in US markets. In Australia fellow futures traders seem to be pretty thin on the ground,so AHG has been a godsend as trading can be quite isolating and lonely , here generally, the posters have been positive and friendly with a genuine desire to provide whatever help they can. I for one most certainly appreciate their efforts.
Best Regards
Johno
I am certainly glad that #ahg is still open.
My live charting time is somewhat sporadic. So I'm not absorbing as fast as others.
Therefore I lurk to avoid(try to) asking stupid questions and contribute nonsensical gibberish.
It's great to see it all live. It really helps when comparing my live analysis with others.
It's been a privilege, and it will continue to be.
-Tech
My live charting time is somewhat sporadic. So I'm not absorbing as fast as others.
Therefore I lurk to avoid(try to) asking stupid questions and contribute nonsensical gibberish.
It's great to see it all live. It really helps when comparing my live analysis with others.
It's been a privilege, and it will continue to be.
-Tech
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