AHG - Profitable Strategy for Struggling Traders

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Quote from GaryN:

Determining the swings is the least subjective aspect imo. Subjectivity comes in on the entries and exits which cannot be helped because they are always a compromise.
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Gary,

I would have to agree with Alpine and you here, it's a bit of both, read post above.

Anek
 
Quote from anvil993:

Hey Coach...stayed patient, identified the trend, made good trades, took profits, stayed in the 'present'...banked $1244.

Logged off and currently trying to tie myself to my chair...to avoid logging back on and getting reamed on a rash trade.
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Remember no one is forcing you to trade live. In fact, don't trade live until you fully believe in yourself and your method.

Glad you did well.

Anek
 
Walter,

I do not like time based charts, they got longbars and mislead. I don't recommend them.

Feel free to use them to practice trend classification but definitely tick or volume based bars for the real deal.

Anek

Quote from walter1986:

Anek,

I came across this thread a couple of days ago and have been very impressed with your willingness to help others. I'm in the group of newcomers trying to make sense of futures trading. I'm sure I'll have more questions as I try to become skillful at your seemingly straightforward method.

I've been practicing with mixed success. I'm using timed price data, vs. fixed volume, because that's all I have available using Etrade's platform, TTrader. I know that's a crappy reason to use time-based price data, but until I move to a different platform, what time period do you think would most mimic volume graphs, for the ES? 1 minute charts move very fast and 5 minute charts seem way too slow. Perhaps 3 minute bars?

Also, would appreciate anyone's 2cents on which platform I should look at.

Thanks.
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Quote from GaryN:

Anec

I've brushed off fibs in the past but Ive been looking at it since you brought it up and it does look like a pretty sound method of entry. Can you tell me what kind of stop you use for those times when price blows right through your limit order. When price is moving fast when it gets close to your order do you pull it and try to get a better price?
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Forget the word fibs, to me it's just voodoo crap. Just examine complacency of bears and bulls akin to meet me half way or 50%.

Aside from that, study price, study the micro reversal when looking for entry, look at time and sales, stochs, etc.

Many times you will not always get that 50% if trend is mega strong. Need to study price action and when you see a sign of "ok we are done", weak hands out, then you jump with the trend that matters.

Anek
 
Jaxon,

Tradestation requires a solid machine with plenty of CPU power and memory to work well.

I like the charting software though.

Anek

Quote from Jaxon:

Anek, Does Tradestation work ok for you? I know my comp is underpowered, but it freezes up when activity picks up and has been nearly worthless since 215pm. I know ts has issues with this and it is not just me.

GaryN, Anek will answer your question, but I went through the same thing and it appears to me that rather than place a limit order at a fib retracement, waiting for the market to hit that level, it seems that Anek lets the market turn hgiher first, then with the help of stoch crossover enters on the uptic. Is that fair, Anek?
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Hi Stealth

There has been mention of market internals here. Could you mention a few I could read up on?

TICK, TRIN, PUT/CALL, A/D ?

could you please elaborate ?

thanks for a great thread anek !

cheers
ss
 
Quote from Jaxon:

it seems that Anek lets the market turn hgiher first, then with the help of stoch crossover enters on the uptic. Is that fair, Anek?
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Jaxon,

Right on the money, good observation.

Anek
 
Quote from screenstruck:

Hi Stealth

There has been mention of market internals here. Could you mention a few I could read up on?

TICK, TRIN, PUT/CALL, A/D ?

could you please elaborate ?

thanks for a great thread anek !

cheers
ss
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I will let ST answer this but I could not help posting my opinion :)

TICK TRIN A/D nothing of that matters to me. It used to, it does not anymore.

So ST does not approve of my anchor charts and I don't approve of his market internals.

Can you say, FIGHT!? :eek:

Just kidding, peace and love.

Anek
 
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