AHG - Profitable Strategy for Struggling Traders

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do we need to watch market internal along with price action to fine tune your entry.

i think its better to watch Tick and advance decliners to be on the right side.


I am still not able to come up with you indicator for dynamic support resistance.

Anek what other indicator are you using now. can you post a latest screen shot when you get some time.

i was rereading first 30 pages and was watching how good your dynamic support indicator indicates.
 
I find market internals quite useless.

Price action, don't complicate things.

You are looking for crystal balls that do not exist. Everything lags but price.

If it's an uptrend, buy retracements.

If it's a downtrend short pop ups.

If congested, play Pac Man.

Tell you what, go back to my first post in the journal, it's all in there.

Anek

PS: I think the S/R indicator is on page 14
 
bill

The dynamic s/r is not an indicator. It is simply an application for marking the swing highs and lows. You can do it with short trend lines or some other mark yourself if you cant use the coded model.
 
Quote from Anekdoten:

I find market internals quite useless.

Price action, don't complicate things.

You are looking for crystal balls that do not exist. Everything lags but price.

If it's an uptrend, buy retracements.

If it's a downtrend short pop ups.

If congested, play Pac Man.

Tell you what, go back to my first post in the journal, it's all in there.

Anek

PS: I think the S/R indicator is on page 14
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Spot on Anek !! Just two trades today with moderate losses. Just being patient and sitting tight for this choppiness to leave.

Id rather be bored and flat for day than excited and a big loser for the day.

Yes trading can be damn motonous much of the time. But once something does happen and a Trend develops for optimum setups like HH HL, well it all becomes worth it.

If you feel like you are getting over anxious to trade in choppy conditions
or you feel you are getting trigger happy with buy button, then take a break and go watch some funny videos at Youtube or take a jog :cool:
 
Good to hear it's not just me. 2 trades, two small losses.
Wish there was some way to display my chart on the inside of my eyelids...........zzzzzzzzzzzz
 
Jimmy,



Good point about jumping the gun and diving into the chop. I'm trying to stick with the clear trends. I'm sure im not the only noob with the problem but in an uptrend with strong HH's and HL's (im using green and red bars, simple price bars I believe) In the strong uptrend if you dont see a pull back (red bar) do you guys chance it and jump in based on the fact that its progressing quickly, or do you wait no matter what for a pull back (retracement) and if so you do you jump on after the first red bar ?

Thanks Guys.
 
Anek,

Stumbled onto this thread, and I really appreciate all those logical rules that I always seems to break.

Just starting with the your basic concepts.

Going with the current gives a much more confident feeling. And I feel I'm more in touch with what's going on. A good trend does hurt either.
 
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