AHG - Profitable Strategy for Struggling Traders

Status
Not open for further replies.
Quote from booyah:

Thanks Anek,

I need to study the symm triangles more. You guys can definitely spot them a lot faster. I know you believe purely in price action, but do you guys use other TA tools for trading or maybe just testing purposes ?
More...

Highs

Lows

Double Tops

Double Bottoms

Time and Sales

Trendlines

Support

Resistance

All you need.

:p

Anek
 
Quote from jimmygold:

Side ways movement with dwindling Volume is an indication the Market is taking a breather with not much activity. Metaphorically speaking kind of like the calm before the storm. Getting ready for the next move up on heavier vol , in a strong HH HL trend that is !!
More...


I see what you mean Jimmy, so the opposite would be strong volume during sideways movement would possibly indicate a reversal. I see Anek circled the low volume during the sideways movement which led to a continuation of the uptrend.

I see what you guys mean. I'm Learning something new everyday. Gotta keep observing and hopefully Pretty soon I'll be at the pub after trading downing some free pints of Guinness like Razor !

Good work today Razor, capitalizing on the afterhours too !
 
Quote from booyah:

I see Anek circled the low volume during the sideways movement which led to a continuation of the uptrend.
More...

That is not volume that is strength/weakness in price action.

Anek
 
Quote from Anekdoten:

That is not volume that is strength/weakness in price action.

Anek
More...

oops.

is that indicator available through trade station or is that something you had to put.


I know Im a noob.
 
Quote from jimmygold:

Side ways movement with dwindling Volume is an indication the Market is taking a breather with not much activity. Metaphorically speaking kind of like the calm before the storm. Getting ready for the next move up on heavier vol , in a strong HH HL trend that is !!
More...

Dude please.... sideways movement with diminishing volume?.. Im shorting that action all other variables aside

Paul
 
Quote from booyah:

oops.

is that indicator available through trade station or is that something you had to put.


I know Im a noob.
More...

It's completely proprietary, the main function was written by a very talented trader friend. Since I can't share it I should not show it on my charts but people keep asking me how do i get such good entries and well, I have to explain.

It is by no means a requirement it's just good stuff to summarize price action faster so you can be more efficient and precise.

Anek
 
Quote from booyah:

Thanks Anek,

I need to study the symm triangles more. You guys can definitely spot them a lot faster. I know you believe purely in price action, but do you guys use other TA tools for trading or maybe just testing purposes ?
More...


Hey Boo,

You can easily spot triangles, just by connecting the latest (2 or 3) highs and the latest lows.
You can do it with trendlines, or just imagine these lines.

At least, that's how I find them.


PM
 
Thanks Anek, that is the plan :D

21 trading days so far on this, 12 winning days, 9 losing days, biggest winning day +$333, largest losing day -$441 (don't think this will be an issue anymore since about day 10 or so when I made the commitment to stop fighting the trend :D.....Net Gain trading 1 NQ for 21 days = $556

That is about a months worth of trading and to have a net gain trading only 1 NQ car (only $20 a point) with some large losing days at the beginning when I was still fighting the trend at some points has me feeling pretty good and gaining confidence :D

Thanks again Anek and others for the support and help.

Good weekend all, cheers :D


Quote from Anekdoten:

Good stuff, keep the consistency.

Then add 1 car as you go by, progressively, responsibly, then you become filthy rich. :D

Anek
More...
 
Status
Not open for further replies.
Back
Top