AHG - Profitable Strategy for Struggling Traders

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is it just me or did you guys have a really tough day after 12pm est. after initial downtrend. and by any chance does anyone here have a dell 22 inch lcd im considering gettiing one and the price is very good right now.
 
Anek, here is your quote from original post.

"As you get more experienced you can profit off consolidation by fading support/resistance but for now, stick only to
the meaningful trends."

Can you comment how often you do range plays and some techniques. Besides using triangles for congestion.

And do you ever make countertrend trendline break trades? Or is this an absolute no no?

Or should one avoid all of the above until say year of consistent trend/PA trading.
 
Far,

I think it would add too much confusion if I discuss countertrend and profiting off consolidation when AHG is exactly the opposite.

For that matter I think it's best that I don't discuss such topics.

The one exception is symmetric triangles.

Anek

Quote from farscape105:

Anek, here is your quote from original post.

"As you get more experienced you can profit off consolidation by fading support/resistance but for now, stick only to
the meaningful trends."

Can you comment how often you do range plays and some techniques. Besides using triangles for congestion.

And do you ever make countertrend trendline break trades? Or is this an absolute no no?

Or should one avoid all of the above until say year of consistent trend/PA trading.
More...
 
Far,

I usually say an uptrend is composed of at least two higher highs and two higher lows but if I see a solid double bottom followed by only one higher high/higher low I might take the play depending on S/R and price action.

Same with double top and ll/lhs.

Anek
 
Use extra caution this week, low volume due to upcoming long weekend may cause you to over trade.

Only trade optimal looking setups or take the week off.

I'm taking Thursday and Friday off and already skipped Monday so it looks like I'm following my own advice, for now :)

At the very least, it should be choppy and boring.

Anek
 
Anek,

Do you take trades based on your oscillator? You have arrows that point to it.

I know it's super secret, so Yes/No will do.

:D

That chart doesn't look so bad. A few nice setups that would have made the day worth it.

B
 
Quote from Bogwaluth:

Anek,

Do you take trades based on your oscillator? You have arrows that point to it.

I know it's super secret, so Yes/No will do.

:D

That chart doesn't look so bad. A few nice setups that would have made the day worth it.

B
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Bog,

My oscillator is based solely on highs/lows and trendline breaks, so yes.

Nevertheless trend analysis first, above all, then I use my indicator as confirmation since it is a statistical summary of price action for quick thinking.

The computer can compute and analyze this much faster than I can but essentially it is doing what I used to do visually on the chart.

Think of it as a robotic AHG which is why I call it that. It's no secret, just a proprietary algorithm developed by a talented coder who understands trading very well.

Anek
 
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