AHG - Profitable Strategy for Struggling Traders

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Quick question. If you are using indicators that are developed 100% from price action, why not just let the price action show/tell you what is happening instead of referring to an indicator to try and tell you what is allready happening as price moves/develops itself. Confuses me...but just seems redundant or extra.

~Cx
 
Somehow in those past posts I forgot to mention this.

When looking for entry, say a long or even re-entry, you want strength to return in the pullback and when that happens make sure price did not violate the current highs and lows.

At this point this might sound trivial but sometimes in the heat of the moment we forget this.

Extremely important and how in the world do I make stuff bold in this forum ? :)

Anek
 
Quote from Anekdoten:

Cx,

Give those waves similar frequency, it will help you determine the meaningful pivots.

Anek
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Do you need to see the HH HL or LH LL in waves following a big trend up or down? The example I think of that makes me ask this is when you get those nice bounces straight up or down in the other direction causing alot of the new move to occur and lose juice before you get a shot at it. Probably has to do with where you set your Tick/volume charts...but just curious. Thanks!

~Cx
 
Quote from Cxinvest:

Quick question. If you are using indicators that are developed 100% from price action, why not just let the price action show/tell you what is happening instead of referring to an indicator to try and tell you what is allready happening as price moves/develops itself. Confuses me...but just seems redundant or extra.

~Cx
More...

Cx,

At first I never revealed my home brewed stuff because I did not want to do exactly what Im doing now, confusing traders like yourself.

Nevertheless, I need to somehow explain how I'm able to obtain killer entries. You have no idea how many personal mails I got that started like "WTF how did you get that entry" so I had some explaining to do.

Now to answer your question. Even if you know the answer to 2 + 3 + 2, even if you know that Y comes after X, even if you know that 1400 is below 1401 and above 1399, a computer will always do it faster and precisely. On top of that it has killer memory.

Hope that answers your question.

Anek
 
Quote from Cxinvest:

Do you need to see the HH HL or LH LL in waves following a big trend up or down? The example I think of that makes me ask this is when you get those nice bounces straight up or down in the other direction causing alot of the new move to occur and lose juice before you get a shot at it. Probably has to do with where you set your Tick/volume charts...but just curious. Thanks!

~Cx
More...

Ya there comes a point where this stuff can get really subjective and it all comes down to, in your best judgement, which were the meaningful highs and lows. Personally, I like to use frequency for this.

Anek
 
Quote from Anekdoten:

Cx,

At first I never revealed my home brewed stuff because I did not want to do exactly what Im doing now, confusing traders like yourself.
More...

Np. You give good straight forward answers, and if it seems like im prying for information I apologize, not my intentions. The fact that you are teaching people to follow price and trends as the basis is a goldmine of education for this business in my opinion anyway. Not looking for your home brewed details, just good simple reponses because at least in this thread they seem logical and to the point.

~Cx
 
Hi Anek
This is how i see the chart patterns. My comments are in red font. When I wrote DT(double top), i meant resistance not DT

Quote from Anekdoten:

Here is a VERY tricky scenario that I'm posting for observation.

Remember that to jump long, and most important after massive downside, you need 2 HHs and 2 HLs or a Double B followed by a HH and HL.

I think this situation is peculiar and merits discussion.

Anek
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