AHG - Profitable Strategy for Struggling Traders

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Here is a play I took months ago in the YM. It worked out so well I took a screenshot and kept it for references. Glad I did cause now I can show you guys.

Anek
 

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Anec

Could you include the timebar in your charts please. The only ones I see that fill the bill are around 9:34 and 14:58 EST.
 
Quote from vinc:

yeah,the first one looks like double bottom to me.. that's why I can never be sure..
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Vinc,

Not exactly the second bottom is slightly higher. Needless to say a double bottom in itself is a bullish formation so that gives you some sort of bias, not surprisingly it broke to the upside.

Anek
 
Quote from vinc:

and I was just tying to figure out how you guys draw those lines! and you come up with definition.. Anek,I really appreciate your input,I think you woul be an exellent teacher :) if I ever make any money trading this method I think I'm going to donate some of it following your suggestions:D
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FWIW

Tradestation has a Penant Breakout Showme study that can be adjusted to pick up some symmetrical triangles...

However, I believe the best software on the market is "your own Eye"...imho
 
the last one you posted reminds me of a wolfe wave in a way and I don't mean to be ironic here..well,whatever..be it d.bottoms or w.waves..if it brings us some green means it works:)
 
Gary,

I took two, not at all three.

Just like I suck at swing trading due to the necessity of larger stops I have trained my eye to spot them. Again, got to concentrate on your forte.

Anek
 

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Quote from monti1a:

FWIW

Tradestation has a Penant Breakout Showme study that can be adjusted to pick up some symmetrical triangles...

However, I believe the best software on the market is "your own Eye"...imho
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Monti,

I have tried the Pennant show me but as you said there is nothing like the eye.

I have been unsuccessful at obtaining an ELD for Tradestation the facilates the search for them, aside from the show me you mentioned.

I can spot them with ease but I could use assistance if I was looking at four eminis with two different timeframes.

Could you please post the settings you got for the pennant show me ? Perhaps it can be useful to me.

Thank you.

Anek
 
OK Thx. I see the third one now. My charts are compressed quite a bit more than yours. I will try exanding my charts a bit.

edit: Also clearer on the 5k. Might try that too. Too much fun.:)
 
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